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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Newspaper wrap-up: Wall Street firms subpoenaed by SEC]]></title><link>http://www.bloggingstocks.com/2008/07/16/newspaper-wrap-up-wall-street-firms-subpoenaed-by-sec/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/07/16/newspaper-wrap-up-wall-street-firms-subpoenaed-by-sec/</guid><comments>http://www.bloggingstocks.com/2008/07/16/newspaper-wrap-up-wall-street-firms-subpoenaed-by-sec/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/newspapers/" rel="tag">Newspapers</a>, <a href="http://www.bloggingstocks.com/category/magazines/" rel="tag">Magazines</a>, <a href="http://www.bloggingstocks.com/category/intc/" rel="tag">Intel (INTC)</a>, <a href="http://www.bloggingstocks.com/category/amd/" rel="tag">Advanced Micro Dev (AMD)</a>, <a href="http://www.bloggingstocks.com/category/mer/" rel="tag">Merrill Lynch (MER)</a>, <a href="http://www.bloggingstocks.com/category/fnm/" rel="tag">Federal Natl Mtge (FNM)</a>, <a href="http://www.bloggingstocks.com/category/gs/" rel="tag">Goldman Sachs Group (GS)</a>, <a href="http://www.bloggingstocks.com/category/nws/" rel="tag">News Corp'B' (NWS)</a>, <a href="http://www.bloggingstocks.com/category/leh/" rel="tag">Lehman Br Holdings (LEH)</a></p><strong><a href="http://www.theflyonthewall.com/splashPage.php?source=AOL"><img vspace="4" hspace="4" border="1" align="right" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/07/fly-logo-(aol).gif"  alt="" /></a>MAJOR PAPERS:</strong><br />
<ul>
    <li>People familiar with the issue said that European regulators are gearing up to file new antitrust charges against <a href="http://finance.aol.com/quotes/intel-corporation/intc/nas">Intel Corporation</a> (NASDAQ: <a href="http://finance.aol.com/quotes/intel-corporation/intc/nas">INTC</a>). The charges, the <a href="http://online.wsj.com/article/SB121617136257356471.html?mod=hps_us_whats_news"><em>Wall Street Journal</em></a> reported, would allege Intel gave major European retailers an incentive not to sell computers that use <a href="http://finance.aol.com/quotes/advanced-micro-devices-inc/amd/nys">Advanced Micro Devices Inc</a> (NYSE: <a href="http://finance.aol.com/quotes/advanced-micro-devices-inc/amd/nys">AMD</a>) chips.</li>
</ul>
<strong>OTHER PAPERS:</strong><br />
<ul>
    <li>The <a href="http://www.nytimes.com/2008/07/16/business/media/16paper.html?_r=2&amp;hp&amp;oref=slogin&amp;oref=slogin"><em>New York Times</em></a> reported that <a href="http://finance.aol.com/quotes/news-corporation/nws/nys">News Corporation's</a> (NYSE: <a href="http://finance.aol.com/quotes/news-corporation/nws/nys">NWS</a>) New York Post and The Daily News, owned by Mortimer Zuckerman, are exploring a print pact and have been in talks to find ways to combine some business functions of the papers, according to people briefed on the matter.</li>
    <li>According to sources, the <em><a href="http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2008/07/14/daily37.html?jst=b_ln_hl">San Francisco Business Times</a></em> reported  that <a href="http://finance.aol.com/quotes/washington-mutual-incorporated/wm/nys">Washington Mutual Incorporated</a> (NYSE: <a href="http://finance.aol.com/quotes/washington-mutual-incorporated/wm/nys">WM</a>) may be planning more layoffs in September. It is unclear how many employees will be affected and from which departments.</li>
</ul>
<strong>WEB SITES:</strong><br />
<ul>
    <li>In an effort to preserve capital, data compiled by <a href="http://www.bloomberg.com/apps/news?pid=20601087&amp;sid=axncbmTjENtY&amp;refer=home"><em>Bloomberg</em></a> showed that troubled mortgage companies <a href="http://finance.aol.com/quotes/federal-national-mortgage-association/fnm/nys">Federal National Mortgage Association</a> (NYSE: <a href="http://finance.aol.com/quotes/federal-national-mortgage-association/fnm/nys">FNM</a>), or Fannie Mae, and <a href="http://finance.aol.com/quotes/federal-home-loan-mortgage-corporation/fre/nys">Federal Home Loan Mortgage Corporation</a> (NYSE: <a href="http://finance.aol.com/quotes/federal-home-loan-mortgage-corporation/fre/nys">FRE</a>), or Freddie Mac, may cut dividends after more than $11B in combined losses since last year.</li>
    <li>Three people familiar with the matter said that the SEC subpoenaed Wall Street investment banks including<a href="http://finance.aol.com/quotes/the-goldman-sachs-group-inc/gs/nys"> The Goldman Sachs Group Inc</a> (NYSE: <a href="http://finance.aol.com/quotes/the-goldman-sachs-group-inc/gs/nys">GS</a>), <a href="http://finance.aol.com/quotes/deutsche-bank-ag-germany/db/nys">Deutsche Bank AG</a> (NYSE: <a href="http://finance.aol.com/quotes/deutsche-bank-ag-germany/db/nys">DB</a>) and <a href="http://finance.aol.com/quotes/merrill-lynch-and-co-inc/mer/nys">Merrill Lynch &amp; Co Inc</a> (NYSE: <a href="http://finance.aol.com/quotes/merrill-lynch-and-co-inc/mer/nys">MER</a>) in its hunt and crack down on suspected manipulation of Bear Stearns and <a href="http://finance.aol.com/quotes/lehman-brothers-holdings-inc/leh/nys">Lehman Brothers Holdings Inc</a> (NYSE: <a href="http://finance.aol.com/quotes/lehman-brothers-holdings-inc/leh/nys">LEH</a>) shares. <a href="http://www.bloomberg.com/apps/news?pid=20601087&amp;sid=ansrs4i.J_Ek&amp;refer=home"><em>Bloomberg</em></a> reported that two of the people said the SEC, which yesterday curtailed short selling in financial stocks, is looking for e-mails and trading records and is also examining whether securities firms have "adequate controls" to deal properly with misconduct.</li>
