FCC news lifts Tribune stock, buyout hopes
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NEW YORK - Tribune Co. , the US newspaper publisher being taken private, rose in New York Stock Exchange trading on optimism billionaire financier Sam Zell will get regulatory approval to complete the $8.2 billion buyout.
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Newspaper and television station owner  Tribune Co. TRB.N on Wednesday said third-quarter earnings  would lag Wall Street estimates because of lower-than-expected  publishing and broadcasting revenue.
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The Tribune Company said it had taken steps that could lead to the sale of any or all of its 11 newspapers and 25 television stations.
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Stock futures rose slightly on Thursday, lifted by takeover news before economic data that could give clues on the outlook for interest rates.
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A rumored $40 billion buyout of the aluminum company sent the Dow, Nasdaq and S&amp;P upwards.
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NEW YORK, July 23 -- Stocks rebounded Monday after a fresh round of buyout news offered evidence that Wall Street's penchant for dealmaking has not disappeared.
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Who knows what&#8217;s going to happen to the Tribune Company (as it tries to sell itself). But for the time being it has taken a good step (about time) in starting to leverage Topix.net&#8217;s numerous strengths. As you may remember, Tribune, Gannett and KnightRidder (now McClatchy) bought a 75% stake in Topix in March of [...]
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Shares in UK pay-TV company BSkyB (BSY.L: Quote, Profile, Research) rose on hopes of a buyout on Wednesday after media mogul Rupert Murdoch spoke of buying out minorities in his News Corp.
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Sirius Satellite Radio  and XM Satellite Radio  shares jumped on Tuesday after the companies announced a merger plan, although a top regulator said the deal would face a tough review.
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U.S. stocks rose on Monday as a flurry of corporate deal news fueled optimism about the economic outlook, but caution a day before the Federal Reserve's final meeting of the year limited a broader market advance.
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NEW YORK -- Media group Tribune Co. is weighing a proposal from Chicago real estate magnate Sam Zell, who sold his office development company earlier this month in the biggest leveraged buyout ever, according to The New York Times .
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Media group Tribune Co has agreed to  pay $15 million in a settlement with federal prosecutors after  two of its newspapers, Newsday and Hoy, admitted to inflating  circulation numbers.
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Stocks rose on Tuesday, helped by another round of proposed takeovers and a report showing a stronger-than-expected reading in consumer confidence.
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U.S. stocks rose on Monday, with  investors betting on good earnings news as the fourth-quarter  reporting season kicks off, while cable operator Comcast Corp.  CMCSA.O helped lift the S&P 500 and the Nasdaq with a 2  percent climb.
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Shares of Time Warner Inc rose 2 percent on Tuesday after a report that the world&#39;s largest media company was near a settlement with regulators that could limit potential
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Tribune Co. said last night it would unwind partnerships with its biggest shareholder, the Chandler family trusts, and look for ways to lift the stock price.
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Sirius Satellite Radio  and XM  Satellite Radio  shares jumped on Tuesday after the  companies announced a merger plan, although a top regulator  said the deal would face a tough review.