Insightful analysis and commentary for the US and global equity investor
Contributors: Douglas McIntyre Jon C. Ogg

Previous Posts

Friday, September 15, 2006

Media Digest 9/15/2006 NYT, Reuters, WSJ


According to Reuters, Ford will offer buyouts to about 75,000 workers at its US plants.

Reuters writes that Nintendo is offering competition to Sony's Playstation and Microsoft's Xbox with a new video game platform that is priced below other products, the Wii.

According to Reuters, ConAgra will close five plants and cut 400 workers.

The Wall Street Journal reports that News Corp is in takes with Liberty Media about exchanging its share of DirecTV for Liberty's share of News Corp.

The WSJ writes that Microsoft unveiled its new Zune multimedia player. The product will be in stores for the holiday season to compete with the Apple iPod.

The WSJ also reports that The Tribune Company is near a settlement with one of its largest shareholders, the Chandler family. The settlement would give the Chandlers the real estate on which many of the company's papers now sit.

The New York Times reports that The Guidant Corp has settled a fraud suit over its defibullator devices.

The New York Times also reports that Ted Leonsis, a Vice Chairman at Time Warner unit AOL and one of its longerst serving employees will give up his operating duties.

Douglas A. McIntyre

Powered by Blogger