Media Digest 6/19/2006
Stocks: (NOK)(SI)(T)INYX)(BA)(LMT)(QCOM)(GM)(VZ)(HAS)(TRB)
According to the Wall Street Journal, Nokia and Siemens agreed to combine their pphone equipment units in a deal worth $31.6 billion.
WSJ also reports that the co-CEO of Airbus parent EADS is losing support over the timing of his share sales and problems with the company's new super jet.
WSJ reports that AT&T will launch a TV service to compete with cable companies. It will include movies delivered over the internet and Echostar satellite TV. Movielink will provide the films.
Deutsche Boerse is working on ways to make an offer for Euronext attractive to the exchange, which has agreed to by bought by the New York Stock Exchange Group.
There is still tension between Boeing and Lockheed as the combination of the government rockets units get closer to antitrust approval.
A Qualcomm technology that would compete with Wimax has been delayed after a standards group stopped its review of the service.
Shanghai Automotive Industry Group, which build cars in China, has hired the former head of GM in China to run the expansion of selling its cars overseas.
Reuters reports that Nestle will buy the Jenny Craig diet company for $600 million.
WSJ writes that Verizon will expand its cell phone offerings at Wal-Mart discount stores to improve distribution of its products.
WSJ reports that the NYSE could set up its own exchange in London if it buys Europe exchange Euronext. The operation would compete with the London Stock Exchange.
Verizon has made a deal with the Public Broadcasting Service to carry its shows on the new television service that Verizon will offer over its fiber network.
The New York Times reports that Hasbro will introduce a line of baby care products such as diapers through its Playschool operations.
NYT reports that the "synergy" between its TV and newspaper operations is working well in Chicago, but not in its East Coast and West Coast divisions.
Douglas A. McIntyre
According to the Wall Street Journal, Nokia and Siemens agreed to combine their pphone equipment units in a deal worth $31.6 billion.
WSJ also reports that the co-CEO of Airbus parent EADS is losing support over the timing of his share sales and problems with the company's new super jet.
WSJ reports that AT&T will launch a TV service to compete with cable companies. It will include movies delivered over the internet and Echostar satellite TV. Movielink will provide the films.
Deutsche Boerse is working on ways to make an offer for Euronext attractive to the exchange, which has agreed to by bought by the New York Stock Exchange Group.
There is still tension between Boeing and Lockheed as the combination of the government rockets units get closer to antitrust approval.
A Qualcomm technology that would compete with Wimax has been delayed after a standards group stopped its review of the service.
Shanghai Automotive Industry Group, which build cars in China, has hired the former head of GM in China to run the expansion of selling its cars overseas.
Reuters reports that Nestle will buy the Jenny Craig diet company for $600 million.
WSJ writes that Verizon will expand its cell phone offerings at Wal-Mart discount stores to improve distribution of its products.
WSJ reports that the NYSE could set up its own exchange in London if it buys Europe exchange Euronext. The operation would compete with the London Stock Exchange.
Verizon has made a deal with the Public Broadcasting Service to carry its shows on the new television service that Verizon will offer over its fiber network.
The New York Times reports that Hasbro will introduce a line of baby care products such as diapers through its Playschool operations.
NYT reports that the "synergy" between its TV and newspaper operations is working well in Chicago, but not in its East Coast and West Coast divisions.
Douglas A. McIntyre
posted by douglas mcintyre at 4:57 AM
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