Coverage: Senators urge blocking Comcast-TWC merger
Comcast’s proposed takeover of Time Warner Cable might be in danger. Because the deal has to pass two different regulatory agencies, it could be harder for the company to win over regulators. And now politicians are weighing in against the merger, making it even more complicated. The New York Times had this story by Emily […]
Coverage: IBM earnings beat expectations
IBM earnings seem to be turning the corner. The company beat analysts’ expectations as new lines of business contributed to the bottom line. Investors have been patient about the turnaround, but is this enough? Alex Barinka had these details in a story for Bloomberg: IBM’s first-quarter earnings beat analysts’ estimates that were already significantly lowered, […]
Coverage: Customers overwhelm Target web site
Apparently flowers are in demand. Customers looking to buy luxury brand Lilly Pulitzer’s Target collection overwhelmed the web site on Sunday as they tried to get a piece of action. The Wall Street Journal had these details in the story by Paul Ziobro: Target Corp.’s website went down Sunday morning, overwhelmed by shoppers clamoring for a […]
Coverage: Yahoo and Microsoft alter search
Yahoo is looking to be the innovator in search, and to do so it’s combining forces with Microsoft. The companies have renegotiated the terms of their search deal and plan to combine sales forces to better serve clients. Vindu Goel had this story for The New York Times: Marissa Mayer has finally gotten what she’s wanted […]
Coverage: China’s growth slowest in six years
China, the world’s biggest economic engine, is slowing down. After posting the slowest growth in six years, many are watching to see what if the government will do anything to stimulate it. The New York Times had this story by Neil Gough saying that interest rates cuts are likely on the table: China’s leaders are […]
Coverage: Nokia in talks to buy Alcatel-Lucent
Nokia is looking for a change, and it’s turning to Alcatel-Lucent to provide it. If the deal goes through, Nokia would be poised to be one of the biggest telecommunications companies in the world. The Wall Street Journal story by Juhana Rossi had these details about the deal: Nokia Corp. has emerged as the possible engine behind […]
Coverage: Qualcomm under fire
Activist investors are targeting Qualcomm Inc.’s chipset business, agitating for the company to spin it off. While the moves might make some of the company’s largest shareholders happy, the market wasn’t particularly enamored with the plan. Bloomberg’s Beth Jinks and Ian King had these details about the investor up-rising: Qualcomm Inc. should consider spinning off […]
Coverage: Blackstone flexes muscle on GE deal
Blackstone is making its move. As many others in financial services regroup and downsize, the private-equity giant is making a big move in real estate. The announcement last week that they would buy GE’s real estate portfolio cemented them as one of the largest players in the market. Landon Thomas, Jr. had this follow-up story […]
Coverage: GE selling real estate holdings
General Electric Co. is close to selling its $30 billion real estate portfolio to several financial firms. While the details weren’t clear, it’s a big step for the company to move away from finance and refocus on its core manufacturing business. The New York Times story by David Gelles had these details about the sale: […]
Coverage: Fed debates rate hike
Many in the financial world were expecting an interest rate hike in June, but it seems that the Federal Reserve Board may have other plans. The New York Times had this story by Binyamin Appelbaum about what the Fed is thinking about in terms of raising rates: The Federal Reserve is looking increasingly unlikely to […]
