Wall Street Journal Newspaper

Saturday, August 05, 2006

WALL STREET JOURNAL - Latest News - KKR group looks to win Philips chip unit

Report: Private equity firms to pay $10.3 billion for auctioned division. NEW YORK (Reuters) -- Private equity firms Kohlberg Kravis Roberts & Co. and Silver Lake Partners appear to have won an auction for Philips Electronics NV's semiconductor division, the Wall Street Journal reported, citing people familiar with the matter.

US Air-Delta talk has experts thinking airline mergers
As predicted, speculation about the next wave of airline mergers has been a hot topic this week following a Wall Street Journal report that US Airways CEO Doug Parker made a merger-related phone call to Delta. Nothing came of the...

Pharmaceutical Company Profits From Medicare Drug Benefit May Not Last
The Medicare prescription drug benefit "appears to be fueling the solid quarterly earnings reports from drug companies," the Wall Street Journal reports. The drug benefit has prompted increased use of medications -- total U.S. prescription volume in the month that ended on July 14 increased by 4.9% from a year earlier -- and has led to increased sales for large pharmaceutical companies. [click

(AFX UK Focus) 2006-08-02 04:46 GMT: KKR, Silver Lake close to deal for Philips chip ops - report
HONG KONG (XFN-ASIA) - Kohlberg Kravis Roberts & Co and Silver Lake Partners appear to have won the bidding for Philips Electronics NV's semiconductor division, the Wall Street Journal reported in its online edition, citing people familiar with the matter.

Report: Northrop navigation unit, Wyle Labs for sale
Two local defense companies are selling off operations. Northrop Grumman Corp. has put its navigation systems unit up for sale, and Wyle Laboratories Inc. is also for sale, according to Wall Street Journal reports.

Philips Shares Up on Report of Unit Sale
AMSTERDAM, Netherlands (AP) - Shares in Royal Philips Electronics NV jumped Wednesday following reports that the company is close to a deal to sell its semiconductor division to a U.S. private equity consortium for more than $10 billion.The company's stock rose more than 4 percent to 26.22 euros ($33.56) in Amsterdam trading after The Wall Street Journal and The New York Times reported that

Wall Street Journal on Game Trainers
The Wall Street Journal recently ran a story about an interesting pro-gaming cottage industry: Pro-gaming trainer. The story looks mostly at 18-year-old game tutor Tom Taylor who runs...

Ahead of the Bell: Ford Motor Co.
Ford Motor Co. is hiring a former mergers-and-acquisitions investment banker to review some of the company's weak operations -- such as the Jaguar brand -- which could lead to an asset sale or an alliance with another company, the Wall Street Journal reported Wednesday.

Report: Brooks says ex-CEO signed false document
In a regulatory filing, Brooks Automation acknowledges that its former CEO signed a false document enabling him to exercise an option to buy 225,000 shares even though the option had already expired, according to reports by Reuters and the Wall Street Journal.

WALL STREET JOURNAL - Latest News - On the Wall Street Journal's Immigration Position

RedState, VA - Jul 10, 2006Today's Opinion Journal (the online mouthpiece of the Wall Street Journal included a piece called Conservatives and Immigration that amounts, in the eyes of ...

Wall Street Journal to Sell Ads on Front Page
Marketing Vox News - Jul 19, 2006Media buyers speculated that the ad could fetch anywhere from $75,000 to somewhere in the low six figures. The journal is offering ...

WMG To Offer DVD Albums
FMQB, NJ - 13 hours agoSources tell the Wall Street Journal that the DVD albums will include the record in stereo and surround-sound mixes, video extras and links to more options ...

Wall Street Journal claims AOL might offer ISP services for free
TechWhack, India - Jul 6, 2006The Wall Street Journal has reported that Time Warner�s AOL unit is considering offering its services for free to customers who already have a high-speed ...

Wall Street Journal reports on Tanner & Haley bankruptcy
Helium Report, CA - Jul 29, 2006"Bankruptcy Trouble in Paradise" is the lead story for the Money & Investing section of today's Wall Street Journal (page B1; subscription required). ...

The Source of Prices
Ludwig von Mises Institute, AL - 20 hours ago... never have visited Auburn, but something tells me he wouldn't have put this institute any other place." Kyle Wingfield, Wall Street Journal Europe, August 4 ...

