From: Voxant Newsroom on Fri, Jul 08 2011 1:06 AM

It was right around dinner time when a powerful storm moved through part of Monroe County and left a mess behind.

From: Voxant Newsroom on Fri, Jul 08 2011 1:06 AM

Disney’s (NYSE:DIS) ABC has sold the online rights to "One Life to Live" and "All My Children," two long-running soap operas scheduled to go off the air this fall, as part of a deal with Prospect Park, a TV, film and music company. The soaps may pick up where they left off on a TV-focused online...

From: Voxant Newsroom on Fri, Jul 08 2011 1:06 AM

Target (NYSE:TGT) announced that its June same-store sales rose 4.5%, ahead of consensus estimates of 3.2%. The company said its total sales for the five weeks ended July 3 rose by 5.7% to $6.26 billion.Target has a potential upside of 23.7% based on a current price of $48.44 and an average cons...

From: Voxant Newsroom on Fri, Jul 08 2011 1:06 AM

Citigroup maintained its buy rating and $66 price target for Accenture (NYSE:ACN) and said that the company will be added to S&P500 Index.The bank sees 2011 EPS of $3.39, vs. consensus estimates of $3.37 per share, and 2012 EPS of $3.83, vs. consensus estimates of $3.77 per share.Accenture has a...

From: Voxant Newsroom on Fri, Jul 08 2011 1:06 AM

Citigroup (NYSE:C) is planning to seek initial bids for EMI Group by the end of the month or in early August, and is looking to complete the sale in "a couple months". Sony (NYSE:SNE) and BMG Rights Management have expressed interest in buying EMI, and Len Blavatnik who is leading the acquisitio...

From: Voxant Newsroom on Fri, Jul 08 2011 1:06 AM

This is what’s in the news for Thursday, July 7th. The Wall Street Journal reports that Christine Varney, the assistant attorney general who led the Obama administration's drive to reinvigorate antitrust enforcement, plans to step down next month to join law firm Cravath, Swaine & Moore. He...

From: Voxant Newsroom on Fri, Jul 08 2011 1:06 AM

Exciting news in economic data today….The Labor Department reported that people applying for unemployment benefits fell last week to the lowest level in seven weeks. Applications for benefits dropped by 14,000 to a seasonally adjusted 418,000.Claims for the prior week were revised up to 432,000 f...

From: Voxant Newsroom on Fri, Jul 08 2011 1:06 AM

On December 9, 2008, The U.S. Federal Reserve loaned $15 billion to Goldman Sachs (NYSE:GS), the biggest single loan from a lending program. The details were not released until Wednesday, July 6.The program, which reached $80 billion in loans outstanding was recognized as the Fed’s single-tranch...

From: Voxant Newsroom on Fri, Jul 08 2011 1:06 AM

Apple Inc. (NASDAQ:AAPL) reported on Thursday that consumers downloaded about 15 billion apps from its App Store to date.The company said the apps were downloaded by users of its iPhone, iPad and iPod mobile devices. Apple has paid app developers over $2.5 billion to date.Apple has a potential u...

From: Voxant Newsroom on Thu, Jul 07 2011 11:21 PM

NYSE Euronext (NYSE:NYX) announced that its shareholders have approved the adoption of the business combination agreement with Deutsche Boerse (PINK:DBOEF) and related proposals. The proposals, which required approval by a majority of the outstanding shares or in some cases majority of shares vo...

From: Voxant Newsroom on Thu, Jul 07 2011 11:08 PM

California Pizza Kitchen (NASDAQ:CPKI) and Golden Gate Capital announced the successful completion of the previously announced acquisition of the Company by an affiliate of Golden Gate Capital for $18.50 per share in cash, or approximately $470M in the aggregate.The depositary has inform that, a...

From: Voxant Newsroom on Thu, Jul 07 2011 11:08 PM

News Corp. (NASDAQ:NWSA) announced that it plans to close the U.K. newspaper News of the World. The publication has been stunned with allegations that an employed private investigator of the company hacked the voice mails of actors, crime victims, and politicians among others.News of the World i...

From: Voxant Newsroom on Thu, Jul 07 2011 11:08 PM

EXCO (NYSE:XCO) Chief Executive Officer, Douglas Miller dropped a buyout offer to $18.50 from $20.50 a share.Miller has submitted a downwardly revised buyout offer to the company, citing people with knowledge of the matter. The new offer is valued at $18.50 a share, and adds a stock component, w...

From: Voxant Newsroom on Thu, Jul 07 2011 11:08 PM

Last March, Amazon (NASDAQ:AMZN) announced that customers who are subscribed to The New York Times (NYSE:NYT) would soon be able to obtain access to the Times' website as part of their subscription.Now with complete access available, Kindle subscribers are permitted to online coverage of ar...

From: Voxant Newsroom on Thu, Jul 07 2011 11:08 PM

Food manufacturer, Sara Lee Corp. (NYSE:SLE) appointed Maria Henry as Chief Financial Officer of North American operations and will also serve as the financial chief of Sara Lee’s follow-up of international coffee and tea business starting next year. Henry succeeds Aaron Alt who was assigned as ...

From: Voxant Newsroom on Thu, Jul 07 2011 11:08 PM

According to Live Nation’s (NYSE:LYV) largest shareholder the company could benefit by going private.The entertainment company, which has been struggling due to the weak economy possibly will turn around its business efficiently with a private company.Media mogul John Malone commented, "There ar...

From: Voxant Newsroom on Thu, Jul 07 2011 10:56 PM

the fires that have been burning across the state have put a serious strain on the red cross. our cristina rodda spoke with the organization about the challenges the past few weeks have brought. the las conchas fire ... the wallow fire, the track fire near raton, the ruidoso fire, plus — t...

From: Voxant Newsroom on Thu, Jul 07 2011 9:10 PM

Businesses Ready for Blue Angels Weekend

From: Voxant Newsroom on Thu, Jul 07 2011 8:58 PM

Financial Times media editor Andrew Edgecliffe-Johnson discusses the end of the News of the World.

From: Voxant Newsroom on Thu, Jul 07 2011 7:05 PM

Pharmaceutical company, GlaxoSmithKline (NYSE:GSK) plans to cut 130 jobs in Waterford, Ireland. The company currently employs 700 staff members at the Waterford facility.As part of the move, 48 jobs will be lost to the company’s Panadol unit in Spain.The jobs will be cut between now and 2014.Gla...