Yahoo! to reject billion-dollar bid?
Silicon.com - The Wall Street Journal had quoted an unnamed source as saying Microsoft’s offer of $31 per share was an attempt to “steal” the company and that Yahoo! was unlikely to take into account anything under $40 per share - double its price in January. At $40 per
WSJ: Motorola, Nortel in discussing combination
Chicago Tribune - The Wall Street Journal 7:48 AM CST, February 11, 2008 Motorola Inc. and Nortel Networks Corp. are in speaks to combine their wireless-infrastructure units in a joint venture
Euroshares open lower as concerns about the US economy persist -UPDATE
CNN Money - (Updating with full report) LONDON, Feb. 11, 2008 (Thomson Financial delivered by Newstex) — Europe’s leading bourses opened lower after a late rally on Wall Street failed to offset ongoing worries about the strength of the US economy and with
Motorola, Nortel said in talks to combine units
Chicago Sun-Times - The Wall Street Journal is reporting today that cellular-phone giants Motorola and Nortel are discussing combining their wireless-infrastructure businesses in a joint venture. The Journal, citing unidentified sources, reports that the speaks are
Asian markets fall in return to trade
BusinessWeek - Asian markets fell Monday as they reopened after the Lunar New Year holidays, catching up to losses posted last week on Wall Street amid continued worries over a U.S. slowdown. Hong Kong’s benchmark Hang Seng index sank 3.6 percent to 22,616.11
Showdown This day over Yahoo Vote on Microsoft’s Bid
ABC News - Yahoo’s board is expected to reject that offer Monday, according to reports by the Associated Press and The Wall Street Journal quoting an unnamed source. USA TODAY could not confirm those reports. Ironfire President Eric Jackson has organized a
PAR Technology 4Q EPS 3C tops Wall Street estimates
Forbes - BOSTON (Thomson Financial) - PAR Technology Corp. Monday reported fourth-quarter net income of $483,000, or 3 cents a share, compared with net income of $820,000, or 6 cents a share, in the same period a year earlier. The mean estimate of analysts
HK index falls in return from holidays
BusinessWeek - Hong Kong stocks tumbled Monday in the first day of trading after the Lunar New Year holidays, tracking Wall Street’s losses last week on renewed concerns over a global credit crunch. The blue chip Hang Seng Index sank 853.35 points, or 3.64 percent
Growth worries hit global equities
Reuters - LONDON (Reuters) - Worries about a deeper global economic slowdown than expected battered equities on Monday and hit the dollar while commodity prices soared, adding fears of inflation to the mix. Wall Street looked set to open flat. Finance leaders
Motorola, Nortel in wireless-infrastructure jv speaks - report
CNBC - LONDON (Thomson Financial) - Motorola Inc and Nortel Networks Corp are in speaks to combine their wireless-infrastructure units in a joint venture, the Wall Street Europe reported in its online edition, citing people familiar with the situation. If
Asian stocks slump on renewed subprime worry, Australia hit by rate
Forbes - Stock markets across Asia fell Monday as investors returned from the Lunar New Year break to the continued gloom on Wall Street, while Australian benchmarks fell after the central bank cautioned that high inflation might require further rate hikes. The
U.S. shares set for steady begin, Yahoo in focus
Reuters - LONDON, Feb 11 (Reuters) - U.S. stock index futures indicated a positive open on Wall Street on Monday in a thin day for earnings, while technology shares might grab attention as Yahoo (YHOO.O: Quote , Profile , Research ) was set to rebuff a
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