According to Reuters, Citigroup (C) named a new CFO, the current chief financial officer of American Express.
Reuters writes that GlaxoSmithKiine (GSK) plans to revitalize its cancer drug research beginning with the launch of a new breast cancer drug in the US.
The Wall Street Journal writes that Boeing (BA) will offer antijamming technology on some of its satellites in a move to thwart potential terrorist activity.
The Wall Street Journal reports that Station Casino (STN) has accepted a bid from its founding family and other investors.
The Wall Street Journal also reports that, with buyout bids low, The Tribune Company (TRB) will attempt to restructure itself to raise shareholder value.
The WSJ writes that Ericsson (ERIC) has offered $1.39 billion for television equipment company Tandberg.
The New York Times reports that Google (GOOG) is working with several media companies including Dow Jones (DJ) and Conde Naste to syndicate their video content onto websites with relevant content.
The New York Times reports that Sirius (SIRI) may begin to offer video streaming to its devices as a way to improve its offering to customers.
The New York Times writes that some of Hollywood’s largest studios are going into business with peer-to-peer company BitTorrent which has been the source of a great deal of video piracy.
The NYT reports that Yahoo! (YHOO) and Google (GOOG) are facing a threat in the contextual ad link business from a small firm called Quigo.
FT reports that DaimlerChrysler (DCX) is considering taking an equity position in GM (GM) if the large US company buys its Chrysler unit.
FT reports that GE (GE) will begin a new effort to pitch large investors on the quality of its earnings.
Barron’s reports that advertisers are beginning to move their focus from the 25 to 49 year old demographic to older adults.
Douglas A. McIntyre
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