Under The Radar News
-
Font Size:
-
Print
- TweetThis
- Online dating owner Spark Networks (LOV) is in early talks with suitors, including Yahoo (YHOO), IAC/InterActive's (IACI) Match.com and MySpace (NWS). LOV's market cap is $131.4M, but analysts say a suitor could pay as much as $185M.
- Liz Claiborne (LIZ) could announce as early as today the sale of its Ellen Tracy brand to private-equity firm American Capital Strategies. LIZ may also be looking to sell its Sigrid Olsen brand.
- Comerica Inc. (CMA) will issue a prepaid debt card aimed at 40 million Social Security benefits recipients who don't have bank accounts or who don't use them effectively.
- Most U.K.-based O2 stores are believed to have missed their iPhone (AAPL) targets by "some distance," with a typical store selling just one per week. There appears to have been an upturn recently, to one phone per day. Orange said Thursday it sold 70,000 iPhones since Nov. 28th.
- Sony BMG Music Entertainment, a JV between Sony (SNE) and Bertelsmann, wants to sell at least part of its music collection DRM-free. The move would follow similar ones by Warner Music Group (WMG) and Universal.
- Physicians say Bristol-Myers' (BMY) leukemia drug, Sprycel, causes "significant pleural effusions" leading to the discontinuation of treatments by almost 25% of patients. There appear to be "relatively few patients" who have had the complication with Novartis' (NVS) Gleevec.
- Sony's (SNE) Asia unit is considering a PlayStation Store subscription service. For a flat monthly fee, gamers would be able to play as many PS1 and PSP games as they want.
- AirTran Airways (AAI) Chairman Joe Leonard will resign in May. New CEO Robert Fornaro will take over. The news comes a few months after AAI lost a bid for MidWest Airways (MEH).
- UnitedHealth Group's (UNH) $2.4B takeover of Sierra Health (SIE) may require that UnitedHealth sell its Pacificare business.
Related Articles
|























