Newspaper wrap-up 1-29-07: Verizon passed on iPhone
Posted Jan 29th 2007 9:28AM by Eric Buscemi
Filed under: Newspapers, Magazines, Apple Inc (AAPL), Boeing Co (BA), Caremark Rx (CMX), Clear Channel Commun (CCU), NYSE Euronext (NYX), CVS Corp (CVS), Verizon Communications (VZ), US Airways Group (LCC), News Corp'B' (NWS)
MAJOR PAPERS:
- A full page advertisement by CVS Corporation (NYSE: CVS) in this morning's Wall Street Journal (subscription required) warned Caremark Rx Inc (NYSE: CMX) shareholders that their "[investments] would be at risk" under Express Scripts' (NASDAQ: ESRX) proposal and recommended the CVS/Caremark merger. Also in the Journal:
- The Financial Times (subscription required) featured articles on News Corporation (NYSE: NWS) and Corus Group ADS (NYSE: CGA).
OTHER PAPERS:
- USA Today wrote that two years ago, Verizon Communications' (NYSE: VZ) Verizon Wireless turned down the opportunity to be the exclusive distributor of the iPhone in the U.S. because of Apple Inc's (NASDAQ: AAPL) financial terms and other demands.
- Investor's Business Daily's "New America" column mentioned Universal Stainless & Alloy Products (NASDAQ: USAP) positively, writing that Universal is looking to expand abraod with little foreign competition. The specialty steel products company focuses on the aerospace and power industries and named Boeing Company (NYSE: BA) as a key customer.
Tags: aapl, apple, caremark, ccu, cga, clear channel, ClearChannel, cmx, corus, cvs, dalrq, delta, esrx, express scripts, ExpressScripts, financial times, FinancialTimes, ft, ibd, investor's business daily, Investor'sBusinessDaily, iphone, lcc, news corp, NewsCorp, newspaper, nws, nyse, nyx, paper, periodical, tata, universal stainless, UniversalStainless, us air, usa today, UsAir, usap, UsaToday, verizon, vz, wall street journal, WallStreetJournal, wsj
Walmart's New Health Food Push: Is It Too Hard to Swallow?
Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
