According to Reuters, the family that controls Dow Jones (DJ) has agreed to talkd with News Corp (NWS) about a possible takeover.
Reuters writes that Dell’s (DELL) earnings were stronger than expected and the the company will cut 10% of its workforce.
The Wall Street Journal reports that the head of Coca-Cola (KO) is trying to jump-start sales by "retooling" some of the company’s bottlers.
The WSJ writes that Mercury Interactive paid $28 million to settle SEC options back-dating problems.
The WSJ reports that Google (GOOG) plans to build software applications for cell phones and also to offer a platform for products from other software developers. The company is essentially building its own operating system for handsets.
The WSJ reports that Hovnanian (HOV) posted a loss as its sales fell The company blamed the housing slump.
The New York Times writes that GE (GE) is developing projects in India so that its sales can keep pace with the country’s growth.
The FT writes that the Intercontinental Exchange signalled that it might make a hostile bid for the CBOT.
Barron’s writes that Credit Suisse thinks that prospects at Alcatel-Lucent (ALU) are improving.
Douglas A. McIntyre