Newspaper wrap-up 1-22-07: Google in talks to acquire AdScape


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).
Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 04:01 PM

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