According to Reuters, Dow Jones (DJ) controlling Bancroft family met to discuss Rupert Murdoch’s bid for the company and should vote later this week.
Reuters writes that revenue and income fell at Texas Instruments (TXN).
Reuters reports that subscribers fell at NetFlix (NFLX) in the most recent quarter and the company moved guidance down.
Reuters also reports that quarterly earnings rose at American Express (AXP).
Reuters also writes that Nissan’s earnings fell on a weaker product mix. The company kept its forecast for the year.
The Wall Street Journal reports that Wall St. firms postponed at $3.1 billion offering for an LBO of GM’s (GM) Allison unit.
The Wall Street Journal writes that BP (BP) posted a slight rise in quarterly profits.
The New York Times writes that Hewlett-Packard (HPQ) has agreed to buy software company Opsware.
FT writes that Expedia (EXPE) had to cut its share buy-back due to poor conditions for raising debt for the offer.
Barron’s writes that Atheros (ATHR) shares fell after that company’s earnings announcement.
Douglas A. McIntyre
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