Newspaper wrap-up: Madonna headed to Live Nation
Posted Oct 11th 2007 9:15AM by Eric Buscemi
Filed under: Newspapers, Magazines, General Electric (GE), BP p.l.c. ADS (BP), Progressive Corp,Ohio (PGR)
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MAJOR PAPERS:
- Madonna, the original material girl, is signing a 10-year $120M deal with concert promoter Live Nation (NYSE: LYV), leaving Warner Music Group (NYSE: WMG) in her wake, reported the Wall Street Journal.
- According to the Wall Street Journal's "Heard on the Street" column, Progressive Corporation (NYSE: PGR) is struggling due to competitors' pricing, safer cars, and a struggling economy, to name a few factors.
- The Financial Times reported that General Electric Company (NYSE: GE) will decide whether to sell its 80% stake in NBC Universal after the Beijing Olympics in August 2008, according to sources.
- Tenaris (NYSE: TS), the maker of steel pipes for oil and gas exploration, has ruled out any possible sale of itself to ArcelorMittal (NYSE: MT) , the world's biggest steel producer, reported the Financial Times.
OTHER PAPERS:
- The New York Post reported that UBS AG (NYSE: UBS) has fired David Martin, its head of interest-rate trading, and James Stehli, the head of its collateralized debt obligation unit, due to the fallout from the mortgage meltdown.
- BP PLC (NYSE: BP) CEO Tony Hayward will today unveil plans to reduce bureaucracy and duplication of management at the oil giant, reported the Telegraph.
Tags: arcelormittal, bp, financial times, FinancialTimes, ft, ge, general electric, GeneralElectric, live nation, LiveNation, lyv, madonna, mt, nbc, newspaper, ny post, NyPost, olympics, paper, periodical, pgr, progressive, telegraph, tenaris, ts, ubs, wall street journal, WallStreetJournal, warner music group, WarnerMusicGroup, wmg, wsj
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Reader Comments (Page 1 of 1)
10-11-2007 @ 10:53AM
Steve said...
And we give a rat's *ss about this slut for what reason? As someone who has grown up in Michigan and had to hear about Madonnas every move for the past 20 odd years, please Madonna do us all a favor in Michigan, just disappear. It would be so much nicer without this biatch in the news.