Time Warner would hand over AOL's advertising business to Yahoo! in exchange for a stake in the combined company, according to a report.
Results 1 - 10 of 483 for "MBI"
Isuzu Motors Ltd. and Mazda Motor Corp. announce layoffs Thursday, amounting to a combined 2,700 seasonal workers as the automakers curtails production amid weaker demand, according to a media report.
WASHINGTON (Reuters) - Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.
We are cutting our rating on Banco Santander Central Hispano, S.A. (STD) to Sell from Buy following the recent surprise announcement of a rights offering. On November 10, 2008, Santander stated that they would be issuing 1.599 billion new shares through a rights offering at a price of 4.50 per share for a total capital increase of 7.2 billion. As a result, we are reducing our EPADS estimates $2...
The news of the day was hardly positive, what with poor housing figures, more worries about the automakers, and concern in credit markets, but the late-day implosion probably sparked more than a few corner-office types storming onto the trading floor and shouting to nobody in particular, “What the hell just happened?” The collapse of major financial stocks — Citigroup finishe...
Filed under: Google (GOOG), Marketing and advertising, Procter and Gamble (PG)Maybe it is one of the reasons that Google (NASDAQ: GOOG) and Procter & Gamble (NYSE: PG) are among the best managed companies in America. They will go to almost any legitimate lengths to improve their knowledge of businesses that will help them expand and prosper. P&G would like to know more about how to sell...
For Sun Microsystems (JAVA), it has come down to this: the stock is now trading for the net value of the cash and investments on its balance sheet. As of September 30, the company had $2.63 billion in short-term cash and investments. Add in $490 million in long-term investments, and back out $694 million in long-term debt, and you get net cash of $2.486 billion. JAVA shares today have dropped a...
Filed under: Law, PoliticsThis post is part of a feature in which he wonder whatever happened to some notorious financial felons. See all 17. Boris Abramovich Berezovsky, Russia's first billionaire, now lives in exile in London. "I am really thinking of returning to Russia after Putin collapses," Berezovsky told the BBC earlier this year. Former mathematician turned media tycoon, Berezovsky was...
The Brazilian bruiser may dial back its ambitious development schedule.
Filed under: Consumer experience, Wal-Mart (WMT), Target Corp. (TGT), Best Buy (BBY), Sears Holdings (SHLD), Gap Inc (GPS), Abercrombie and Fitch (ANF)We all know that this Christmas is going to be particularly tough on retailers. Wal-Mart (NYSE: WMT), Target (NYSE: TGT), Sears (NASDAQ: SHLD), and Best Buy (NYSE: BBY), as well as hipper competitors Abercrombie & Fitch (NYSE: ANF) and Gap (N...