Tuesday, August 7, 2012

DreamWorks Animation Plans Shanghai Theme Park

DreamWorks Animation SKG, the Hollywood studio behind hits like “Shrek,” “Kung Fu Panda” and “Madagascar 3,” said Tuesday it planned to co-develop a $3.1 billion cultural and entertainment district in Shanghai with a group of Chinese partners.

http://www.nytimes.com/2012/08/08/business/global/08iht-park08.html?_r=1&ref=business

Monday, August 6, 2012

Best Buy Founder Offers $8.8 Billion to Buy Out Company


Richard Schulze, the founder of Best Buy, offered to buy the electronics retailer on Monday for as much as $8.8 billion.

A deal near that price would be biggest ever buyout of an American retailer, according to S.&P. Capital IQ data, topping the $8.4 billion buyout of Toys “R” Us in 2005.

http://dealbook.nytimes.com/2012/08/06/best-buy-founder-offers-8-8-billion-to-buy-out-company/


The Long-Term Value of Internet Companies


A decade after the last technology bubble burst, the signs are everywhere that it is happening again.

Look at what’s happened to the highly publicized initial public offerings: Facebook’s value has declined $30 billion since its I.P.O., costing investors nearly half their investment. Zynga shares have plummeted. Groupon shares trade at such an extreme discount that there should be a Groupon for them. Pandora’s stock, once $17, has touched $7. Companies like Friendster and MySpace, meanwhile, toil in oblivion.

http://dealbook.nytimes.com/2012/08/03/the-long-term-value-of-internet-companies/

Facebook's corporate headquarters in Menlo Park, Calif.

Friday, August 3, 2012

JAL Plans an I.P.O. to Raise $8.5 Billion

Japan Airlines, the former flagship carrier driven to bankruptcy and a government bailout two years ago, will relist its stock in Tokyo on Sept. 19 in an initial public offering that could raise $8.5 billion.


http://dealbook.nytimes.com/2012/08/02/jal-plans-an-i-p-o-to-raise-8-5-billion/

Japan Airlines, also known as JAL, at Narita Airport.

Japan Widens Inquiry Into Insider Trading

A government investigation into insider trading in Japan has extended onto the trading floors of some of the largest Wall Street companies, including Goldman Sachs, UBS and Deutsche Bank.

http://dealbook.nytimes.com/2012/08/02/japan-widens-inquiry-into-insider-trading/

Thursday, August 2, 2012

Monsanto Wins Big Award in a Biotech Patent Case

A federal jury awarded $1 billion in damages to the crop biotechnology leader Monsanto on Wednesday, saying that its arch rival DuPont had willfully infringed a patent covering Roundup Ready soybeans.

http://www.nytimes.com/2012/08/02/business/monsanto-wins-big-award-in-a-biotech-patent-case.html?ref=business

mudrick capital management

Wal-Mart Ensures Customers' Voices Are Heard by Campaigns


When he first ran for president, then-Senator Barack Obama of Illinois said in May 2007 that he wouldn't shop at Wal-Mart because the world's largest retailer didn't pay its workers enough.
By January 2011, first lady Michelle Obama stood with the company to announce its decision to reformulate thousands of products to make them healthier by reducing sodium and sugars.

mudrick capital management