According to Reuters, private equity firms are going to start to target big miners like Alcoa (AA).
Reuters writes that Rupert Murdoch’s BSkyB added 90,000 subscribers over the last quarter.
Reuters writes that Genetech (DNA) has formed a partnership with Tercica (TRCA) to make drugs with human growth hormone.
The Wall Street Journal reports that Liz Claiborne (LIZ) plans to divest 16 of its 36 brands.
The Wall Street Journal writes that S&P and Moody’s have downgraded bonds back by sub-prime mortgages.
The Wall Street Journal writes that the issues of GE (GE) investing in sub-prime mortgages could affect its Q2 earnings.
The Wall Street Journal reports that homes build by KB Home (KBH) and partially designed by Martha Stewart are still selling well.
The New York Times writes that Microsoft (MSFT) has set up a partnership wth Walt Disney (DIS) to market films that run on the Xbox.
The FT writes that Microsoft (MSFT) believes that the large number of new game releases will drive up demand for its Xbox Live by 40% over the next year.
The FT reports that Nielsen NetRating will launch a new measurement service based on time spent at websites.
Barron’s reports that Goldman has added Cisco (CSCO) and Intel (INTC) to its Top Five Tech Value Stock list.
Douglas A. McIntyre
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