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

Previous Posts

Friday, November 03, 2006

Media Digest 11/3/2006 Reuters, Wall Street Journal, New York Times


According to Reuters, Microsoft and Novell reached an agreement to joint market a verion of Linux, the open source operating system, with Windows.

Reuters writes that Caterpillar believes that there will be a "significant slowdown" in the US housing market in 2007.

Reuters reports that Amazon will go into the "web utility business to supply online businesses with "underlying computing, data storage and other services."

Reuters also reports that Citigoup is still hopeful that it can buy a stake in Chinese lender Guangdong Development Bank.

The Wall Street Journal writes that British Airways had a slight drop in net profit due to a security disruption involving a plot to bomb transatlantic flights.

The Wall Street Journal also writes that department stores had strong October same-store sales, but many specialty store operators did poorly. Wal-Mart had its worst month showing in six years.

The New York Times reports that CBS's net fell, affected by its split with Viacom.

The New York Times also reports that The Tribune Company, which is in the midst of selling its assets, has sold off some of its real estate and a stake it had in software company.

Douglas A. McIntyre

Powered by Blogger