Archive for the 'Newspapers' Category
Newspaper wrap-up: E-Trade expected to name Layton as its CEO
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MAJOR PAPERS:
Northrop Grumman Corporation (NYSE: NOC) won a $40B contract to turn Airbus jets into “flying gas stations” for U.S. military aircrafts, the Wall Street Journal reported, breaking The Boeing Company’s (NYSE: BA) lock on the market.
Royal Bank of Canada (NYSE: RY) is expected …
Income expert focuses on ‘partnership’ profits in energy
“We don’t have to leave the US to find plenty of bargain buys in partnerships and pass-throughs,” says Neil George in his new specialty service designed for income investors, The Partnership Letter.
In his search for “solid, heavy-cash-generating assets,” the advisor takes a look at two of his ne…
Newspaper wrap-up: Investor group expected to announce raised stake in New York Times
MAJOR PAPERS:
According to public familiar with the matter, the Wall Street Journal reported that an investor group that includes Harbinger Capital Partners is expected to report a raised stake in The New York Times Company (NYSE: NYT). The raised stake is expected to be shut to matching t…
Media World: New York Times may have done John McCain a favor
Ever since the New York Times broke the story about John McCain’s shut relationship with lobbyist Vicki Iseman, howls of outrage have been heard from one end of the right wing media world to the other. Outstanding Americans including Rush Limbaugh have accused the gray lady of publishing a parti…
Newspaper wrap-up: Motorola has no takers for its mobile devices unit
MAJOR PAPERS:
Nokia Corporation (NYSE: NOK), Samsung Electronics and LG Electronics have said no to buying Motorola Inc’s (NYSE: MOT) handset trade, and potential Chinese interest is not there. The insight now, according to the Wall Street Journal’s “Heard on the Street,” is that Motorola’s …
Newspaper wrap-up: American Capital Strategies tied to Baxter’s Heparin generic problems
MAJOR PAPERS:
The Wall Street Journal reported that the focus of reports of four deaths and 350 allergic reactions to Baxter worldly Inc’s (NYSE: BAX) generic version of the blood thinner drug Heparin, and the ingredients supplied by a Chinese manufacturer, plus includes Wisconsin-based Scie…
New York Times cuts 100 newsroom jobs
In a move that’s both sad and expected, The New York Times Company (NYSE: NYT) is planning to eliminate as many as 100 newsroom positions from its flagship paper.
The move pursues cutbacks at the other major papers including the company’s Boston Globe as well as The Los Angeles Times and Wash…
Newspaper wrap-up: Investigated ingredient in Baxter’s generic heparin drug made in China
MAJOR PAPERS:
The active ingredient in Baxter worldly Inc’s (NYSE: BAX) generic version of the anticlotting drug heparin, under research for four deaths and hundreds of not good reactions, was made in China, the Wall Street Journal reported.
Structured investment vehicles that supply short ter…
Newspaper wrap-up: PDVSA cuts Exxon Mobil off
MAJOR PAPERS:
The Wall Street Journal reported that analysts are looking to assess the significance of a new accounting problem at American universal Group Inc (NYSE: AIG) which includes “material weakness” the company’s auditor found that relates to subprime exposure.
China Mobile Limited (NY…
Newspaper wrap-up: Lenders may style Project Lifeline to help borrowers
MAJOR PAPERS:
BlackBerry maker Research In Motion Limited (NASDAQ: RIMM) suffered a lengthy outage yesterday to its e mail service, affecting about half of its North American customers. The cause has yet to be determined, but, according to the Wall Street Journal, its strong make loyalty could b…
Media World: Rupert Murdoch will get the final laugh on his many critics
Super Tuesday had a super payoff for CNN.
The Time Warner Inc. (NYSE: TWX) cable channel attracted 3.6 million viewers, beating out Fox News Channel which had 3.5 million and MSNBC — which I prefer — which had 2.1 million viewers amoung 8 and 11 p.m., according to The Los Angeles Times. Before …
Newspaper wrap-up: Writers’ strike may end soon
MAJOR PAPERS:
Increasing credit card delinquencies have caused banks to tighten their lending standards, which the Wall Street Journal said could outcome in a sharp pullback in consumer spending that would further weaken the slowing U.S. economy.
The Wall Street Journal additionally reported …
Can the newspaper industry be saved?
A piece in today’s New York Times reports on the bleak outlook for the newspaper industry. final year, brought the second-worst decline in ad revenue in more than 60 years, with only 2001, a recession, coming in worse.
Essentially, newspaper advertising broke its cyclical mold — booming and …
Can everyone stop impersonate insider buying at E*Trade means anything?
Last week, I explained why investors should pay no attention to the well-orchestrated insider buying at struggling broker E Trade Financial Corporation (NASDAQ: ETFC) when I said that:
The buying was in all probability coordinated to send a knowledge to investors — and Wall Street is eating it…
