Corus posts
FeedPosted Jan 29th 2007 9:28AM by Eric Buscemi (RSS feed)
Filed under: Newspapers, Magazines, Apple Inc (AAPL), Boeing Co (BA), , , NYSE Euronext (NYX), CVS Corp (CVS), Verizon Communications (VZ), US Airways Group (LCC), News Corp'B' (NWS)
MAJOR PAPERS:
- A full page advertisement by CVS Corporation (NYSE: CVS) in this morning's Wall Street Journal (subscription required) warned Caremark Rx Inc (NYSE: CMX) shareholders that their "[investments] would be at risk" under Express Scripts' (NASDAQ: ESRX) proposal and recommended the CVS/Caremark merger. Also in the Journal:
- The Financial Times (subscription required) featured articles on News Corporation (NYSE: NWS) and Corus Group ADS (NYSE: CGA).
OTHER PAPERS:
- USA Today wrote that two years ago, Verizon Communications' (NYSE: VZ) Verizon Wireless turned down the opportunity to be the exclusive distributor of the iPhone in the U.S. because of Apple Inc's (NASDAQ: AAPL) financial terms and other demands.
- Investor's Business Daily's "New America" column mentioned Universal Stainless & Alloy Products (NASDAQ: USAP) positively, writing that Universal is looking to expand abraod with little foreign competition. The specialty steel products company focuses on the aerospace and power industries and named Boeing Company (NYSE: BA) as a key customer.
Posted Jan 22nd 2007 9:20AM by Eric Buscemi (RSS feed)
Filed under: Newspapers, Magazines, Google (GOOG), Cisco Systems (CSCO), Intel (INTC), Home Depot (HD), Alcoa Inc (AA), Sun Microsystems (JAVA), BP p.l.c. ADS (BP), Under Armour'A' (UA), Dow Chemical (DOW)
MAJOR PAPERS:
- The Wall Street Journal (subscription required)
- Google (NASDAQ: GOOG) may be in talks to acquire the in-game advertising company AdScape Media.
- Home Depot (NYSE: HD) directors are expected to meet with activist investor Ralph Whitworth, who wants the company to spin-off its lower margin supply business to better concentrate on its main stores.
- Sun Microsystems (NASDAQ: SUNW) is expected to announce an agreement with Intel (NASDAQ: INTC) that would involve Sun buying Intel chips for its server systems.
- Barron's Magazine (subscription required)
- Shares of Under Armour (NASDAQ: UARM) may be set to take a tumble and some only believe shares should be trading no higher than $40.
- Shares of Alcoa (NYSE: AA) may be set for another run and John Buckingham of Al Frank Asset Management would buy shares up to $32.41.
- The "Technology Trader" says it may be too early to walk away from shares of Cisco (NASDAQ: CSCO).
- The Financial Times (subscription required) reported that a private equity consortium may be after Dow Chemical (NYSE: DOW).
OTHER PAPERS:
- The U.K. Times reported that Tata Steel and CSN are both expected to raise their bid for Corus (NYSE: CGA).
- The Telegraph reported that BP's (NYSE: BP) exiting CEO Browne, dreamed of merging with Shell (NYSE: RDS.A).
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MAJOR PAPERS:
Before the bell: Futures sharply lower on Dubai's debt problems
Will Rich Ross really have a positive impact on Disney's movie operations?
Consumers sick of recession, may spend extra on holidays
