Media Digest 5/27/2006 Wall Street Journal NWS, PSO, HD, NWIR, UNH, CBST, HUMC, DITC, SCHW
According to the WSJ, News Corporation will launch a U.S. edition of The Times, one of Britain's oldest newspapers. Pearson already publisher their UK paper, The Financial Times, in the U.S.
The Journal also reported that investors brought out the long knives at the Home Depot annual meeting criticizing the CEO's very rich pay package.
The Journal also wrote that NWH rose 32% to $17.80 as the e-commerce provider agreed to be acquired by UnitedHealth Group. Cubist Pharmaceuticals rose 20% to $25.55 as it received supplemental approval of its antibiotic for blood stream infections. Hummingbird was up 21% to $27.90 as it agreed to be bought by Symphony Technology Group, a software holding company, for $465 million. Ditech Networks fell 9% to $9.29 as its earnings dropped. Charles Schwab rose 2.4% to $16.85 after it was upgraded by Banc of America Securities.
Douglas A. McIntyre
The Journal also reported that investors brought out the long knives at the Home Depot annual meeting criticizing the CEO's very rich pay package.
The Journal also wrote that NWH rose 32% to $17.80 as the e-commerce provider agreed to be acquired by UnitedHealth Group. Cubist Pharmaceuticals rose 20% to $25.55 as it received supplemental approval of its antibiotic for blood stream infections. Hummingbird was up 21% to $27.90 as it agreed to be bought by Symphony Technology Group, a software holding company, for $465 million. Ditech Networks fell 9% to $9.29 as its earnings dropped. Charles Schwab rose 2.4% to $16.85 after it was upgraded by Banc of America Securities.
Douglas A. McIntyre
posted by douglas mcintyre at 1:41 PM
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