Archive for July, 2008


Telegraph.co.uk
Yahoo's Yang Has Little to Show Investors After Icahn Truce
Bloomberg - 45 minutes ago
By Crayton Harrison Aug. 1 (Bloomberg) — Yahoo! Inc. Chief Executive Officer Jerry Yang faces shareholders at his first annual meeting today with little progress to report after he spent half of his tenure fighting to retain control of the Internet
Having Won his Board Seats, Icahn Decides To Skip Yahoo Washington Post
Yahoo expected to spar with peeved shareholders The Associated Press
Reuters - CNNMoney.com - USA Today - CNBC
all 354 news articles

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Commercializing the Cloud
New York Times - 3 hours ago
By Steve Lohr Hardly a day goes by, it seems, without some announcement of a new “cloud computing” offering or initiative. And Friday is no exception with IBM declaring it plans to build a $360-million data center in North Carolina and another big one
IBM Invests Nearly $400 Million on Cloud Computing Centers in US MarketWatch
IBM Plans to Build Wall Street Journal
CNNMoney.com - Computerworld - GigaOm - New York Times Blogs
all 29 news articles

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New York Times
Exxon Mobil Profit Record: Investors Unimpressed
BusinessWeek - 1 hour ago
Shares fall 3% even after the oil giant broke its own quarterly profit record. Investors are concerned about future growth` by Steve LeVine Exxon Mobil (XOM) beat its own record for the highest profits ever by a US company, but that wasn't good enough
PRESS DIGEST - Washington Post Business - Aug. 1 Reuters
Output drops hurt profits at 2 oil firms Boston Globe
Los Angeles Times - Boston Herald - Forbes - New York Times
all 1,004 news articles

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Reuters
Bristol-Myers' Big Bet on ImClone
BusinessWeek - 36 minutes ago
by David Bogoslaw by David Bogoslaw Drug giant Bristol-Myers Squibb's (BMY) $4.5 billion offer to acquire the 83% of ImClone Systems (IMCL) it doesn't already own brings the Big Pharma stalwart deeper into the biotech realm.
Bristol-Myers bids $4.5 billion for rest of ImClone MarketWatch
Everything's Coming Up Icahn Forbes
CNNMoney.com - Bloomberg - Financial Times - Reuters
all 323 news articles

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Turkish Press
GDP Grows at Tepid 1.9% Pace Despite Stimulus
New York Times - 59 minutes ago
By PETER S. GOODMAN The American economy expanded more slowly than expected from April to June, the government reported Thursday, while numbers for the last three months of 2007 were revised downward to show a contraction - the first official slide
GDP accelerates to 1.9% pace in second quarter MarketWatch
US Economy: Growth Rate Falls Short of Forecasts (Update3) Bloomberg
Reuters - BusinessWeek - AFP - Washington Times
all 963 news articles

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GulfNews
If only Exxon could earn money like Disney
Los Angeles Times - 1 hour ago
Some things are just too easy — like attacking Exxon Mobil Corp. for yet another quarter of record earnings. Of course Exxon made a lot of money in the second quarter.
Exxon Shares Slip Forbes
Lawmakers to Big Oil: invest in alternative energy Reuters
Houston Chronicle - New York Times - BusinessWeek - MarketWatch
all 968 news articles

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RTT News
Asia Stocks Fall on Lower Earnings; Sumitomo, Suncorp, NEC Drop
Bloomberg - 1 hour ago
By Chua Kong Ho Aug. 1 (Bloomberg) — Asian stocks fell for the first time in three days after Sumitomo Mitsui Financial Group Inc., Suncorp-Metway Ltd.
Topix down 2 pct, banks hit after earnings Reuters
Tokyo stocks drop on bank earnings, US concerns MarketWatch
Financial Times - RTT News - Forbes - Wall Street Journal
all 99 news articles

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WaMu jumps as hedge fund discloses stake
MarketWatch - 1 hour ago
By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) — Washington Mutual shares jumped 12% on Thursday after financial-services hedge fund Toscafund Asset Management LLP disclosed a 6% stake in the nation's largest thrift.
Toscafund Discloses Stakes in WaMu, Sovereign Bancorp (Update3) Bloomberg
WaMu, Sovereign get British hedge fund investment Reuters
BusinessWeek - Forbes - Bizjournals.com - TheStreet.com
all 57 news articles

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domain-B
Bristol CEO eyes non-oncology biotech deals
Reuters - 2 hours ago
By Ransdell Pierson NEW YORK (Reuters) - The chief executive of Bristol-Myers Squibb Co (BMY.N: Quote, Profile, Research) said his company, which earlier on Thursday bid $4.5 billion for cancer-drug partner ImClone Systems Inc (IMCL.
ImClone bid sparks biotech rally, maybe premature guardian.co.uk
ImClone studying Bristol-Myers Squibb's offer MarketWatch
International Herald Tribune - The Associated Press - TheStreet.com - RTT News
all 621 news articles

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McAfee Profit Tops Estimates as Users Add Security (Update3)
Bloomberg - 2 hours ago
By Rochelle Garner July 31 (Bloomberg) — McAfee Inc., the world's second- biggest maker of security software, reported profit that topped analysts' estimates as customers bought programs to protect against viruses and hackers.
McAfee boosts full-year guidance BusinessWeek
McAfee profit tops Wall Street, plans acquisition Reuters
Forbes - Bizjournals.com - TheStreet.com - Barron’s Blogs
all 30 news articles

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