Newspaper wrap-up 6-08-07: NBC to play live ads
Posted Jun 8th 2007 9:30AM by Eric Buscemi
Filed under: Newspapers, Magazines, Internet, General Electric (GE)
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MAJOR PAPERS:
- Barron's Online's (subscription required) "Weekday Trader" wrote that NYC tax medallion financier and owner Medallion Financial Corp (NASDAQ: TAXI) is a play on the rising value of the New York City's taxi medallions, currently worth $600K each.
- The Wall Street Journal (subscription required) reported that General Electric Company's (NYSE: GE) NBC next week will use a 1950s standard, live advertisements, to keep viewers watching commercials in the age of digital video recorders.
OTHER PAPERS:
- Whirlpool Corporation (NYSE: WHR) will cut over 700 jobs at two Tennessee plants, reported the Associated Press.
- The U.K. Times has learned that food service company Sysco Corporation (NYSE: SYY) will bid for British food company Brake Bros, which has also drawn interest from Archie Norman and Blackstone.
- From BusinessWeek's "Inside Wall Street" section:
Tags: ap, associated press, AssociatedPress, barron's, barrons, brake bros, BrakeBros, business week, BusinessWeek, ge, general electric, GeneralElectric, inside wall street, InsideWallStreet, london times, LondonTimes, mcf corp, McfCorp, medallion, mem, national bank of greece, NationalBankOfGreece, nbc, nbg, newspaper, paper, si, siemens, sysco, syy, taxi, u.k. times, U.k.Times, uk times, UkTimes, wall street journal, WallStreetJournal, weekday trader, WeekdayTrader, whirlpool, whr, wsj
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