Executives of Sirius Satellite Radio are again hinting at a potential merger with XM Satellite Radio that they say would bring strong gains for investors.
Their statements boosted the stock prices of Sirius and XM this week, though both settled by the end of trading yesterday
TORONTO, Dec. 5 /PRNewswire-FirstCall/ - IMAX Corporation (Nasdaq: IMAX - News; TSX: IMX - News) and Lark International Multimedia (LMM) today announced an agreement to expand an existing theatre deal with the installation of a seventh IMAX MPXÃƒâ€šÃ‚Â® theatre system at a multiplex in The People's Republic of China.
Gateway was awarded a $1.6 million contract with the United Independent School District in Texas where it will provide middle school students in the district with more than 1,000 convertible notebooks for use with day-to-day instruction and online testing, the company said Wednesday.
Gateway, Inc., the nation's third-largest PC company, is earning high marks with the announcement of a $2.2 million agreement with the Illinois State Board of Education. As part of the contract, Gateway will provide convertible notebook PCs and support services to five Illinois school districts for the state's Technology Immersion Pilot Project.
Yesterday, IMAX (Nasdaq: IMAX) -- you know, the company behind those gargantuan movie screens -- saw its stock soar 11% higher on more than three times its usual volume. Yesterday happened to be the first day that IMAX traded more than a million shares since its latest debacle four weeks ago, when the stock was rocked after a dreadful third-quarter showing.
Johns wrote a great article on Pfizer and their recent restructuring plans. It looks like they have no real direction and are just trying to do whatever they can to prepare for their patent expiration in 2011. They are going to cut $3billion dollars in expenses by 2008. Seems to me that they should be focused on creating their next drug, not cutting jobs.
NFL quarterback Tom Brady has sued Yahoo Inc. over using his image to advertise its fantasy football service without his consent.
I don't understand why he is getting so upset, doesn't he have enough money already? He is a celebrity, his picture will be everywhere. Now I wonder how much Yahoo will have to shell out to fix this.
This is an interesting article relating to the death of the desktop. The consensus in the article is that people are shying away from bulky desktops and moving towards the small, sleek and portable laptops with names such as Ferrari and Aurora. What is causing the shift?
There has been a lot fo rumors regarding a merger between XM and Sirius Satellite Radio, most of which have been fueled by Mel Karmazin. But today, XM's spokespeople downplayed the talks of a potential merger, leaving one to question what has really been discussed between the two.
"We are focused on growing our business cost effectively," says XM spokesman Chance Patterson.