</ul><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/07/16/newspaper-wrap-up-wall-street-firms-subpoenaed-by-sec/">Newspaper wrap-up: Wall Street firms subpoenaed by SEC</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Wed, 16 Jul 2008 08:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2008/07/16/newspaper-wrap-up-wall-street-firms-subpoenaed-by-sec/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1257552/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/07/16/newspaper-wrap-up-wall-street-firms-subpoenaed-by-sec/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Advanced Micro</category><category>Advanced Micro Devices</category><category>AdvancedMicro</category><category>AdvancedMicroDevices</category><category>AMD</category><category>Bear Stearns</category><category>BearStearns</category><category>Daily News</category><category>DailyNews</category><category>DB</category><category>Deutsche Bank</category><category>DeutscheBank</category><category>dividends</category><category>Fannie Mae</category><category>FannieMae</category><category>FNM</category><category>FRE</category><category>Freddie Mac</category><category>FreddieMac</category><category>Goldman Sachs</category><category>GoldmanSachs</category><category>GS</category><category>INTC</category><category>Intel</category><category>LEH</category><category>Lehman</category><category>Lehman Brothers</category><category>LehmanBrothers</category><category>MER</category><category>Merrill Lynch</category><category>MerrillLynch</category><category>Mort Zuckerman</category><category>MortZuckerman</category><category>New York Post</category><category>News Corp</category><category>NewsCorp</category><category>NewYorkPost</category><category>NWS</category><category>NWS.A</category><category>regulators</category><category>Ruprt Murdoch</category><category>RuprtMurdoch</category><category>SEC</category><category>Subpoena</category><category>Washington Mutual</category><category>WashingtonMutual</category><category>WM</category><dc:creator><![CDATA[Laurie Pasternack]]></dc:creator><pubDate>Wed, 16 Jul 2008 08:00:00 EST</pubDate></item><item><title><![CDATA[Media World: Cablevision's (CVC) purchase of Newsday makes little sense]]></title><link>http://www.bloggingstocks.com/2008/05/12/media-world-cablevisions-cvc-purchase-of-newsday-makes-littl/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/05/12/media-world-cablevisions-cvc-purchase-of-newsday-makes-littl/</guid><comments>http://www.bloggingstocks.com/2008/05/12/media-world-cablevisions-cvc-purchase-of-newsday-makes-littl/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/newspapers/" rel="tag">Newspapers</a>, <a href="http://www.bloggingstocks.com/category/competitive-strategy/" rel="tag">Competitive Strategy</a>, <a href="http://www.bloggingstocks.com/category/marketing-and-advertising/" rel="tag">Marketing and Advertising</a>, <a href="http://www.bloggingstocks.com/category/nws/" rel="tag">News Corp'B' (NWS)</a>, <a href="http://www.bloggingstocks.com/category/media-world/" rel="tag">Media World</a></p><img vspace="4" hspace="4" border="1" align="right" alt="" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/05/cablevisionlogo.jpg" />Shareholders of <a href="http://finance.aol.com/quotes/cablevision-systems-corporation/cvc/nys">Cablevision Systems Corp.</a> (NYSE: <a href="http://finance.aol.com/quotes/cablevision-systems-corporation/cvc/nys">CVC</a>) must be scratching their heads over the company's <a href="http://money.aol.com/news/articles/_a/cablevision-buys-newsday-from-tribune/n20080512084809990019">$650 million purchase of Newsday</a> from Tribune Co., the latest in a long series of baffling moves by the Dolan family, which controls the New York-based cable company.<br /><br />The theory -- if you want to call it that -- is that Cablevision would be able to market the newspaper to its customers and that the company would be able to add additional content to its cable news channel. This makes no sense. People have stopped reading newspapers in droves. The only way that they would even consider subscribing is if Cablevision practically gave the newspaper away. Newsday could have struck an alliance with the cable channel to share content without the paper changing hands; these sort of deals happen all of the time.