Newspaper wrap-up: Microsoft's Halo 3 sets record
Posted Sep 27th 2007 9:00AM by Eric Buscemi
Filed under: Newspapers, Magazines, Google (GOOG), Microsoft (MSFT), IndyMac Bancorp (IMB)
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MAJOR PAPERS:
- In December, Siemens AG (NYSE: SI) disclosed questionable transactions in its telecom and power generation businesses totaling about $600M. Now that figure is estimated to be about four times that, according to the Wall Street Journal.
- Microsoft Corporation's (NASDAQ: MSFT) new video game Halo 3 has generated about $170M in sales on the first day, according to the Wall Street Journal, setting a new record in the games industry.
- Hedge fund Citadel Investment has disclosed it now owns 2.6M shares of Zale Corporation (NYSE: ZLC) for a 5.3 % stake in the company, or more than three times Citadel's position when it was last disclosed on June 30, reported Barron's Online's "Inside Scoop" column.
- The Financial Times reported that Google Inc (NASDAQ: GOOG) is planning to expand it's staff by 33%, with most of the hiring in Europe.
OTHER PAPERS:
WEBSITES:
- According to multiple sources, IndyMac Bancorp (NYSE: IMB) has started downsizing its mortgage operations by offering voluntary severance packages to an undisclosed number of employees, reported TheTruthAboutMortgage.com.
Tags: barron's, barrons, financial times, FinancialTimes, ft, goog, google, imb, indymac, mdt, medtronic, microsoft, msft, new york times, newspaper, NewYorkTimes, ny times, NyTimes, paper, periodical, si, siemens, wall street journal, WallStreetJournal, wsj, zale, zlc
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