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Media Digest 2/13/2008 Reuters, WSJ, NYTimes, FT

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.…

Douglas A. McIntyre · 19 years ago

Boutique Calling For Sirius-XM Approval (SIRI, XMSR)

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…

Douglas A. McIntyre · 19 years ago

Verizon’s Next Patent Target: The Cable Guys (VZ, CHTR)

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 —…

Douglas A. McIntyre · 19 years ago

Can Diller Buy Malone Off With Home Shopping Network?

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…

Douglas A. McIntyre · 19 years ago

Media Digest 2/12/2008 Reuters, WSJ, NYTimes, FT, Barron’s

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…

Douglas A. McIntyre · 19 years ago

Media Digest 2/11/2008 (MSFT)(TWX)(YHOO)

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…

Douglas A. McIntyre · 19 years ago

The Justice Department Gives Apple (AAPL) A Hand

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…

Douglas A. McIntyre · 19 years ago

Media Digest 2/9/2008 Reuters, WSJ, NYTimes, FT, Barron’s

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…

Douglas A. McIntyre · 19 years ago

Media Digest 2/7/2008 Reuters, WSJ, NYTimes, FT, Barron’s

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…

Douglas A. McIntyre · 19 years ago

Mixed IAC Results; Shares Initially Stung (IACI)

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…

Douglas A. McIntyre · 19 years ago

Media Companies Say “What Recession?” (DIS)(NWS)

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…

Douglas A. McIntyre · 19 years ago

Media Digest 2/6/2008 Reuters, WSJ, NYTimes, FT, Barron’s

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…

Douglas A. McIntyre · 19 years ago

THQ, Not So Recession-Proof (THQI)

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…

Douglas A. McIntyre · 19 years ago