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CBS (NYSE:CBS) and Sirius XM (NYSE:SIRI) pose the greatest investment risks among media companies based on a forensic measure of their transparency and the statistical reliability of their financial...
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Reuters: The Wall St. insider trading probe lead to another 14 arrests. Reuters: Fannie Mae (NYSE:FNM) lost $19 billion and asked Treasury for money. Reuters: GM is readying its plans for...
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Updated throughout the day. Update 12.05 PM EST: UBS (NYSE:UBS) may spin off PaineWebber (Breakingviews) GMAC has asked the Treasury Department for several billion more dollars in loans....
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Reuters: Goldman Sachs (NYSE:GS) is having trouble justifying its huge bonuses. Reuters: Bruce Wasserstein, M&A giant and head of Lazard (NYSE:LAZ), died. Reuters: Congress will probe...
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One of the leading media investing firms in the US, Gabelli & Co. wants cable outfit Comcast (NASDAQ:CMCSA) to stop its pursuit of GE’s (NYSE:GE) NBCU and turn its focus on better run media...
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GE (GE) won’t sell its NBC Universal division, at least not at the price levels that are being rumored. It is unlikely that in the current economic environment that GE could get more than $30...
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Reuters: China celebrated 60 years of communist rule as a capitalist economy. Reuters: The IMF cut global debt write-offs to $3.4 trillion. Reuters: CIT (CIT) is close to a deal to give...
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Updated regularly throughout the day. Update: Rusal, the world’s biggest aluminum firm, may have an IPO on The Hong Kong exchange. The company is controlled by Russian oligarch Oleg Deripaska and...
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Reuters: Solvay sold its drug unit to Abbott (ABT) foe $6.6 billion. Reuters: Kraft (KFT) will launch a hostile bid for Cadbury. Reuters: The World Bank said not to take the dollar’s...
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Strauss Zelnick, former record exec, and former WSJ publisher Gordon Crovitz will buy BusinessWeek, (MHP) which was yesterday rumored to be closing. (BW) Nokia (NOK) will buy travel social network...
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Microsoft (MSFT) felt compelled to deny a rumor that it would buy Electronic Arts (ERTS) after shares in the game company rose over 7% on speculation of a deal. BusinessWeek had to say that it was...
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Audit Integrity, a research firm, has come out with a list of the large American companies which are most likely to go bankrupt in the next year. The data behind the figures seem valid, but some of...
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MSBNC, operated by the NBCU division of GE (GE) and CBS (CBS) made the mistake of throwing Don Imus off the air in April 2007. He made intemperate and distasteful comments about black women...
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Reuters: UBS (UBS) shares may fall when the Swiss government sells out. Reuters: The US deficit estimate was trimmed to $1.59 trillion. Reuters: A homeowner sued Wells Fargo (WFC) over a...
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These are the top ten brokerage firm analyst upgrades and downgrades we have seen from Wall Street early this Monday morning: BT Group (BT) Raised to Overweight at JPMorgan. Callaway Gold (ELY)...
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