Filed under: Before the bell, Earnings reports, Deals, Rumors, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Apple Inc (AAPL), General Motors (GM), Boeing Co (BA), Carnival Corp (CCL), Tribune Co. (TRB), Research in Motion (RIMM), Dow Chemical (DOW), Eaton Corp (ETN)
Before the bell: Futures rise following Oracle’s earnings; ahead of data
Following the new emission laws, General Motors (NYSE: GM) stated the law could “hamper muscle cars.” Also, the Wall Street Journal reported that GM may sell its medium-duty truck unit to Navistar International.
Tribune Co. (NYSE: TRB) is bracing for the “Sam Zell era” as he’s set to take the ailing newspaper and TV company private with the expected closing of his $8.2 billion buyout as soon as Thursday.
According to Think Secret, Apple Inc. (NASDAQ: AAPL) and Think Secret have settled their lawsuit in a confidential, “amicable” settlement. While no sources were revealed, Think Secret will no longer be published. Bloggers lament ThinkSecret: TUAW and Engadget — if this is true, I wonder if Apple made the right move.
Research In Motion (NASDAQ: RIMM) is expected to post earnings of 62 cents a share in the third quarter. Cruise operator Carnival Corp. (NYSE: CCL) is also scheduled to report earnings this day.
Eaton Corp. (NYSE: ETN) said it’s planning to buy two firms in Europe and Asia to expand its electrical systems business outside the United Says. The deal is valued at as much as $2.8 billion.
Boeing Co. (NYSE: BA) stated Thursday it signed a 10-year agreement with India’s Hindustan Aeronautics Ltd. “targeting the transfer of more than $1 billion of new aerospace manufacturing work to India.”
The EU isn’t happy with Google Inc’s (NASDAQ: GOOG) planned takeover of rival DoubleClick for $3.1 billion, saying it would “harm European citizens through greater intrusion of privacy, the EU’s top consumer lobby BEUC stated on Thursday.”
The large three Internet companies, Microsoft Corp. (NASDAQ: MSFT), Yahoo Inc. (NASDAQ: YHOO) and Google have agreed to a combined $31.5 million settlement with the U.S. government for accepting ads promoting illegal online gambling, as well as to cease accepting ads for sports wagering and other on the web gambling.
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