Newspaper wrap-up 6-28-07: Ford launching incentive program
Posted Jun 28th 2007 9:15AM by Eric Buscemi
Filed under: Newspapers, Magazines, Wal-Mart (WMT), Ford Motor (F), Bear Stearns Cos (BSC)
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MAJOR PAPERS:
- Carl Icahn has predicted that the private equity market has peaked at the Wall Street Journal's Deal and Deal Makers Conference, reported the Wall Street Journal.
- Imperial Tobacco Group plc (NYSE: ITY) and CVC Capital Partners, a private equity firm, are both looking at Altadis, the leading maker of cigarettes in Spain and France, with a final price of over $17B expected, reported the Wall Street Journal.
OTHER PAPERS:
- Ford Motor Company (NYSE: F) is set to launch a new national incentive program today featuring no-interest financing for 36 months on all 2007 Ford, Lincoln and Mercury vehicles, signalling pressure for the company to sell vehicles, reported the Detroit Free Press.
- Bear Stearns Companies Inc (NYSE: BSC) has appointed Tom Marano, a leading executive and highly regarded mortgage-bond trader, to oversee the bailout of its hedge fund collapse, reported the New York Post.
- Bharti and Wal-Mart Stores Inc (NYSE: WMT) appear to be close to finally sealing a partnership, reported the Economic Times.
Tags: Altadis, Bear Stearns, BearStearns, Bharti, BSC, Carl Icahn, CarlIcahn, CVC Capital, CvcCapital, F, Ford, Ford Motor, FordMotor, hedge fund, HedgeFund, Icahn, Imperial Tobacco, ImperialTobacco, ITY, Lincoln, Mercury, partnership, private equity, PrivateEquity, Wal Mart, Wal-Mart, WalMart, WMT
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