About
Sightings on markets and companies from the FT's financial news editor. Started out in hot-metal era as copyboy on Adelaide News. Views my own, not the FT's.
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after tumblr? @thelexcolumn floats the idea tha Yahoo should do a reverse merger with Twitter ft.com/cms/s/3/6f4e6c…
Yahoo: Tumblr is not enough
ft.com — Finally a Yahoo acquisition worth our attention. Two months ago the internet pioneer spent $30m on mobile app Summly to show the world it was refashioning itself to be young (recall the Summly founder was teenager), innovative, and attuned to a
great press release writing: Yahoo on tumblr's independence: "we promise not to screw it up" h/t @aksqprfc pressroom.yahoo.net/pr/ycorp/24619…
@EdConwaySky back now i think..fingers crossed
Yahoo's tumblr deal makes more sense if @karaswisher is right in saying the site's revenues will hit $100m this yr allthingsd.com/20130519/yahoo…
Yahoo Tumblrs for Cool: Board Approves $1.1 Billion Deal as Expected
allthingsd.com — The Yahoo board has approved a massive $1.1 billion deal to buy Tumblr. Sources close to the board said the deal was a foregone conclusion and was an unanimous vote by the Silicon Valley Internet giant.
World's most expensive bank? Commonwealth Bank of Aus says UBS. Trades at 3.6x book blogs.wsj.com/moneybeat/2013…
World’s Most Expensive Bank is Down Under, Says UBS
blogs.wsj.com — By Caroline Henshaw Quiz question: What is the world's most expensive bank? Analysts at UBS think the answer is Commonwealth Bank of Australia , having crunched numbers like its price-earnings ratio or book value and compared them to global peers such as Citigroup Inc. or HSBC Holdings PLC.
The rising corporate governance clout of BlackRock and Michele Edkins - good piece by @susannecraig nytimes.com/2013/05/19/bus…
BlackRock, a Shareholding Giant, Is Quietly Stirring
nytimes.com — AT 11 a.m. on a Wednesday earlier this month, Michelle Edkins and her team began wheeling extra chairs into a cramped conference room in a San Francisco office tower, preparing for the corporate-governance equivalent of speed dating. Once settled, Yumi Narita started describing the disappointing qualities of a big entertainment company she'd been checking out.
Global equities have just seen the biggest mid-cycle re-rating in 40 years says Rob Bckland in this @johnauthers col ft.com/cms/s/0/c40cfe…
Stock market optimism on this scale is hard to explain
ft.com — Here is a conundrum. Stock markets are rallying. Companies have never been worth so much. Yet the earnings season of the past month or so has revealed little growth in corporate bottom lines, and no growth at all in top-line sales. Why? Stock market
RT @MattGoldstein26: AP chief says phone probe makes news sources reluctant to talk reut.rs/11PdvqC via @reuters
AP chief says phone probe makes news sources reluctant to talk
reuters.com — Credit: Reuters/Adrees Latif A couple walk past the offices of the Associated Press in Manhattan, New York May 13, 2013. "Officials that would normally talk to us and people we talk to in the normal course of news gathering are already saying to us that they're a little reluctant to talk to us," Pruitt said on CBS's "Face The Nation" program.
RT @footballistix: Arsenal's record after Villas Boas claimed "they are in a negative spiral in terms of results" after the North London De…
That was so tense..thank you #AFC
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