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Archive April/2008


Murdoch Son Scraps Australia Media Firm Buyout Plan

SYDNEY (Reuters) - Australia's Consolidated Media Holdings Ltd <CMJ.AX> said a proposed A$3.3 billion ($3.1 billion) buyout offer from Lachlan Murdoch, son of media magnate Rupert, and Australian gaming tycoon

April 8th, 2008 | Categories: Investment

Washington Mutual to Get $5 Billion From TPG, Others: Report

NEW YORK (Reuters) - Washington Mutual Inc <WM.N> and its advisers on Monday were working out the final details of the plan for capital injection from investors led by private

April 8th, 2008 | Categories: Investment

LG Display, Taiwan LCD Firms to Post Strong Q1

SEOUL (Reuters) - Flat screen maker LG Display Co Ltd <034220.KS> and two smaller Taiwanese rivals are expected to post strong first-quarter earnings as the booming market for thinner, sleeker

April 8th, 2008 | Categories: Investment

BOJ Nomination Delayed to Monday Evening: Lawmaker

TOKYO (Reuters) - The Japanese government will likely delay its nomination of a new governor for the Bank of Japan until Monday evening, a ruling party lawmaker said.

April 8th, 2008 | Categories: Investment

Yahoo Not Opposed to Microsoft Deal: Source

NEW YORK (Reuters) - Yahoo is not opposed to a deal with Microsoft but Microsoft should pay more than $31 a share if it wants to buy the company, Yahoo

April 8th, 2008 | Categories: Investment

Investor Values Nobel Biocare 30 to 50 Percent Higher: Barrons

NEW YORK (Reuters) - Nobel Biocare Holding AG <NOBN.VX> may be worth 30 percent to 50 percent more than its current share price according to a Barron's April 7 story,

April 8th, 2008 | Categories: Investment

Bear Stearns Employees Flood Wall Street Rivals With Resumes

NEW YORK (Reuters) - Bear Stearns <BSC.N> employees are flooding Wall Street with their resumes as the firm is acquired by rival JPMorgan Chase <JPM.N>, but the job market looks

April 8th, 2008 | Categories: Investment

G7 Cool Toward Public Mortgage Funds: U.S. Treasury

MIAMI (Reuters) - The idea of using public money to buy up distressed mortgages to ease a global credit crunch is receiving a cool reception from Group of Seven industrialized

April 8th, 2008 | Categories: Investment

Ford Share Price Could Double: Source

NEW YORK (Reuters) - Shares in automaker Ford Motor <F.N> could double from a turnaround being led by Chief Executive Alan Mulally, according Barron's April 7 story.

April 8th, 2008 | Categories: Investment

Flowers Working on Sweetened Friends Bid: Report

LONDON (Reuters) - U.S. buyout firm J.C. Flowers is working on a sweetened bid worth around 3.5 billion pounds ($7 billion) for British insurer Friends Provident Plc <FP.L>, the Sunday

April 8th, 2008 | Categories: Investment

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