<br /><br />Maybe advertisers will be more interested in Newsday now that Cablevision will be able to bundle ad space in the paper and its website along with cable commercial time. The problem, though, is that residents in Long Island have a plethora of media choices including the <em>New York Times</em>, <em>New York Daily News</em> and <em>The New York Post</em>. Like the readers, the only way that advertisers that aren't in the newspaper now would consider doing business with Newsday would be with steep discounts.<p><a href="http://www.bloggingstocks.com/2008/05/12/media-world-cablevisions-cvc-purchase-of-newsday-makes-littl/" rel="bookmark">Continue reading <em>Media World: Cablevision's (CVC) purchase of Newsday makes little sense</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/05/12/media-world-cablevisions-cvc-purchase-of-newsday-makes-littl/">Media World: Cablevision's (CVC) purchase of Newsday makes little sense</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Mon, 12 May 2008 11:24:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://money.aol.com/news/articles/_a/cablevision-buys-newsday-from-tribune/n20080512084809990019>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/05/12/media-world-cablevisions-cvc-purchase-of-newsday-makes-littl/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1192903/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/05/12/media-world-cablevisions-cvc-purchase-of-newsday-makes-littl/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Cablevision</category><category>CVC</category><category>featured</category><category>Media</category><category>Mort Zuckerman</category><category>MortZuckerman</category><category>New York Daily News</category><category>New York Post</category><category>New York Times</category><category>Newspapers</category><category>NewYorkDailyNews</category><category>NewYorkPost</category><category>NewYorkTimes</category><category>Rupert Murdoch</category><category>RupertMurdoch</category><dc:creator><![CDATA[Jonathan Berr]]></dc:creator><pubDate>Mon, 12 May 2008 11:24:00 EST</pubDate></item><item><title><![CDATA[Energy to burn]]></title><link>http://www.bloggingstocks.com/2007/04/02/energy-to-burn/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2007/04/02/energy-to-burn/</guid><comments>http://www.bloggingstocks.com/2007/04/02/energy-to-burn/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/magazines/" rel="tag">Magazines</a>, <a href="http://www.bloggingstocks.com/category/commodities/" rel="tag">Commodities</a>, <a href="http://www.bloggingstocks.com/category/oil/" rel="tag">Oil</a></p><a href="http://www.theflyonthewall.com/splashPage.php?source=AOL"><img vspace="4" hspace="4" border="1" align="right" alt="" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2007/04/fly-logo-(aol).gif" /></a>Mort Zuckerman, US News &amp; World Reports editor-in-chief, <a href="http://www.usnews.com/usnews/opinion/articles/070318/26edit.htm">editorialized this week</a> about the United States' energy policy, or lack thereof.<br /><br />Some interesting stats:<br />
<ul>
    <li>During the last 35 years, oil imports have gone from 35% to 60% of our consumption</li>
    <li>Since 1988, automobile fuel efficiency has dropped</li>
    <li>China is firing up a new big coal-fuel generating plant every few days</li>
    <li>By 2030, China will have built 2,200 coal-fueled plants</li>
    <li>If China and India consume as much per capita quantities of oil as a wealthy country like Japan, which consumes half that of the US on a per-capita basis, global oil demand will increase from 85 million barrels per day to 170 million barrels per day. </li>
</ul>
These are big numbers. The reality is, the U.S. consumer is due for a big wake up call. The long term supply and demand balances for oil, natural gas, ethanol, nuclear and coal--or any energy choice -- point to a rocky road ahead.<br /><br />What to do about this? Invest in it. We have cautioned since the Spring--and rightly so--to stay away from commodity shares. However, it is time to start looking at these companies again.<br /><br />One stock in particular that is looking more attractive is Nabor Industries Limited (NYSE: <a href="http://finance.aol.com/quotes/nabors-industries-limited-ne/nbr/nys">NBR</a>) which has corrected from $40 to $29.60. Management is supposedly getting restless about its current valuation and might be looking at a recap.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2007/04/02/energy-to-burn/">Energy to burn</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Mon, 02 Apr 2007 13:14:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2007/04/02/energy-to-burn/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/865477/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/04/02/energy-to-burn/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>mort zuckerman</category><category>MortZuckerman</category><category>oil</category><category>us news and world</category><category>UsNewsAndWorld</category><dc:creator><![CDATA[Eric Buscemi]]></dc:creator><pubDate>Mon, 02 Apr 2007 13:14:00 EST</pubDate></item></channel></rss>
