Viacom will, in our view, benefit from substantial consolidator economics over the next 12 to 18 months and a larger component of more-recession-resistant local advertising, as opposed to national advertising.
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From a hardware standpoint, the largest exposure outside of Sony itself is Microsoft, which could benefit if the company is able to overcome supply problems with Xbox 360.Merrill Lynch
Congressional pressure is one of the factors underlying the Bush administration's leverage on China to allow foreign exchange flexibility.
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The combination of the two rulings re-affirms our view that the majority of challenges to composition of matter patents are speculative and unlikely to be successful.
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Ironically, it does not appear to be from the commodity corner as many believe, but instead from the labor-related costs.
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We met with BT's management yesterday and we did discuss the possibility of a break up. He thought the financial engineering could work but he thought long term separating BT Wholesale from BT Retail would destroy value.
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Stephanie Villalba lost her sex discrimination case. She lost her claim for costs. She has now lost her appeal on points of law relating to victimization and unequal pay. It is time for both of us to move on.
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