Articles Written by:    JOE MANTONE     

Afternoon Reading: Cramer Predicts Icahn’s Yahoo Play, Sort Of

Who could have called Carl Icahn’s Yahoo play? Jim Cramer that’s who. TheStreet.com’s Brittany Umar reports that Cramer mentioned the possibility on TheStreet.com TV. “These guys don’t have control over it if the activists, if the Carl Icahns of the ...

From JOE MANTONE, Wall Street Journal,  14 May 2008
Related Topics: Microsoft Corporation,  Google Inc.

Afternoon Reading: H-P Attempts to Turn Three

An up-to-the-minute take on deals and deal makers. Cleveland Indians second baseman Asdrubal Cabrera (13) tags out Toronto Blue Jays’ Marco Scutaro to complete an unassisted triple play Hewlett-Packard with its $13.9 billion purchase of EDS pulled ...

From JOE MANTONE, Wall Street Journal,  13 May 2008
Related Topics: Hewlett-Packard,  Cleveland Indians,  Toronto Blue Jays,  Marco Scutaro,  IBM

A Look Back at EDS: From Ross Perot to Cowboys Herding Cats

An up-to-the-minute take on deals and deal makers. In 1962, Ross Perot quit working as a salesman for IBM and founded Electronic Data Systems when he incorporated the company in the state of Texas for $1,000. Perot’s goal was to start a company that ...

From JOE MANTONE, Wall Street Journal,  12 May 2008
Related Topics: Ross Perot,  IBM,  Electronic Data Systems,  Michael Jordan,  Perot Systems

Afternoon Reading: Bad Earnings Could Be Sweet Music to XM-Sirius

But the real question investors want an answer to: Will this be the last time the two satellite radio operators report as standalone companies? Silicon Alley Insider reports that XM believes it will be. In the meantime, the poor earnings work to ...

From JOE MANTONE, Wall Street Journal,  12 May 2008
Related Topics: XM Satellite Radio,  Federal Communications Commission,  Norman Pearlstine,  Carlyle Group,  Facebook Inc.

Icahn, Goldman Step Into Ring

An up-to-the-minute take on deals and deal makers. The activist shareholder is set to square off with Goldman in negotiations in Blockbuster Takes Over Circuit City, a deal that hasn’t received critical acclaim. Icahn, a Blockbuster director and its ...

From JOE MANTONE, Wall Street Journal,  12 May 2008
Related Topics: Legg Mason, Inc.

Time to Sell the Knicks?

An up-to-the-minute take on deals and deal makers. 23-59. The team’s seventh straight losing season. That tends to sting. Now Cablevision shareholders are feeling a bit of the sting, thanks to the Knicks and the business unit the team is a part of. ...

From JOE MANTONE, Wall Street Journal,  8 May 2008
Related Topics: Cablevision,  James Dolan,  Isiah Thomas,  New York Rangers

Afternoon Reading: Best Buy Going Euro; Carphone Going Telecom

An up-to-the-minute take on deals and deal makers. It’s smart that Best Buy is looking overseas since the American economy is contracting, but the deal does have its risks, writes Steve Goldstein of MarketWatch. “The major economies in Europe — ...

From JOE MANTONE, Wall Street Journal,  8 May 2008
Related Topics: Best Buy Co., Inc.,  J.P. Morgan Chase & Co.,  Michael Arrington

Healthcare M&A: Private Equity Taking Its Medicine

Can private-equity money help cure the ills of the pharmaceutical industry? One way to raise that money is by divesting businesses that arent core. And lo and behold, private-equity firms that cant find the debt to make giant acquisitions are very ...

From JOE MANTONE, Wall Street Journal,  7 May 2008
Related Topics: Bristol-Myers Squibb,  Standard Poor's

Afternoon Reading: Sprint Nextel Venture, a Dream or Disaster?

An up-to-the-minute take on deals and deal makers. It didn’t take long for an array of opinions to form about Sprint Nextel’s latest announcement — a $14.5 billion jount-venture with Clearwire attempting to deliver faster Internet service. Perhaps ...

From JOE MANTONE, Wall Street Journal,  7 May 2008
Related Topics: Facebook Inc.,  Microsoft Corporation,  US Airways,  Norman Pearlstine,  Legg Mason, Inc.

Afternoon Reading: Sprint Nextel ‘A Dangerous Exploding Supernova’

An up-to-the-minute take on deals and deal makers. Sprint Nextel has gone supernova. Qwest Communications is ditching Sprint for rival Verizon Wireless, writes Dan Frommer of Silicon Alley Insider. He says the goal for Qwest is to increase its ...

From JOE MANTONE, Wall Street Journal,  6 May 2008
Related Topics: John Carney,  Hillary Rodham Clinton

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