Archive for July 21st, 2008


BBC News
Yahoo's Yang Faces Sagging Profit, Split Board After Icahn Row
Bloomberg - 53 minutes ago
By Crayton Harrison July 22 (Bloomberg) — Yahoo! Inc. Chief Executive Officer Jerry Yang will have to revive the Internet company's profit with a divided board and Carl Icahn as minority leader.
Icahn Ends Feud With Yahoo, Setting Up an Uneasy Truce Wall Street Journal
Yahoo Cedes Three Board Spots to Icahn Washington Post
BusinessWeek - CNNMoney.com - guardian.co.uk
all 1,611 news articles

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BBC News
Apple's Forecast Sets Off a Stock Slide
BusinessWeek - 1 hour ago
by Arik Hesseldahl News that Apple expects thinner profit margins sent shares of the consumer electronics maker plummeting in extended trading on July 21.
Apple stock drops despite jump in Q3 profit The Associated Press
Apple Makes No Promises Forbes
Los Angeles Times - New York Times - Reuters - Bloomberg
all 739 news articles

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CNET News
Icahn Ends Feud With Yahoo, Setting Up an Uneasy Truce
Wall Street Journal - 6 hours ago
By MERISSA MARR and JESSICA E. VASCELLARO Yahoo Inc.'s agreement to appoint Carl Icahn to its board ends Mr. Icahn's proxy fight against the Web giant — and gives the activist investor a direct hand in any decision about selling to Microsoft Corp.
Yahoo's Yang Faces Sagging Profit, Split Board After Icahn Row Bloomberg
4 Lingering Questions on the Yahoo/Icahn Deal Seeking Alpha
Reuters - Washington Post - CNNMoney.com - istockAnalyst.com
all 1,707 news articles

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Storm Dolly Prompts Texas, Mexico Hurricane Warnings (Update3)
Bloomberg - 1 hour ago
By Demian McLean and Aaron Sheldrick July 21 (Bloomberg) — Tropical Storm Dolly headed toward the coast of Texas, drawing strength from warm waters in the Gulf of Mexico and prompting hurricane warnings covering hundreds of miles of US and Mexican
Video: US Could Say Hello to a Hurricane Dolly AssociatedPress
Oil falls below US$131 in Asia on expectations storm won't damage International Herald Tribune
Los Angeles Times - Oil & Gas Journal - Tampa Tribune - KGBT
all 2,514 news articles

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Sify
Roche Offers $43.7 Billion for Shares in Genentech It Does Not
New York Times - 2 hours ago
By ANDREW POLLACK In a bold gamble, Roche offered Monday to pay $43.7 billion for the 44 percent of Genentech it does not already own, a move that would end the independent existence of what is widely considered the world’s most successful
Roche, Genentech to meet on Tuesday to discuss deal Reuters
Roche's Schwan Seeks Bargain as Genentech Investors Demand More Bloomberg
MarketWatch - San Francisco Chronicle - Boston Globe - Bizjournals.com
all 842 news articles

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BBC News
Apple stock tumbles despite jump in earnings
Los Angeles Times - 58 minutes ago
By Michelle Quinn, Los Angeles Times Staff Writer Apple Inc.'s strongest-ever fiscal third quarter wasn't enough to keep the bears away Monday as worries about the company's financial forecast sent its stock tumbling as much as 11% in after-hours
Apple Makes No Promises Forbes
UPDATE 3-Apple outlook well below Wall St view, shares fall Reuters
New York Times - Bloomberg - AFP - Seeking Alpha
all 682 news articles

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Reuters
Intensified Concerns on Vytorin
New York Times - 1 hour ago
By ALEX BERENSON In a clinical trial the cholesterol-lowering drug Vytorin did not help people with heart-valve disease avoid further heart problems but did appear to increase their risk of cancer, scientists reported Monday.
Movers: Bank of America, Genentech, Schering-Plough, Merck BusinessWeek
Vytorin fails to meet main goal of heart study Reuters
CNNMoney.com - Bloomberg - Forbes - MarketWatch
all 821 news articles

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CBS News
Crude Oil Falls as Storm Forecast to Miss Gulf Production Areas
Bloomberg - 1 hour ago
By Christian Schmollinger July 22 (Bloomberg) — Crude oil fell in New York as Tropical Storm Dolly is unlikely to affect oil and natural gas operations in the Gulf of Mexico while heading toward the coast of Texas.
Video: US Could Say Hello to a Hurricane Dolly AssociatedPress
US oilpatch eyes first big storm threat of '08 guardian.co.uk
The Associated Press - CNNMoney.com - Reuters - Forbes
all 2,296 news articles

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BBC News