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Last updated: 15:15:44 Saturday May 10, 2008


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  • 2008 Golden Globe Awards 8
  • News Corp. withdraws bid to buy NY newspaper Newsday
    A spokeswoman for Rupert Murdoch's News Corp. says the media conglomerate has withdrawn its bid to purchase Newsday. 2008-05-10
    People: [Rupert Murdoch]

    Countrywide falls on worry over B of A merger
    Countrywide Financial Corp (CFC.N) shares fell nearly 6 percent on Friday on renewed speculation that Bank of America Corp (BAC.N) will renegotiate or cancel its agreement to buy the largest U.S. mortgage lender. 2008-05-09

    FedEx cuts 4Q profit forecast, blames fuel costs
    FedEx Corp. cut its fourth-quarter earnings expectations Friday, blaming continuing increases in fuel costs. 2008-05-09

    AIG posts 1Q loss of $7.8B, plans to raise $12.5B
    American International Group Inc. says it will raise $12.5 billion in the coming months as the insurer looks to shore up a capital base that has been rocked by deterioration in the credit markets. 2008-05-08

    Activities: [2007 Global Credit Crunch]

    Google execs hope for long-term ad deal with Yahoo
    Google Inc.'s top executives expressed hope Thursday that the Internet search leader will be able to form a potentially lucrative advertising partnership with Yahoo Inc. -- a deal that would lower the odds of Microsoft Corp. renewing its attempts to buy Yahoo. 2008-05-08

    People: [Larry Page] [Sergey Brin]
    Activities: [Microsoft - Yahoo Deal]

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