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Newspaper wrap-up 2-20-07: DaimlerChrysler unit to be auctioned

Posted Feb 20th 2007 9:33AM by Eric BuscemiEric Buscemi RSS Feed
Filed under: Newspapers, Magazines, Internet, Daimler (DAI), Viacom (VIA), Anheuser-Busch InBev (BUD)


MAJOR PAPERS:

  • According to the Wall Street Journal (subscription required), Viacom (NYSE: VIA) may announce a licensing deal with new Internet service Joost.
  • Also in this morning's Journal, Airbus owner EADS surprised investors and employees yesterday by postponing a long-awaited announcement of Airbus's big makeover plan, called Power8.
  • And in more airline news in the Journal, JetBlue (NASDAQ: JBLU) is planning to overhaul its procedures after a storm caused the company to cancel a thousand flights and strand thousands of travelers.
  • According to the Financial Times (subscription required), rumors have spread that Anheuser-Busch (NYSE: BUD) and InBev are in serious talks.

OTHER PAPERS:

  • The Sunday Edition of the U.K. Times reported that JP Morgan (NYSE: JPM) will formally kick off a GBP 7B auction of DaimlerChrysler's (NYSE: DCX) Chrysler unit as early as this week.
  • According to French paper La Tribune, STMicroelectronics (NYSE: STM) will supply multimedia microprocessors to Nokia (NOK) for its mobile telephones.

Tags: acquisition, airbus, anheuser busch, AnheuserBusch, bud, budweiser, daimler chrysler, DaimlerChrysler, dcx, eads, financial times, FinancialTimes, ft, inbev, jblu, jetblue, joost, jp morgan, jpm, JpMorgan, la tribune, LaTribune, merger, newspaper, nok, nokia, paper, periodical, rumor, stm, STMicroelectronics, talks, uk times, UkTimes, via, via.b, viacom, wall street journal, WallStreetJournal, wsj

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Last updated: February 13, 2012: 01:42 PM

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