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Is News Corp About to Split in Two?
Tuesday, June 26, 2012 - 8:21am | 417Read More...News Corp. (NASDAQ: NWSA, NASDAQ: NWS), the diversified global media company, is considering separating its publishing arm from its entertainment division. According to Dealbook, the move would mean splitting the far larger and more profitable Fox movie studio and television networks from the...
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Is NBC About to Go Bankrupt?
Wednesday, May 16, 2012 - 9:25am | 881Read More...The ailing TV network is making a desperate attempt at salvaging its remains. But cancelled shows, lackluster pilots and management's desperate remarks are pointing to the company's imminent demise. According to the New York Post, Ted Harbert -- the broadcasting chief of the Comcast-owned (NASDAQ...
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Will Chris Christie Run For President?
Thursday, September 29, 2011 - 11:15am | 500Read More...There was an exclusive report in the New York Post this morning that New Jersey Governor Chris Christie had changed his mind about running for President of the United States. Despite the Republicans best efforts, it does not seem like Christie is going to run in 2012. According to a "source"...
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Goldman Sachs Unfairly Rewards Employees "At Shareholders' Expense," Lawyer Claims
Thursday, September 8, 2011 - 8:47am | 233Read More...What, you mean to tell me that Lloyd Blankfein's $19 million paycheck was too much? That's crazy talk! According to John Harnes, an attorney for Goldman Sachs (NYSE: GS) investors, the company's compensation plan (which nearly doubled Blankfein's total compensation last year) is unfairly rewarding...
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Is David Einhorn Trying To Throw A Curveball?
Friday, July 1, 2011 - 9:08am | 320Read More...After news hit in late May that hedge fund honcho David Einhorn was in talks to buy a minority portion of the New York Mets, everyone believed the deal would get done relatively easy and soon. Not so, according to the New York Post. The deal was supposed to get done by yesterday, but it appears...
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Cathie Black Out As Head of NYC Schools
Thursday, April 7, 2011 - 11:31am | 141Read More...The Chancellor of New York City schools, Cathie Black, is stepping down, according to NY1. In this article from the NY Post, Black, 66, was on the job just four months. Black was a controversial choice by Mayor Bloomberg, when he was re-elected to a third term as mayor of New York City. Black...
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Taking The "Fun" Out Of Hedge Funds
Thursday, December 30, 2010 - 10:27am | 262Read More...On the precipice of another new year, the hedge fund industry is fighting to overcome its troubles of the last 12 months. The New York Post reports that in 2010, the average hedge fund closed up a mere 7.5%, compared with the average stock market indexes like the S&P 500 (NYSE: SPY), which is...
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Geithner Nets $5,300+ On LULU Investment
Friday, December 10, 2010 - 12:43pm | 123Read More...Lululemon Athletica's (NASDAQ: LULU) shares have soared on the news that US Treasury Secretary Timothy Geithner purchased $1,000 of Lululemon stock several years ago in an effort to teach his two kids about investing. Shares rose as much as 20% after results were released. The New York Post reports...
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Microsoft to Spend $1 Billion on Ads (MSFT)
Monday, October 18, 2010 - 2:25pm | 235Read More...Microsoft (NASDAQ: MSFT) is expected to spend $1 billion on advertising for its Wii-rival Kinect device, and its Windows Phone 7 roll-out. The Kinect is a motion-sensitive controller that works with the company's existing Xbox game system. Kinect uses a sensor, camera and microphone to detect...
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Warren Buffett Bullish on the U.S. Economy (BRK.A, BRK.B)
Tuesday, September 14, 2010 - 2:34pm | 218Read More...The New York Post is reporting that Berkshire Hathaway’s Warren Buffett is ruling out the possibility of a double-dip recession. He told the paper that companies owned by Berkshire are growing. "I am a huge bull on this country," Buffett, Berkshire's chief executive officer, said yesterday in...
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Interview with John Tamny - Real Clear Markets - Zing Talk (BKS, BGP, AMZN)
Tuesday, August 24, 2010 - 12:59pm | 1073Read More...John Tamny is the editor of RealClearMarkets, a senior economic adviser to H.C. Wainwright Economics, and a senior economic adviser to Toreador Research and Trading.John was nice enough to give Benzinga's Alex an interview. Download the mp3. Please subscribe to the Benzinga Podcast in iTunes. Could...
