Newspaper wrap-up: Gap in talks for franchise in India
Posted Sep 25th 2007 9:24AM by Eric Buscemi
Filed under: Newspapers, Magazines, Microsoft (MSFT), Dell (DELL), Wal-Mart (WMT), General Motors (GM), BP p.l.c. ADS (BP)
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MAJOR PAPERS:
- Barron's Online's "Inside Scoop" column reported that from Sept. 19-21, former Wal-Mart Stores Inc (NYSE: WMT) CEO David Glass grossed more than $13.3M by selling 300K Wal-Mart shares on the open market, according to SEC.
- The UAW walked out on General Motors Corporation (NYSE: GM) yesterday because negotiations stalled when the United Auto Workers said they should get some sort of job guarantees from GM, reported the Wall Street Journal.
- The Financial Times reported that BP's (NYSE: BP) Q3 revenue will be "dreadful" and the company will undergo a far-reaching shakeup, BP CEO Tony Hayward has reportedly told his staff.
OTHER PAPERS:
- Having completed a deal with aQuantive for $6B, Microsoft Corporation (NASDAQ: MSFT) wants to make one more deal this year. The question the New York Post asks is, will it be with Facebook or Yahoo Inc (NASDAQ: YHOO)?
- The Economic Times reported that Reliance Retail is in talks with the Gap Inc (NYSE: GPS) for a franchisee arrangement for Reliance Retail's apparel business.
WEBSITES:
Tags: adage.com, barron's, barrons, bp, dell, economic times, EconomicTimes, financial times, FinancialTimes, ft, gap, general motors, GeneralMotors, gm, gps, inside scoop, InsideScoop, interpublic group, InterpublicGroup, ipg, microsoft, msft, newspaper, ny post, NyPost, paper, periodical, wal-mart, wall street journal, WallStreetJournal, wmt, wpp group, WppGroup, wppgy, wsj, yahoo, yhoo
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Reader Comments (Page 1 of 1)
9-25-2007 @ 1:20PM
sandra said...
I cannot allow the comment of "our soldiers dying in the battlefields while we make "30 dollars an hour"to go unanswered. We are soldiers. We are fighting to keep the middleclass, union or non-union from being outsourced out of existence. Both are under attack. Unions helped to create the middleclass by forcing companies to pay workers a livable wage. Many gave up their lives in doing so. Not only are non-union jobs being outsourced at warp speed, so are highly technical jobs that are crucial to the security and future of our country. The UAW did not create the economic difficulties GM now faces. Poor political and executive decisions did. Now we must all suffer the consequences. In closing, there are countless GM salary as well as UAW members fighting side by side in Iraq as well as having fought in Vietnam. We are Americans first. We are responders to 911. We are church goers. We are police officers, teachers, firemen, postal workers, and soldiers; and just as in any other group of people, all of us are not saints; but we are all union.