According to Reuters, the board of Dow Jones (DJ) has approved a $5 billion offer from News Corp (NWS).
Reuters writes that British Imperial Tobacco has agreed to buy rival firm Altadis for $22 billion including debt.
Reuters also reports that strong earnings at Intel (INTC) were hurt by a drop in margins.
Reuters reports that Yahoo! (YHOO) reported lower earnings and gave a weak forecast.
Reuters also reports that RIMM (RIMM) will launch a Blackberry that works on cellular and WiFi.
Reuters also writes that Warner Music (WMG) has overtaken rival EMI in market share.
The Wall Street Journal writes that two Bear Stearn (BSC) hedge funds have no value due to the damage in the sub-prime lending sector.
The Wall Street Journal writes that Starbucks (SBUX) has named a COO.
The New York Times writes that Warner Music WMG) will not bid for EMI
The FT writes that Chrysler’s buy-out faces a rise in costs.
Barron’s writes that 3Com (COMS) has been approached by private equity firms.
Douglas A. McIntyre
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
