Newspaper wrap-up: Terra Firma interested in Jaguar and Land Rover
Posted Sep 28th 2007 9:20AM by Eric Buscemi
Filed under: Newspapers, Magazines, Yahoo! (YHOO), Cisco Systems (CSCO), Ford Motor (F)
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MAJOR PAPERS:
- It was revealed yesterday that Terra Firma is among the potential bidders for Ford Motor Company's (NYSE: F) Jaguar and Land Rover brands, reported the Financial Times.
- There is a 40% to 45% risk that a recession will be triggered by the housing market downturn in the U.S., the CEO of Freddie Mac (NYSE: FRE) warned, the Financial Times reported.
OTHER PAPERS:
- From BusinessWeek's "Inside Wall Street" column:
- Investors looking for fast growth in the $110 billion business-enterprise telecom market are betting on Time Warner Telecom (NASDAQ: TWTC), which offers broadband connections for data, high-speed Web access, local voice, and long-distance service.
- Plum Creek Timber (NYSE: PCL) is flying high despite the housing slump and market decline driven by the subprime mortgage crisis.
- Universal Electronics Inc (NASDAQ: UEIC), which makes the remote controls for TVs and other appliances, has caught the Street's eye.
WEBSITES:
- Unstrung.com reported that Cisco Systems Inc (NASDAQ: CSCO) is close to buying a WiMax base station company, according to sources, and one possible target is Alvarion (NASDAQ: ALVR).
- Yahoo! (NASDAQ: YHOO) is reportedly going to reduce the amount of money and effort it spends on premium services related to music, games, TV, and movies, reported TechCrunch.com.
Tags: alvarion, alvr, business week, BusinessWeek, cisco, csco, f, financial times, FinancialTimes, ford, fre, freddie mac, FreddieMac, ft, inside wall street, InsideWallStreet, jaguar, land rover, LandRover, newspaper, paper, pcl, periodical, plum creek timber, PlumCreekTimber, techcrunch, terra firma, TerraFirma, time warner telecom, TimeWarnerTelecom, twtc, ueic, universal electronics, UniversalElectronics, unstrung, yahoo, yhoo
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