2008 April | The Monthly Investor

Time Warner Refocusing With Move to Spin Off Cable - New York Times

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Time Warner Refocusing With Move to Spin Off Cable
New York Times - 4 hours ago
By TIM ARANGO In another era at Time Warner, before a star-crossed Internet merger, the hard-held belief of Gerald M. Levin, then the chief executive, was that “content is and will remain king, but distribution is the power behind the throne.
Video: Time Warner Shedding Cable Business AssociatedPress
Cable Cancelled By Time Warner Forbes
Washington Post - Bizjournals.com - The Associated Press - New York Post
all 532 news articles

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Agency Floats a Proposal to Help With Home Loans - New York Times

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Washington Post

Agency Floats a Proposal to Help With Home Loans
New York Times - 5 hours ago
By STEPHEN LABATON and DAVID M. HERSZENHORN WASHINGTON - The Bush administration and Congress reacted coolly to a new $50 billion proposal by the head of the Federal Deposit Insurance Corporation to permit the Treasury Department to lend directly to as …
FDIC wants US aid to pay down risky loans Reuters
FDIC chief backs Treasury loans to spur refinancing Los Angeles Times
Bloomberg - MarketWatch - Wall Street Journal - International Herald Tribune
all 78 news articles

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Blackwater Seeks Outside Funds - Wall Street Journal

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Blackwater Seeks Outside Funds
Wall Street Journal - 5 hours ago
By AUGUST COLE and PETER LATTMAN Private security contractor Blackwater Worldwide has signaled it is seeking outside investors to increase its financial position, a move that comes even as it fends off contention over its tactics in protecting …
Cerberus may buy $200 mln stake in Blackwater: ABC Reuters
Hedge Fund in Talks to Buy Blackwater ABC News
FINalternatives - Wired News - Wall Street Journal Blogs
all 11 news articles

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Stocks Give Up Big Gains And Close Lower After Fed Rate Cut

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NEW YORK, April 30 — Wall Street gave up sharp gains and closed lower Wednesday after the Federal Reserve cut interest rates by a quarter-point but left investors guessing about its next move. The Dow Jones industrial average, momentarily above 13,000 for the first time since early January, ended the session down modestly.

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Wendy's CEO says sale to Arby's owner offers greatest value - BusinessWeek

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Columbus Dispatch

Wendy's CEO says sale to Arby's owner offers greatest value
BusinessWeek - 1 hour ago
Wendy's International Inc. agreed to be acquired by the company that owns Arby's shaved roast beef sandwich restaurants because it was the best deal the nation's third-largest hamburger chain could get for its shareholders, Chief Executive Kerrii …
UPDATE 1-Triarc/Wendy's deal could boost EBITDA by $100 mln Reuters
Triarc CEO Smith Will Be CEO Of Wendy's Brand Post-Merger CNNMoney.com
Delaware News - Bizjournals.com - United Press International - Macon Telegraph
all 78 news articles

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Ex-Executive of Jobs Site Is Indicted - New York Times

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Rocky Mountain News

Ex-Executive of Jobs Site Is Indicted
New York Times - 9 hours ago
By REUTERS A former chief operating officer at Monster Worldwide, the job recruitment Web site, was indicted Wednesday on charges of securities fraud and conspiracy in connection with what prosecutors said was a scheme to backdate millions of dollars …
Former Monster President Indicted for Securities Fraud Wall Street Journal
UPDATE 1-Ex-Monster executive charged in options scheme Reuters
Washington Post - PC World - CFO.com Magazine - San Jose Mercury News
all 94 news articles

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Senate agrees McCain is eligible for presidency - The Associated Press

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Boston Globe

Senate agrees McCain is eligible for presidency
The Associated Press - 2 hours ago
WASHINGTON (AP) - Sen. John McCain was born to American parents in the Panama Canal Zone some 71 years ago. Does that make him the kind of "natural born" citizen the Founding Fathers determined could serve as president?
Clinton, Obama campaign in Indiana as ad wars heat up Los Angeles Times
Candidates' Plans Could Indirectly Raise Gas Prices Wall Street Journal
MarketWatch - New York Times - MSNBC - Washington Post
all 636 news articles

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Starbucks meets reduced expectations

Business and financial news - CNNMoney.com @ April 30, 2008 # No Comment Yet

Coffeehouse chain Starbucks reported a 28% drop in fiscal second-quarter earnings Wednesday, saying charges resulting from CEO Howard Schultz’s ongoing plan to transform the business hurt profits.