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The head of the CBSNews.com division of CBS (CBS) is leaving to become CEO of big news and comment blog Huffington Post. Huffington has 3.5 million unique visitors per month and is listed as the...
The management at CBS (CBS) have finally caught on that most people do not want to watch feature length video content on PCs. The screens are small and sound systems weak. Old people like their TVs...
According to Reuters, Goldman Sachs (GS) offered $1.5 billion for reinsurance broker Benfield Reuters writes that Alan Greenspan thinks the chance of a US recession is still below 50/50. Reuters...
According to Reuters, GM (GM) and the UAW have broken off talks and will resume them late Monday. Reuters writes that Nokia (NOK) said on Monday it had agreed to buy privately held U.S. mobile...
According to Reuters, Lehman Brothers (LEH) and National City are cutting 2,150 mortgage jobs. Reuters writes that more PC game players are beginning to use notebooks as their processing power...
NBC has told Apple (AAPL) that it will not renew its long-term deal with the iTunes store. The GE (GE) unit is "the No. 1 supplier of digital video to Apple’s online store, accounting for about 40...
Below are short interest figures for major companies traded on the NYSE as of August 15 compared to July 13, 2007 Largest Short Positions Ford  (F)                            ...
Late word is the Don Imus has settled things with CBS (CBS). He had a $40 million contract with the company when he was dismissed for unfortunate remarks on his radio show which also aired on MSNBC....
According To Reuters, News Corp (NWS) agreed to buy Dow Jones (DJ) for $5.6 billion Reuters reports Sanofi-Aventis profits were hit by cometition from generics. According to The Wall Street...
A look at traffic patterns for online news sites indicates that there is a decline in consumers using the internet as a source of mainstream news. Using information from website tracking service...
CBS (CBS) revenues of $3.4 billion for the second quarter of 2007 decreased 3% from $3.5 billion for the same quarter last year. Operating income before depreciation and amortization ("OIBDA") of...
Below are key short interest statistics for July. The figures are as of July 13 compared to June 15, 2007 Largest Short Positions Company                                     ...
According to Reuters, Energizer (ENR) will buy Playtex (PYX) for just under $1.2 billion. Reuters writes that GE (GE) plans to sell its WMC mortage unit. Reuters reports that Boeing’s (BA) orders...