Friday, August 04, 2006

WALL STREET JOURNAL - Latest News - Madison Dearborn's Cinemark in talks to buy rival

(Crain's) - Movie theater chain Cinemark Inc., a holding of Chicago-based private equity firm Madison Dearborn Partners LLC, is in talks to acquire rival Century Theatres Inc., according to a published report. Citing unnamed sources, The Wall Street Journal reported in Thursday's editions that ...

Wall Street Journal Examines Reimportation Of U.S. Drugs From Canada, Increased Number Of Seizures By Customs Officials
The Wall Street Journal on Monday examined how thousands of U.S. residents are having their prescription drug orders from Canada seized as a result of a policy change last November that some lawmakers and other critics allege is "intended to protect U.S. drug makers' sales at high domestic prices." In the past, U.S. [click link for full article]

Comment on this story. Disciplining others kids: Is it better to speak up or mind own business? Friday, August 4, 2006
If you see someone elses kid doing something wrong, do you speak up? Or stay silent in the belief that its none of your business?

Lieberman's Rival Lamont Widens Lead in Latest Poll
Connecticut Democrats are increasingly likely to nominate the antiwar novice for senator. But the incumbent has an advantage in November.

Software Giants Seek Friends Among Hackers
Carl Bialik from WSJ writes "Big tech companies are engaging in a full charm offensive at the Black Hat hacker conference as they seek to convince hackers and security researchers to work with, not against, them, the Wall Street Journal reports. Among those being courted: HD Moore. The suitor is his erstwhile foe, Microsoft. From the article: 'Microsoft plans to wine and dine Mr. Moore at a party

ONLY 0.14%
Ford Motor made the announcement the same day The Wall Street Journal reported that the car company, which had a $123 million second-quarter loss, is starting a review of poorly performing units, including Jaguar, with an eye toward the possible sale of some operations.

More Retail-Based Clinics Reach Agreements With Traditional Providers
The Wall Street Journal on Wednesday examined how an increased number of traditional health care providers -- "driven by the threat of new competition, the opportunity to recruit new patients" and quality of care issues -- have begun to compete with and enter agreements with retail clinics -- low-cost, walk-in facilities often located in supermarkets, pharmacies and large retail stores. [click

WALL STREET JOURNAL - Latest News - LA Times to start selling ads on some section front pages

San Jose Mercury News, USA - Aug 1, 2006... Times will soon start selling advertising on some section front pages, joining other papers including The New York Times and The Wall Street Journal that are ...

Des Moines stories fill the Wall Street Journal
DesMoinesRegister.com, IA - Jul 27, 2006Wednesday must have been Des Moines day in the Wall Street Journal. Three stories in the Journal were about or mentioned Des Moines ...

Heard on the Street: Southeast banks weather hurricanes
Pittsburgh Post Gazette, PA - 15 hours agoBy Valerie Bauerlein and Stephanie Chen, The Wall Street Journal. The share price of Whitney Holding Corp., which is based in New ...

Contact Solutions
Forbes - 15 hours ago... wearers everywhere. A front-page article in The Wall Street Journal trumpeting the problem didn't exactly ease fears either. The ...

Napster Membership Declines Seven Percent
Digitaltrends.com, OR - 14 hours ago... Napster isn't counting university subscription in quite the same way as other paid subscribers: a recent report in the Wall Street Journal indicates student ...

Thursday, August 03, 2006

WALL STREET JOURNAL - Latest News - Latest News

HONG KONG (XFN-ASIA) - China's filling of its first-ever strategic oil stockpile will be a gradual process and should not affect global oil prices in a significant way, the Wall Street Journal quoted a senior Chinese government official as saying.

Dow closes up 74, Nasdaq finishes up 17
Investors put their interest rate worries on hold and sent stocks higher Wednesday after strong earnings reports from Time Warner Inc. and Procter & Gamble Co. restored some of the market's flagging confidence.

The New Media Elite
The Wall Street Journal recently released the New-Media Power List (subscription may be required), which includes a lot of unknowns and amateurs who have used social-networking sites like YouTube and MySpace to become the new media elite. WSJ's John Jurgensen...

Owner Of Dole Foods Invests $1B In Health Ventures
The Wall Street Journal on Friday profiled Dole Food owner David Murdock, who is "spending more than $1 billion of his personal fortune on ventures that combine his commercial interests with his zeal to spread the gospel of good health." Murdock, 83, made billions of dollars throughout his career by investing in real estate and in private and public companies, among other ventures. [click link

Paper: Ford Reviewing Jaguar Brand, Other Operations
According to the Wall Street Journal, Ford is looking at divisions such as Jaguar, with the possibility of selling or joining with other companies.

