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Thursday, November 02, 2006

Media Digest 11/2/2006 Reuters, Wall Street Journal, New York Times


According to Reuters, Mazda's quarterly profit rose 55% and the company raised its forecast for the year.

Reuters writes that Nintendo will launch its new Wii game platform in the US on November 19 using outlets at Toys R Us and other US retailers.

Reuters reports that the Los Angeles Times has reported that Disney is close to a new programming deal with Comcast and Time Warner Cable.

The Wall Street Journal reports that The Tribune Company will consider selling parts of the company as bids for the entire entity came in too low.

The Wall Street Journal reports that CVS is buying pharmacy benefits manager Caremark for $21 billion.

The Wall Street Journal also writes that Time Warner had substantial earnings gains as its cable unit prospered due to broadband subscription sales and VoIP. AOL also posted sharp gains in online ad sales.

The Wall Street Journal also reports that Dell has begin selling computers with AMD chips.

The Wall Street Jounal also writes that the delay of Microsoft Vista will cause computer makers like Dell, HP, and Gateway to discount their PCs for the holiday sales period.

The New York Times writes that Chrysler's inventory glut is forcing the company to offer more incentives so that it can move out 2006 models and make way for the 2007s.

The New York Times writes that profits were up at insurance broker Marsh as the company cut costs.

Douglas A. McIntyre

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