Word: mergers
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...News of the telecom merger and the WHA entry sent Taiwan stocks up over 6% on Wednesday. Global economists responded by immediately upgrading Taiwan's economic outlook; Goldman Sachs added 1% to its forecast for next year's growth rate to 3.5%. JP Morgan also said that the direct flights, tourists, and recent financial agreements are a key to Taiwan's long-term structural growth. "This will also open up a wave or mergers and acquisitions between companies in Taiwan and China," said Chow. "The next industry to watch will be financial industry." (Read about Chinese tourists in Taiwan...
...that the boards of the New York Times Co. and Yahoo! will not craft a merger. It would give the newspaper a larger audience and potentially better advertising income. It would allow Yahoo! to step away from using the Associated Press, the wire service whose news stories go out to thousands of media outlets around the world, making its product dumbed down for readers...
...merger won't happen. The Times Co. will have to cut off more fingers and toes. It will have to find a benefactor at some point soon. Perhaps the shadowy past of Mexican financier Carlos Slim, a Times Co. shareholder, can be swept under the rug long enough for him to step into the role. The company could create a document separating "church" from "state," which might keep Slim out of the newsroom like the provisions to hold Rupert Murdoch in check at Dow Jones...
...pillars, and threatening the recovery of an area battered by a series of hurricanes earlier this decade. Meanwhile, bankers in Charlotte, N.C., are awaiting their walking papers: No one knows how many of Wachovia's roughly 20,000 employees there will be cut in the company's merger with Wells-Fargo. Or how many of Bank of America's 15,000 Charlotte employees will survive the company's plans to shed some 35,000 jobs nationally in the coming years. "There's a whole lot of uncertainty, especially around Wells," says Bob Morgan, president of the Charlotte Chamber of Commerce...
...part because of “the exciting opportunity to help remake the department at a decisive new juncture.” According to Owen, the graduate program in comparative literature merged with the undergraduate concentration in literature three years ago, while he was still chair. Prior to the merger, the two programs had no tenure-track faculty of their own. In the fall, there will be four...