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The Weather Channel Is For Sale

According to The New York Times, The Weather Channel is for sale by owner Landmark. The price is estimated to be about $5 billion. That number seems low. The cable operation has reaches more…

Douglas A. McIntyre · 19 years ago

Media Digest 1/3/2008 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, manufacturing weakness in the US has raised new fears of recession. Reuters reports that the most recent Fed minutes indicate a willingness to cut rates again. Reuters reports that US retail…

Douglas A. McIntyre · 19 years ago

Media Digest 1/2/2008 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, AT&T (T) may take a stake in Malaysia’s TM International Reuters writes that weak Wall St. bonuses may cut into some luxury spending. The Wall Street Journal reports that some money…

Douglas A. McIntyre · 19 years ago

Backward & Forward, Cramer In 2007 To 2008

2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008.  Everyone’s favorite market pundit or least liked pundit is obviously Jim Cramer. …

Douglas A. McIntyre · 19 years ago

Media Digest 12/28/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Merrill Lynch (MER) plans to lay-off 1,600 people. Reuters writes that US durable goods numbers were worse than expected for November. Reuters writes that Wal-Mart (WMT) will end its movie download…

Douglas A. McIntyre · 19 years ago

Apple’s (AAPL) Deal With Fox, A Waste Of Time

Apple (AAPL) has signed a deal with News Corp’s (NWS) to rent Fox studio movies on iTunes. Apple looks at it as something of a break-through. iTunes subscribers have been reluctant to buy movies.…

Douglas A. McIntyre · 19 years ago

Media Digest 12/27/2007

According to Reuters, housing prices had a record annual drop. Reuters writes that Sallie Mae (SLM) will raise $2.5 billion using stock and convertible notes. Reuters writes that Joseph Lewis has increased his stake…

Douglas A. McIntyre · 19 years ago

Media Digest 12/26/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Berkshire Hathaway (BRK) has bought control of Marmon Industries for $4.5 billion. Reuters writes that US retail sales were up a disappointing 3.6% for the holidays. Reuters reports that China auto…

Douglas A. McIntyre · 19 years ago

News Digest 12/25/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Merrill Lynch (MER) raised enough money to increase its capital by $5.7 billion. Reuters writes that US shoppers came out in strength over the "Super Saturday" weekend. Sales on Saturday rose…

Douglas A. McIntyre · 19 years ago