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Newspaper wrap-up 7-03-07: News Corp buys two papers

MAJOR PAPERS:
  • Bear Stearns Companies Inc (NYSE: BSC) will reinforce the risk controls in its money management unit following the meltdown of two of its internal hedge funds tied to subprime loans, reported the Wall Street Journal.
  • According to the Wall Street Journal, Nokia Siemens Networks, a joint venture between Nokia Corporation (NYSE: NOK) and Siemens AG (NYSE: SI), will invest about $100M in India over the next three years.
  • Consumers are going to buy many more large liquid crystal display, or LCD, flat screen TVs than large plasma flat screen TVs, reported the Financial Times.
OTHER PAPERS:

Symbol Lookup
IndexesChangePrice
DJIA-154.4810,309.92
NASDAQ-37.612,138.44
S&P 500-24.601,086.03

Last updated: November 27, 2009: 04:14 PM

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