Friday, August 10, 2012

S.E.C. and Justice Dept. End Mortgage Investigations Into Goldman

Federal authorities ended two investigations into the actions of Goldman Sachs during the financial crisis, handing a quiet victory to the bank after years of public scrutiny.

http://dealbook.nytimes.com/2012/08/09/goldman-says-sec-has-ended-mortgage-investigation/?pagewanted=all

Manchester United Trades Flat in Debut

Manchester United stumbled after kicking off its initial public offering, as the world-famous soccer club’s stock traded flat in its debut on Friday.

http://dealbook.nytimes.com/2012/08/10/manchester-united-opens-at-14-05-in-first-day-of-trading/?pagewanted=all

Traders wearing Manchester United jerseys on the floor of the New York Stock Exchange on Friday.

Thursday, August 9, 2012

JPMorgan files formal first-quarter restatement

JPMorgan Chase & Co (JPM) filed a formal restatement of its first-quarter results on Thursday to reflect its conclusion that the values of derivatives positions on a London trading desk were originally overstated.

http://finance.yahoo.com/news/jpmorgan-files-formal-first-quarter-120150448.html

Apple vs. Samsung: Is It the Trial of the Century?


Patent infringement cases have become almost commonplace in the global tech market, but the Apple (AAPL)-Samsung (SSNLF) trial now underway in San Jose, California is anything but common.

In its first week, the trial revealed some of Apple's product and marketing secrets which are traditionally guarded as if they were nuclear grade trade secrets. "It's not an exaggeration to compare [Apple] to the CIA or some other intelligence agency," Fortune's Adam Lashinsky told The Daily Ticker earlier this year. "They believe everything that happens inside is a secret and that pertains not just to…outsiders but also internally. They don't share their secrets [and] you're expected to mind your own business.

http://finance.yahoo.com/blogs/daily-ticker/apple-vs-samsung-trial-century-134519391.html

mudrick capital management

Wednesday, August 8, 2012

Times Co. Said to Reach Preliminary Deal to Sell About.com

The New York Times Company is in the process of selling the online resource guide About.com, according to an executive familiar with the negotiations.

http://mediadecoder.blogs.nytimes.com/2012/08/08/times-said-to-reach-preliminary-deal-to-sell-about-com/

Heineken Faces Possible Bidding War Over Stake in Asian Brewer

Heineken’s commitment to buying out Asia Pacific Breweries, the maker of Tiger Beer, is being tested by a group linked to one of Thailand’s richest men, as the fight for a bigger slice of the world’s last growing beer markets intensifies.

http://www.nytimes.com/2012/08/09/business/global/heineken-faces-possible-bidding-war-over-stake-in-asian-brewer.html?ref=business

Tuesday, August 7, 2012

Heineken bid for Tiger Beer faces Thai challenge

Heineken's (HEIA.AS) $6 billion bid to take full control of Tiger Beer maker Asia Pacific Breweries (A46.SI) faces a challenge from a group led by Thai billionaire Charoen Sirivadhanabhakdi, which has put in a higher bid to increase its stake in APB.

http://finance.yahoo.com/news/heineken-bid-tiger-beer-faces-125452100.html