Invisible Insurrection

EBay to sell Skype to private investors: report (Reuters)

August 31, 2009 by admin · Leave a Comment 

Reuters - Internet auction and services company EBay Inc has reached a deal to sell its online telephony unit Skype to a group of private investors, the New York Times said, citing two people briefed on its plans.

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EBay to sell Skype to private investors: report
(Reuters)

Late Labor Day seen pulling down August sales (Reuters)

August 31, 2009 by admin · Leave a Comment 

Reuters - U.S.

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Late Labor Day seen pulling down August sales
(Reuters)

China shares stabilize on PMI data, Aussie firm (Reuters)

August 31, 2009 by admin · Leave a Comment 

Reuters - Chinese shares stabilized on Tuesday after Monday’s rout, helped by upbeat economic data, while the Aussie dollar firmed on expectations the central bank could shift to a tightening bias later in the day.

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China shares stabilize on PMI data, Aussie firm
(Reuters)

BofA offering to repay part of bailout: report (Reuters)

August 31, 2009 by admin · Leave a Comment 

Reuters - Bank of America is offering to repay part of the U.S. government bailout money, starting with the $20 billion it received in January to help with the acquisition of Merrill Lynch & Co, the Wall Street Journal reported on its website late on Monday.

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BofA offering to repay part of bailout: report
(Reuters)

Disney to acquire Marvel in $4 billion deal (Reuters)

August 31, 2009 by admin · Leave a Comment 

Reuters - Walt Disney Co on Monday agreed to buy Marvel Entertainment Inc for $4 billion in the year’s biggest media deal, banking on Marvel’s pantheon of superheroes to broaden its lineup of movie franchises that appeal to boys.

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Disney to acquire Marvel in $4 billion deal
(Reuters)

Judge rejects Schering-Plough tax refund request (AP)

August 31, 2009 by admin · Leave a Comment 

AP - A federal court in Newark, N.J. has rejected Schering-Plough Corp.’s request for a $473 million tax refund related to the drugmaker’s efforts to avoid paying taxes on $690 million in overseas profits it brought back to the U.S. from offshore subsidiaries.

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Judge rejects Schering-Plough tax refund request
(AP)

Yahoo board member Icahn trims stake (Reuters)

August 31, 2009 by admin · Leave a Comment 

Reuters - Yahoo Inc board member Carl Icahn has cut back his stake in Yahoo, selling nearly 13 million shares since last Thursday, according to a regulatory filing on Monday.

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Yahoo board member Icahn trims stake
(Reuters)

Boeing names Albaugh to head commercial plane unit (Reuters)

August 31, 2009 by admin · Leave a Comment 

Reuters - Boeing Co , which has experienced a series of embarrassing and costly delays on the long-awaited 787 Dreamliner, said on Monday that Scott Carson, the head of its commercial airplanes division, is retiring and will be replaced by Jim Albaugh, effective on Tuesday.

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Boeing names Albaugh to head commercial plane unit
(Reuters)

China Life Falls To 10-Week, Forms Flat Base (Investor’s Business Daily)

August 31, 2009 by admin · Leave a Comment 

Investor’s Business Daily - China Life Insurance is a mega-cap stock that’s slowly made its way back to a key moving average.

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China Life Falls To 10-Week, Forms Flat Base
(Investor’s Business Daily)

U.S. judge rules against AIG in Starr case (Reuters)

August 31, 2009 by admin · Leave a Comment 

Reuters - A U.S. judge on Monday ruled against American International Group in the giant insurer’s legal battle with Starr International Co, affirming a July jury verdict that Starr did not breach a trust.

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U.S. judge rules against AIG in Starr case
(Reuters)

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