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June 20, 2024
Offered to buy Time Warner Cable for 132 per share valuing it at 61 billion. It includes 83 in cash per share and about 49 in stock. Another big deal after the bell, google has landed nest labs for 3. 2 billion. Nest will continue to operate under its own brand. Those are the top headlines. Charter has made an offer to buy Time Warner Cable. Joining me with details and reactions, we have alex sherman and the chairman of mediamorph, shahid khan. Thank you for joining me. You broke the story, alex...
June 20, 2024
The business of the French Company. Siemens may make its own bird. Shares of twitter are down as much as 12 in the free market. Twitter pops twitters in the growth First Quarter. We will be told what is going on in twitter. And, normally a big day for investors. However, mike mckee says the real deal is that the data and not the response will be what matters. Honored to be the first media heavyweight on your show. Have you ever been less excited at a fed meeting at agenda a janet era . Into the ...
June 20, 2024
48,000 job cuts in total. And 18 gain in secondquarter profits but yet another drop in sales, 1 for the 11th quarter in a row. Facebook taking steps to improve user privacy. Post from new users will now automatically default to friend. That means it can see be seen by friends only. They are also rolling out a privacy checkup tool that will remind you about privacy setting. Air b b has agreed to provide the new York Attorney general with data about its host, new york city. They will have to provi...
June 20, 2024
Strategy, the strategy of cutting back on purchases collapses. Argument, which is that comcast might be able to strike a Better Bargain thanks to its increased size. That is far from clear. The stakes are higher for espn compared to today because espn ises more revenue, but that true for comcast. The stakes are higher for comcast as well as more customers complained to cancel their service. Such a musthave with programmers that again special power. The third analogy is that comcast is just like ...
June 20, 2024
I know ive talked many times about consolidation in the industry. Time warner cable and comcast only heard yesterday comcast will be offloading almost 4 million to charter. Is are you a buyer or a seller here . You dont waste time, do you . I will tell you if i am a buyer or seller. Are you actively looking . We are always looking for acquisitions that are strategic and add value to the company. It is a unique time in the business. There is a lot of consolidation. There is a lot of geometric cha...
June 20, 2024
Grabbed investors attention. All that and more tonight on nightly Business Report for monday, april 28th. Good evening, everyone. 100 billion. Thats what pfizer is offering to pay for astrazeneca. This is the Second Time Around pfizer is pushing for a deal with its british rival. Investors are cheering. Sending the dow soaring. Shares of pfizer shot up more than 4 by far the biggest gainer in the dow and astrazeneca jumped 12 . While the pharmaceutical deal may be huge its not a done deal. Astra...
June 20, 2024
Owners all feeling the pinch for profits, sweeping San Francisco property and probably coming soon to a neighborhood near you. Brian webb, kpix 5. One bay area city is making an evident to create affordable housing. San mateo celebrated the grand opening of delaware pacific. Rents are 520 for one bedroom to 1,200 for a threebedroom unit. San mateo has the most expensive housing in the united states. [ [ inaudible ] concentrated in one area. [ inaudible ] 20 to 25 theres no excuse for that. So we...
June 20, 2024
The country protested this week to raise the minimum wage. Theyre looking for 15 an hour. Should the minimum wage be increased . Call us and tell you what you think on the democratic line, 202 5853880. The republican line at 202 5853881. Independent line at 202 5853882. A special line we set up this morning for minimumwage workers 3. 202 585388 you can also join the conversation on social media. Or send us an email. Our first guest this morning is steve jamison, a reporter for the huffington pos...
June 20, 2024
, he wasoining pepsico the Senior Vice President and general manager for avon products. He worked as a Management Consultant before that. He holds a masters degree from Johns Hopkins university and a bachelors degree from boston college. Lieberman is a. Graduate of Johns Hopkins. Fordhite is also a Foundation Fellow at Leningrad State University in st. Petersburg, russia. Constituents are very loyal customers. Our next witness, we are glad to stephensonr. Randall , the chairman, president of at ...
June 20, 2024
Preliminary tests have come back negative. Health Officials Say shes been symptomfree for the last 24 hours. She says she felt like a criminal and called her isolation, quote, inhumane. But governor chris tooe defended the states decision saying val voluntary quarantine is necessary. We want to take every precaution. New york and illinois have also enacted mandatory quarantine rules for people returning from west africa who had contact with ebola patients. And three travelers have being monitore...