Wednesday, August 02, 2006

WALL STREET JOURNAL - Latest News - Ford reviewing operations like Jaguar: report

Ford Motor Co. is launching a strategic review of operations such as the Jaguar brand, that may lead to asset sales or alliances with other companies, the Wall Street Journal reported on Wednesday, citing people familiar with the situation.

(AFX UK Focus) 2006-07-31 11:30 GMT: Northrop unit, Wyle Laboratories up for sale - report
LONDON (AFX) - The navigation systems division of defence contractor Northrop Grumman Corp and engineering company Wyle Laboratories are up for sale according to a report in the Wall Street Journal citing people briefed on the sales.

Carlyle plans to start hedge fund: report
NEW YORK (Reuters) - Private equity firm Carlyle Group CYL.UL plans to start a hedge fund to trade stocks and bonds, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

SanDisk to buy Msystems for $1.55 billion
Blog: The Wall Street Journal reports that California-based SanDisk has agreed to buy Israel-based Msystems for stock currently valued...

ABC pulls Gibson's Holocaust miniseries
The network walked away from the project after two years without a script, the Wall Street Journal reported.

Fair Pay... or Foul Play?
Executive pay is a hot-button issue in the corporate world but the debate over compensation is playing out in the arts arena as well. We look at the disparity in salaries between top arts executives and rank-and-file musicians -- and whether that's even a problem. Joining us is Wall Street Journal reporter Jacob Hale Russell, and with Jesse Rosen, vice president and chief program officer of the

ABC pulls Mel Gibson Holocaust miniseries: report
The ABC television network has pulled a miniseries about the Holocaust it was developing with Mel Gibson's production company, the Wall Street Journal reported on Tuesday, quoting an unidentified representative for the network.

The New Media Elite
The Wall Street Journal recently released the New-Media Power List (subscription may be required), which includes a lot of unknowns and amateurs who have used social-networking sites like YouTube and MySpace to become the new media elite. WSJ's John Jurgensen...

WALL STREET JOURNAL - Latest News - KKR, Silver Lake appear to win Philips unit -paper

Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.

European Stocks May Rise; BNP Paribas, BMW May Gain on Earnings
Aug. 2 (Bloomberg) -- European stocks may advance after U.S. equity indexes rebounded from where European markets closed yesterday.

/ Wall Street Journal Exclusive
BEIJING -- New rules issued by China's telecommunications regulator could create significant complications for foreign Internet companies operating in China as well as for Chinese Internet companies listed overseas, lawyers and analysts said.

U.S. Stocks Fall as Inflation Data Signals Fed May Raise Rates
Aug. 1 (Bloomberg) -- Inflation concerns dragged down U.S. stocks for a second day after reports on consumer spending and manufacturing revived speculation that the Federal Reserve may keep raising interest rates.

Tuesday, August 01, 2006

WALL STREET JOURNAL - Latest News - FDA Could Allow Over-the-Counter Plan B

The FDA ended delays and, on the eve of a confirmation battle, moved to allow over-the-counter sale of "morning after" contraceptives. (Video)

FDA Could Allow Over-the-Counter Plan B
The FDA ended delays and, on the eve of a confirmation battle, moved to allow over-the-counter sale of "morning after" contraceptives. (Video)

Reynolds Is NFL-Commissioner Candidate
Fidelity's No. 2 executive is on the shortlist of candidates to become NFL commissioner.

Santa Fe Pines for Dying Piñon Trees
The piñon tree has long been an established part of the Southwest, but a lot of them are now dead. Ground zero of the destruction is Santa Fe, where an estimated four million of the trees have died.

ABC Drops Gibson Miniseries
ABC pulled the plug on a miniseries about the Holocaust that it was developing with Mel Gibson's production company, after the actor allegedly made anti-Semitic remarks when he was arrested last week.

Fed Back in Focus
The Dow industrials fell 34.02 points to 11185.68 Monday as attention swung from quarterly earnings results to the Fed's plans for interest rates. Oil prices jumped amid the escalating violence in the Mideast.

WALL STREET JOURNAL - Latest News - ABC Drops Gibson Miniseries

ABC pulled the plug on a miniseries about the Holocaust that it was developing with Mel Gibson's production company, after the actor allegedly made anti-Semitic remarks when he was arrested last week.

