Newspaper wrap-up 1-22-07: Google in talks to acquire AdScape
Posted Jan 22nd 2007 9:20AM by Eric Buscemi
Filed under: Newspapers, Magazines, Google (GOOG), Cisco Systems (CSCO), Intel (INTC), Home Depot (HD), Alcoa Inc (AA), Sun Microsystems (JAVA), BP p.l.c. ADS (BP), Under Armour'A' (UA), Dow Chemical (DOW)
MAJOR PAPERS:
- The Wall Street Journal (subscription required)
- Google (NASDAQ: GOOG) may be in talks to acquire the in-game advertising company AdScape Media.
- Home Depot (NYSE: HD) directors are expected to meet with activist investor Ralph Whitworth, who wants the company to spin-off its lower margin supply business to better concentrate on its main stores.
- Sun Microsystems (NASDAQ: SUNW) is expected to announce an agreement with Intel (NASDAQ: INTC) that would involve Sun buying Intel chips for its server systems.
- Barron's Magazine (subscription required)
- Shares of Under Armour (NASDAQ: UARM) may be set to take a tumble and some only believe shares should be trading no higher than $40.
- Shares of Alcoa (NYSE: AA) may be set for another run and John Buckingham of Al Frank Asset Management would buy shares up to $32.41.
- The "Technology Trader" says it may be too early to walk away from shares of Cisco (NASDAQ: CSCO).
- The Financial Times (subscription required) reported that a private equity consortium may be after Dow Chemical (NYSE: DOW).
OTHER PAPERS:
- The U.K. Times reported that Tata Steel and CSN are both expected to raise their bid for Corus (NYSE: CGA).
- The Telegraph reported that BP's (NYSE: BP) exiting CEO Browne, dreamed of merging with Shell (NYSE: RDS.A).
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