mills posts
FeedPosted Feb 5th 2007 9:20AM by Eric Buscemi (RSS feed)
Filed under: Newspapers, Magazines, Dell (DELL), General Electric (GE), Daimler (DAI), China
MAJOR PAPERS:
- The Wall Street Journal reported that the expiration of Roche Holding's (OTC: RHHBY) Tamiflu stockpiles poses a dilemma for some poor Asian countries of whether to spend millions and restock with the drug.
- The Financial Times wrote that China has launched its first navigation satellite.
OTHER PAPERS:
- The Associated Press reported that Michael Dell outlined corporate changes in a company wide email, and said he will "quash" bonuses for 2006, reduce managers, would not hire a new COO, push for faster product development and expand into new businesses at Dell Inc (NASDAQ: DELL).
- The New York Times reported that Simon Property Group is expected to bid $1.56B for Mills Corp (NYSE: MLS).
- The Los Angeles Times reported that General Electric Company's (NYSE: GE) NBC Universal will name Jeff Zucker as its new CEO this week.
- According to the Detroit Free Press, DaimlerChrysler AG's (NYSE: DCX) Chrysler Group may cut up to 10,000 jobs next week.