LOS ANGELES (Reuters) - Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, two sources with knowledge of the bid told Reuters on Frid...
Kraft restructured into two leaner, meaner companies at the cost of losing its Dow membership. HP should do the same.
Hewlett-Packard shares soared sky-high on Thursday thanks to a surprisingly solid second-quarter report. On Friday, HP threw its engines into reverse. The strongest Dow Jones component one day became the weakest of the next day. Fellow Fool Dan Caplinger posits that HP's 2.5% drop is nothing but a pullback after Thursday's 17% dose of enthusiasm. Show More Summary
For the first time this week, Wells Fargo & Co (NYSE:WFC) stock has dipped below the $40 mark, despite some good news on the housing front. Not that Wells is alone: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), and Citigroup Inc. (NYSE:C) are all down this Friday morning, as are both the S&P 500 and [...]
The plan, first announced last year, would break up the company's publishing and entertainment arms and satisfy investors who are put off by the slow growth of its newspapers.
Rupert Murdoch's News Corp. moved closer to the planned breakup of the $76-billion global media conglomerate as board members this week formally approved the split.
News Corp will officially split into two companies on June 28th. The corporation announced new details about the split, including provisions to prevent hostile takeovers.
At the risk of beating a dead multi-billion dollar company, let’s talk about that News Corp. split again. The board voted to move the plan forward, and made June 28 the official separation date. The two new companies will be News Corp. Show More Summary
The board of News Corp. has formally approved the motion to split the company in two. News Corp.’s newspaper and publishing businesses, along with its Australian businesses, will become the new News Corp., while the company’s TV, film...Show More Summary
On June 28 2012, Rupert Murdoch’s News Corporation confirmed it was to split its publishing and media and entertainment businesses into 2 publicly traded entities. On June 28 2013, this... Keep reading ?
Rupert Murdoch and sons James and Lachlan will sit on the boards of the entertainment and publishing firms after the separation. read more
The StressTest column appears every Thursday on Fool.com. Check back weekly, and follow @TMFStressTest on Twitter. Bank of America Corp (NYSE:BAC) has been near-mortally wounded. But that may be good news. B of A’s evisceration came by its own hand. An unintentional seppuku attempt, if you will. You may have heard a bit about this already, but [...]
New York, NY – May 24, 2013 – News Corporation and the new News Corporation today announced that the separation of News Corporation (the “Company”) into two distinct publicly traded companies, 21st Century Fox and the new News Corporation, has been formally approved by the Company’s Board of Directors. Show More Summary
(Reuters) - News Corp set the distribution ratios for the spinoff of its publishing business and said the spinoff may start buying back stock right away.
By almost any measure, GameStop Corp. (NYSE:GME) is a difficult nut to crack. The company has been fighting obsolescence ever since digital distribution caught on, and news swirling around next-generation consoles seems to turn against the retailer every other day. On the other hand, GameStop reports having a 47% market share of the new games [...]
Editor’s Note: Related Tickers: Hewlett-Packard Company (NYSE:HPQ), Bank of America Corp (NYSE:BAC), The Boeing Company (NYSE:BA) Mammoth Japan Stimulus Still Not Enough: Hayman’s Bass (CNBC.com) The gargantuan stimulus Japan is pumping into its economy will have to be even larger to achieve the desired results, said Hayman Capital founder Kyle Bass. “They’re going to have to [...]
LOS ANGELES (Reuters) - Former News Corp president Peter Chernin and private equity fund Guggenheim Digital Media have placed bids for Hulu, two people with knowledge of the matter told Reuters, triggering a tug-of-war for the online video service.
The US Peace Corps said today it would begin accepting gay domestic partners and married couples who wish to serve together overseas, CBS News reports: Married couples have been serving together in the Peace Corps since the organization was founded...
Editor’s Note: Related tickers: Advanced Micro Devices, Inc. (NYSE:AMD), Google Inc (NASDAQ:GOOG), International Business Machines Corp. (NYSE:IBM), QUALCOMM, Inc. (NASDAQ:QCOM), Intel Corporation (NASDAQ:INTC) AMD willing to embrace Android (InfoWorld) Advanced Micro Devices, Inc. Show More Summary
Editor’s Note: Related tickers: McDonald’s Corporation (NYSE:MCD), International Business Machines Corp. (NYSE:IBM), Google Inc (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL), The Wendy’s Co (NASDAQ:WEN), Burger King Worldwide Inc (NYSE:BKW)...Show More Summary