Archive for the 'Newspapers' Category
Which sex invests better?
A column (subscription required) in today’s Wall Street Journal looks at an interesting question that has received more attention from the world of academia lately: How do men and women invest differently, and who invests better?
A few general truths: women tend to be much more cautious as in…
Newspaper wrap-up: instance Warner likely to sell or spin off duration Warner Cable
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MAJOR PAPERS:
Battling Baidu.com Inc (NASDAQ: BIDU) in China with little success, Google Inc (NASDAQ: GOOG) is working with a Chinese company to offer free licensed music downloads, the Wall Street Journal reported. The new service is expected to be launched in several weeks.
OTHER PAPERS:
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Are current directors good replacements for departing CEOs?
A piece (subscription required) in The Wall Street Journal looks at the increasingly common practice of companies selecting new CEOs from the ranks of their current directors.
Proponents of the practice believe that a current director will already have some familiarity with the company and it…
Nike looking to sell Bauer hockey unit
Apparently, even Pittsburgh Penguins phenom Sidney Crosby hasn’t been sufficient to revive stagnant interest in hockey. Nike (NYSE: NKE) is reportedly looking to unload Bauer, a market leader in hockey equipment. The company is expected to get less than half of the $395 million it paid for Bauer…
Newspaper wrap-up: Google looks to torpedo Microsoft’s tender for Yahoo!
MAJOR PAPERS:
The Wall Street Journal reported that U.S. and European antitrust regulators are expected to carefully scrutinize Microsoft Corporation’s (NASDAQ: MSFT) $44.6B tender for Yahoo! Inc (NASDAQ: YHOO), which could possibly delay a completed deal for up six months.
OTHER PAPERS:
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Newspaper wrap-up: Potential crackdowns forced Countrywide to seek out Bank of America
MAJOR PAPERS:
With regulators, politicians and rating firms biting at their heels, Countrywide Financial Corporation (NYSE: CFC) believed that it had no choice but to approach Bank of America Corporation (NYSE: BAC) final month about a merger, reported the Wall Street Journal. That fear led to B…
Harbinger Capital fund sets its sights on the NY Times
The newspaper industry has been struggling of late, battling online classified sites, job listings, and free blogs. While readership of offline paper has been steadily decreasing, readers have been drawn more and more to the online versions of newspapers.
Last Thursday, Reuters published the …
Newspaper wrap-up: IBM-AMD merger rumor is ’speculation gone amok’
MAJOR PAPERS:
Liberty Media Corporation (NASDAQ: LCAPA) filed a lawsuit in Delaware against IAC/InterActiveCorp’s (NASDAQ: IACI) Barry Diller in an attempt to block Mr. Diller from completing the spinoffs of several units on terms that could dilute Liberty’s voting capability; the suit pursues a…
Newspaper wrap-up: NYS regulator urges banks to bail out struggling bond insurers
MAJOR PAPERS:
Two years after saying it would open about 100 new branches a year, Citigroup Incorporated (NYSE: C) has decided to drastically cut back, and will instead focus on big markets, reported the Wall Street Journal.
Wal-Mart Stores Inc (NYSE: WMT) wants a piece of the pharmacy b…
Three steps to fix the banking system
The Wall Street Journal’s [subscription required] David Wessel gets it. His analysis of the problems with the banking system and how to fix them are spot on. He thinks there are three steps to fix the system and I agree.
His three steps:
Link banker’s pay to the quality of the loans they …
What in the world happened to the New York Post’s story on Arthrocare?
On December 17th, StreetInsider.com wrote about a story in the New York Post that had shares of medical equipment company Arthrocare (NASDAQ: ARTC) trading down. According to StreetInsider:
According to the Post, about 75% of Arthrocare’s US spinal unit trade came from DiscoCare, although Art…
Media World: Huckabee, Obama victories leave pundits speechless
In describing the results of final night’s Iowa caucuses, The Washington Post’s David Broder minced no words: “Eight years after Iowa voters did the conventional — sending George W. Bush and Al Gore on to meet in the election of 2000, they shook up the status quo in both parties as never before…
Newspaper wrap-up: Big three commit to diesel option for light pick-ups
MAJOR PAPERS:
Hamilton Sundstrand, a unit of United Technologies (NYSE: UTX), will reportedly announce a partnership with US Renewables Group, the Wall Street Journal reported. The partnership is set to commercialize a new type of solar-power plant that will convert molten salt to convert th…
Ron Paul raises $19 million in 4th quarter — will he run as an independent?