U.K., California to Research Clean Energy
Britain and California will collaborate on clean-energy technology and market-based ways to stem greenhouse-gas emissions.

Reynolds Is NFL-Commissioner Candidate
Fidelity's No. 2 executive is on the shortlist of candidates to become NFL commissioner.

Jury Selection to Start in Vioxx Trial
Jury selection was set to start in the second federal trial accusing Merck of hiding information that its blockbuster painkiller Vioxx could block blood vessels.

Castro Transfers Power to Brother
Castro transferred power temporarily to his brother Raul and said in a letter read on Cuba TV that he'll have intestinal-bleeding surgery.

Exelon, PSEG Sweeten Offer to New Jersey
Exelon and Public Service Enterprise Group boosted to $600 million the value of benefits they offered to PSEG's New Jersey customers in a final effort to win state approval for the deal.

Monday, July 31, 2006

WALL STREET JOURNAL - Latest News - BOOKS (Compiled by The Wall Street Journal)

South Coast Today - 2. "The World Is Flat: A Brief History of the Twenty-first Century" by Thomas L. Friedman (Farrar, Straus and Giroux) 3. "Conservatives Without Conscience" by John Dean (Viking) 4. "Freakonomics" by Steven D. Levitt, Stephen J. Dubner (William Morrow

Collecting vacation pay very unlikely
News-Press - The Wall Street Journal-sponsored survey found that 44 percent of respondents were "totally" or "very" satisfied in their careers. The Journal's executive career guide, CareerJournal.com, matched up these traits with government data and information

Piece of Barre history for sale
Burlington Free Press - Real estate broker John Biondolillo said he's advertising the property in the Boston Globe, New York Times and Wall Street Journal, as well as local newspapers. He said marketing the firehouse to such a diverse audience might bring in unique ideas

AOL to launch internet video portal
Forbes - HONG KONG (XFN-ASIA) - AOL said it will start an Internet video portal featuring user-generated content as well as programming from a number of cable networks, including MTV, Nickelodeon and A&E, the Wall Street Journal reported in its online edition

Reuters Business Summary
Washington Post - CHICAGO (Reuters) - US Airways Group Inc.'s chief executive called Delta Air Lines Inc.'s CEO this summer to gauge his interest in a possible merger, the Wall Street Journal reported on Saturday, citing people familiar with the

RUMSFELD AN UNMITIGATED DISASTER IN DISASTER-PRONE ADMINISTRATION
Niagara Falls Reporter - He's been covering the Pentagon -- first for the Wall Street Journal and now the Post -- for 23 years. He has a deep and abiding respect for the military. His criticism -- richly researched and comprehensive -- is an important contribution to our

Magic runs thin in a modern tale
Los Angeles Times - Merle Rubin is a critic whose work has appeared in several publications, including the Wall Street Journal and the Christian Science Monitor.

Hotels cater to female business travelers
Miami Herald - When 52-year-old Walker-Lee checks in, she finds a copy of the Wall Street Journal -- which management has noted she always reads -- at her bedside, a robe waiting in the bath, and chocolate chip cookies, M&M's and diet soda in the refrigerator

Sunday, July 30, 2006

WALL STREET JOURNAL - Latest News - (AFX UK Focus) 2006-07-28 11:49 GMT: US Dept of Transportation investigates 2 BP Alaska oil field valves - report

LONDON (AFX) - The US Department of Transportation said it is investigating allegations by some workers that two safety valves at BP PLC's oil field in Prudhoe Bay, Alaska, were not working when a large oil leak associated with the pipeline occurred in March, the Wall Street Journal reported.

Class aptent taciti sociosqu ad litora torquent per conubia nostra
Take steps to protect confidential information A South Florida hospital's workers are put at risk for identity theft when a financial services firm's laptop computers are stolen. A government agency's Boca Raton office is broken into and laptops, with investigative interviews, are nabbed.

Brokerage Trading Getting Cheaper
If you mutter in annoyance each time you pay your brokerage $30 to buy or sell stocks, here's some cause for celebration: Brokerage trading fees have been falling, according to a recent report from Jane Kim in The Wall Street Journal.

British filmmaker detained in Karachi
Karachi: Police Saturday detained a British filmmaker here for filming video footage for a documentary on slain Wall Street Journal reporter Daniel Pearl.