Highlights
A collection of news and information related to Mergers, Acquisitions and Takeovers published by Tribune Company sources.
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JPMorgan, Wells Fargo 3Q profits dip
From the Associated PressNEW YORK -- In the midst of one of the nation's worst credit crises, JPMorgan Chase & Co. and Wells Fargo & Co. managed to report better-than-expected third-quarter results today. But even two of the country's strongest banks proved they are not immune to...Tags: Credit and Debt, Investments, Lehman Brothers Holdings Incorporated, Bank of America Corp., Mortgages
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EBay expects 4th-qtr earnings to drop; cites business trends, acquisitions, job cuts
SAN JOSE, Calif. (AP) _ EBay Inc. expects its fourth-quarter earnings to drop, citing upcoming acquisitions and plans to cut 10 percent of its workforce. On Wednesday, eBay predicted a fourth-quarter profit of 25 cents to 27 cents per share. The...Tags: eBay Incorporated
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Enzo Biochem reports higher sales in 4th quarter
james.bernstein@newsday.comBoosted by two acquisitions in the past year and a half, Enzo Biochem Inc., a biotechnology company, said sales rose 18 percent in its fiscal fourth quarter, which ended July 31, compared with the same period last year. Enzo Biochem, which is based in...Tags: Biotechnology Industry, Biotechnology, Enzo Biochem Incorporated, Sales
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JPMorgan, Wells Fargo 3rd-quarter earnings fall on rising credit costs, but beat expectations
AP Business WriterNEW YORK (AP) _ In the midst of one of the nation's worst credit crises, JPMorgan Chase & Co. and Wells Fargo & Co. managed to report better-than-expected third-quarter results on Wednesday. But even two of the country's strongest banks proved they are...Tags: Credit and Debt, Investments, Lehman Brothers Holdings Incorporated, Bank of America Corp., Mortgages
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Planning to save the free market
Of The Associated PressBig banks started falling in line Tuesday behind a reworked bailout plan that was fast becoming more of a buy-in. The Bush administration announced it would fork over as much as $250 billion in exchange for partial ownership -- putting the world's bastion...Tags: National Government, Bank of New York Company, Financial and Business Services, Credit Ratings, J.P. Morgan Chase & Co.
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Government stake in banks is portrayed as last-resort move but has many historical precedents
Associated Press WriterWASHINGTON (AP) _ For all the thorny free-market issues raised, the big U.S. intervention in banks does have precedents — from wholesale wartime takeovers of entire industries to the seizing of hundreds of failed savings and loans in the 1980s. Most...Tags: Nationalization, National Government, Alexander Hamilton, Heads of State, Foreclosures
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Stern loses King of All Media crown
Tribune NewspapersHoward Stern, the self-proclaimed King of All Media, has lost his crown. The shock jock's syndicated morning radio show once drew a national audience of 12 million, but since he jumped to satellite radio three years ago, his listeners have dwindled to...Tags: Joan Rivers, Consumer Electronics Industry, Radio, Radio Industry, Regional Authority
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Howard Stern: The King Has Fallen
Los Angeles TimesHoward Stern, the self-proclaimed King of All Media, has lost his crown. The shock jock's syndicated morning radio show once drew a national audience of 12 million, but since jumping to satellite radio three years ago, his listeners have dwindled to a...Tags: Joan Rivers, Consumer Electronics Industry, Radio, Regional Authority, Radio Industry
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Big banks get behind bailout -- will it work?
The Associated PressBig banks started falling in line Tuesday behind a rejiggered bailout plan that will have the government forking over as much as $250 billion in exchange for partial ownership. Some early signs were hopeful for the latest in a flurry of radical efforts...Tags: U.S. Department of Treasury, National Government, Bank of New York Company, Bank of America Corp., Financial and Business Services
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IN BRIEF
United Auto Workers president Ron Gettelfinger said yesterday he would oppose a merger between General Motors Corp. and Chrysler Llc because it would cost workers their jobs. He said the UAW has not had formal discussions with either automaker about the...Tags: General Motors Corp., National Government, Ford Motor Co., AMR Corp., Government
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Early signs show some hope that bailout can work
The Associated PressBig banks started falling in line Tuesday behind a rejiggered bailout plan that will have the government forking over as much as $250 billion in exchange for partial ownership — putting the world's bastion of capitalism and free markets squarely...Tags: U.S. Department of Treasury, National Government, Bank of New York Company, Bank of America Corp., Government
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Power on Wall Street shifts to Washington
The Associated PressThe U.S. financial power center has shifted from Wall Street to Washington. Top executives from the nation's nine biggest financial companies apparently had no option when Treasury Secretary Henry Paulson unveiled a plan to partly nationalize the banking...Tags: Bank of New York Company, Bank of America Corp., Morgan Stanley Dean Witter & Company, Merrill Lynch & Company Inc., Citigroup Incorporated
Oct 15, 2008
|Story| Los Angeles Times
Oct 15, 2008
|Story| Associated Press
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|Story| Associated Press
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|Story| Allentown Morning Call
Oct 14, 2008
|Story| Associated Press
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|Story| Chicago Tribune
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|Story| Los Angeles Times
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|Story| Orlando Sentinel
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|Story| Newsday
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|Story| South Florida Sun-Sentinel
Oct 15, 2008
|Story| South Florida Sun-Sentinel
