Media Digest 2/14/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Yahoo! (YHOO) is in talks with News Corp (NWS) about an M&A deal but analysts say it is unlikely to work. Reuters writes that Paulson thinks the US economy will not…
According to Reuters, Yahoo! (YHOO) is in talks with News Corp (NWS) about an M&A deal but analysts say it is unlikely to work. Reuters writes that Paulson thinks the US economy will not…
According to Reuters, GM (GM) offered buy-outs to workers after posting a large Q4 loss. Reuters writes that Warren Buffett offered to insure $800 billion worth of bonds currently insured by monoline insurance companies.…
There is an interesting note out of Stanford Group Company’s Paul Gallant calling for the likely approval of the merger between Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR). The research…
From Silicon Alley Insider Last year, Verizon milked $117.5 million from Internet phone upstart Vonage in a long, ugly patent war. This year, it’s going after its real rivals — the cable companies —…
There has been some speculation that Barry Diller might be able to keep control of IAC/Interactive (IACI) without fighting with majority shareholder Liberty Media, if he hands over his largest division, The Home Shopping…
According to Reuters, Yahoo! (YHOO) rejected Microsoft’s (MST) bid for the company. Reuters writes that Credit Suisse reduced its write-downs from subprime insrtuments. Reuters writes that RIM (RIMM) had a huge outage in Blackberry…
According to Reuters, Societe Generale will raise almost $8 billion at a large discount to its current stock price. Reuters writes that Hugo Chavez has threatened to seize foreign milk plants in Venezuela. According…
This week on MAD MONEY on CNBC, Jim Cramer had some international advice. He wants portfolios to have Brazilians, but not the waxing type. He has an oil play, a metals and mining play,…
Perhaps Steve Jobs has a relative as The Justice Department. The four largest music labels including Warner Music (WMG), Universal, and BMG want to band together and start a music download operation called Total…
According to Reuers, Exxon (XOM) won a court order freezing $12 billion of its assets in Venezuela. Reuters writes that Congress has passed an economic stimulus package and sent it to Bush. Reuters writes…
Accorrding to Reuters, GM (NYSE: GM) will have half of its cars running on ethanol by 2012. Reuters writes that Cisco (NASD: CSCO) gave a weak forecast, moving tech shares down. Reuters writes that…
IAC/InteractiveCorp (NASDAQ: IACI) has posted headline EPS $0.46, while First Call had estimates at $0.55. Total revenues were brought in at $1.86 Billion, versus a $1.83 Billion estimate. We would note that there appears…
Either media companies live in a world all their own or a recession is not just around the corner. Results from Disney (NYSE: DIS) were especially good. Disney is a good indicator of the…
According to Reuters, BHP BIlliton (NYSE: BHP) raised its bid for Rio Tinto (NYSE: RTP). Reuters writes that Microsoft (NASD: MSFT) may raise its bid for Yahoo! (NASD: YHOO). Reuters reports that the current…
THQ inc. (NASDAQ: THQI) just posted earnings that it called in-line with previous guidance. The video game maker just posted $0.24 non-GAAP EPS on $509.6 million in revenues. First Call had estimates at $0.33…