It will come as no surprise to those following the nearly comatose IPO market in the U.S., suffering through its worst spell in five years , that the time companies spend waiting between filing their paper work and going public has nearly doubled in the past year, according to a report by Ernst & Young.
In the second quarter of […]
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Updated from 4:38 p.m. EDT Falling oil prices gave the Fed “cover” to ratchet down its anti-inflation rhetoric at the central bank’s policy meeting Tuesday and stocks soared in response.
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From Silicon Alley Insider, August 5, 2008:A solid Q4
for John Chambers’ Cisco (CSCO), including its first quarter ever with
more than $10 billion in sales. The network gear maker beat Wall
Street’s expectations for both sales and profits, posting $2 b
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It’s become an annual event, like the Oscars or the Super Bowl.
Nearly every year, rumors surface that U.S. steelmaker AK Steel is being eyed as a takeover target by one or more of its competitors. Indeed, since 2003 the company has been linked in various reports to U.S. Steel, Arcelor Mittal, Brazil’s CST and CSN, […]
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After four years of recriminations and in-fighting between executives from Sony Music and executives from BMG Music Entertainment, Tokyo-based Sony Corp has decided to end the mutual pain of a controversial merger and take full control of Sony BMG.
Artists like Beyonce, Bruce Springsteen and Justin Timberlake will now record under a new banner: Sony Music Entertainment Inc.
The FT had reported […]
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Satellite TV provider Dish Network is mulling another attempt at a merger with rival DirecTV, according to the Wall Street Journal, seven years after regulatory pressures forced them to abandon such efforts. While no concrete plans have yet emerged, the Journal reports the two companies have been discussing the idea for a few months.
Liberty Media Chairman […]
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From All Things Digital, Aug. 5, 2008:Here’s the full statement from the outside firm, Broadridge Financial Solutions, that tabulated Yahoo’s recent shareholder vote. Bottom line: An under-reporting of shares withheld for certain directors, wh
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Cisco may be one of the last tech bellwethers to provide results for this earnings cycle, but it was the first to sound the alarm bell about the ongoing slowdown.It was last November, you may recall, when Cisco’s John Chambers talked about “softness&
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