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Newspaper wrap-up 6-12-07: GE will not look to acquire DJ

Posted Jun 12th 2007 9:15AM by Eric Buscemi
Filed under: Newspapers, Magazines, Internet, Microsoft (MSFT), General Electric (GE), Time Warner (TWX), Wal-Mart (WMT), Target Corp. (TGT), Sony Corp ADR (SNE), Goldman Sachs Group (GS), News Corp'B' (NWS), Dow Jones and Co (DJ), RadioShack Corp (RSH)

MAJOR PAPERS:

Barron's Online's (subscription required) "Inside Scoop" column reported that Goldman Sachs Group (NYSE: GS) has raised its stake in RadioShack Corporation (NYSE: RSH), and now owns 12.6% of the company.
The Wall Street Journal (subscription required) reported that Time Warner Inc's (NYSE: TWX) Warner Bros. is planning to release movies to video-on-demand services at the same time as the DVD launch to see if they can expand one distribution pipeline without harming another.
The Financial Times (subscription required) reported that General Electric Company (NYSE: GE) is not seeking to acquire Dow Jones and Company Inc (NYSE: DJ), after the collapse of talks between GE's NBC television network and Microsoft Corporation (NASDAQ: MSFT) regarding the possibility of a joint bid for Dow Jones.

OTHER PAPERS:

Fidelity Investments, which was the third-largest shareholder in Dow Jones, has sold almost all its shares in the company, which is the target of a $5B takeover by News Corporation (NYSE: NWS), reported the New York Post.

WEBSITES:

CNet.com reported that Sony Corporation (NYSE: SNE) will begin selling a line of televisions specifically for Wal-Mart Stores Inc (NYSE: WMT), Target Corporation (NYSE: TGT) and other discount retail chains.

Tags: barron's, barrons, cnet, cnet.com, dj, dow jones, DowJones, fidelity, financial times, FinancialTimes, ft, ge, general electric, GeneralElectric, goldman sachs, GoldmanSachs, gs, microsoft, msft, nbc, new york post, news corp, NewsCorp, newspaper, NewYorkPost, nws, nws.a, ny post, NyPost, paper, periodical, radio shack, RadioShack, rsh, sne, sony, target, tgt, time warner, TimeWarner, twx, wal-mart, wall street journal, WallStreetJournal, wmt, wsj

Indexes	Change	Price
DJIA	-89.23	12,801.23
NASDAQ	-23.35	2,903.88
S&P 500	-9.31	1,342.64

Last updated: February 12, 2012: 04:02 PM

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