Media

Media Digest 2/12/2008 Reuters, WSJ, NYTimes, FT, Barron's

According to Reuters, Yahoo! (YHOO) rejected Microsoft’s (MST) bid for the company.

Reuters writes that Credit Suisse reduced its write-downs from subprime insrtuments.

Reuters writes that RIM (RIMM) had a huge outage in Blackberry service in North America.

Reuters reports that losses at Wal-Mart’s (WMT) Japan business were double forecasts.

Reuters writes that AIG (AIG) reported a large hold in its valuation of derivatives.

The Wall Street Journal writes that a dispute between IAC (IACI) and Liberty Meda might be resolved by giving Liberty conrol of IACI’s Home Shopping Network.

The Wall Street Journal writes that Sprint (S) might add an activist investor, who has opposed some of the companies moves, to its board.

The Wall Street Journal reports that China imports of coal are raising its price.

The New York Times writes that a large hedge fund, Sailfish Capital, closed and is likely to be followed by several other funds.

The New York Times writes that AT&T (T) will provide wireless internet access to customers at Starbucks (SBUX).

The FT writest that Chinese firm Huawei attacked the US governement for trying to block its bid for 3Com (COMS).

Bloomberg wirtes that the cost of oil rose due to a refinery shutdown and colder weather.

Douglas A. McIntyre

In 20 Years, I Haven’t Seen A Cash Back Card This Good

After two decades of reviewing financial products I haven’t seen anything like this. Credit card companies are at war, handing out free rewards and benefits to win the best customers. 

A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges.

Our top pick today pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous. 

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.