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FAIRFIELD, Conn. - General Electric Co. said Friday it plans to sell or spin-off its century-old appliance business. The Fairfield, Conn., industrial conglomerate said in a statement the move is part of an ongoing plan to exit "slower growth and more volatile businesses." The company is planning...
Following are the day’s biggest winners and losers. Find out why shares of EMC Corp. and NVIDIA popped while Ctrip.com and China Digital TV dropped. POPS (stocks that jumped higher) EMC (EMC) popped 9%. Speculation Thursday that EMC may sell all or part of its majority stake in VMWare sent shares...
Times are tough at General Electric, but so is its chief executive. Jeff Immelt may be ready to hawk the conglomerate's iconic appliances division in a move to shift out of slow-growing lines of business. On Thursday, it was reported that General Electric (nyse: ) will sell its Louisville,...
There's tension inside NBC Universal this morning after yesterday's Natalie Morales interview with Angelina Jolie (where she revealed that yes, Brangelina is having twins). Wednesday's press release described the interview as appearing on both the "Access Hollywood" and "Today" shows (both NBC...
Billionaire investor plans to get Web icon to reopen takeover talks NEW YORK - Carl Icahn launched a proxy battle to force Yahoo Inc to reopen buyout talks with Microsoft Corp, the billionaire investor said in a letter to the Internet company on Thursday. Icahn has formed a 10-member rival slate...
RESTON, Va., May 15 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released its monthly analysis of U.S. consumer activity at the top online properties for April 2008 based on data from the comScore Media Metrix service.
8th annual summit will give media access to presentations normally reserved for private audiences Digital store of the future, social media and top 5 digital brands big on the agenda 8th Annual Avenue A / Razorfish Client Summit: Rock the Digital World WHAT Avenue A | Razorfish, one of the...
Apple Inc. has scooped up Time Warner Inc.'s HBO to feed television shows to its online iTunes store, reeling in one of the last holdouts among major channels and agreeing to a rare pricing concession to land hit shows like "The Sopranos," "Sex and the City" and "The Wire."
Giant $300 million pact to would include kids and adult brands, and would put Nickelodeon ahead of ESPN and Turner. May 15. 2008 12:33PMBy: Andrew Hampp, AdAge.com Nickelodeon's Kids and Family Group is close to wrapping one of the first major upfront deals of this year with Group M, according to...
But game failed to goose sales of Microsoft's Xbox 360 or Sony's PS3 "Grand Theft Auto IV" launched on April 29 and sold nearly 2.9 million copies in its first five days. SAN FRANCISCO - U.S. sales of video game hardware and software rose 47 percent from a year earlier, as Take-Two Interactive...
