Member 54


Cablevision and Tribune reach deal for Newsday (Reuters)

13-05-2008 05h41
Reuters - Cablevision Systems Corp has sealed a $650 million deal to buy the Long Island daily newspaper Newsday from Tribune Co, but analysts doubt the cable company can achieve cost savings to justify its investment.

HP in talks to buy EDS to compete with IBM (Reuters)

13-05-2008 06h39
Reuters - Hewlett-Packard Co is in talks to buy technology outsourcing company Electronic Data Systems Corp for $12 billion to $13 billion, seeking to better compete with the top computer services company, IBM.

Clear Channel in settlement talks, trial delayed (Reuters)

13-05-2008 06h06
Reuters - Talks are underway to settle a dispute over financing the $20 billion leveraged buyout of U.S. radio operator Clear Channel Communications Inc , the company said in a statement on Monday.

Former AIG chief Greenberg urges annual meeting's delay (Reuters)

13-05-2008 07h29
Reuters - Maurice "Hank" Greenberg, former chief executive of American International Group , has said the insurer is in "crisis" and urged a delay in its annual general meeting scheduled for Wednesday, according to a letter he sent to the board.

JPMorgan may face SEC civil charges (Reuters)

13-05-2008 06h46
Reuters - JPMorgan Chase & Co said on Monday that it received a notice from federal regulators indicating that one of its units may face an enforcement action related to "the bidding of various financial instruments associated with municipal securities."
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