Looks like Best Buys got a pretty massive boner for Carphone Warehouse, as its just increased its ownership share from 2.9% to 50%, according to IDG News Service. Best Buy has agreed to invest an additional $2.1 billion in the European retailer, likely…
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House OKs controversial housing plan
The House on Thursday passed a contentious foreclosure-prevention package, which still faces a veto threat from the White House and an uncertain fate in the Senate.…
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RealNetworks Spinning Off Games Business (RNWK)
Here's a deal that makes sense at first blush: RealNetworks (RNWK) is spinning off its game business, and may or may not do an IPO as part of the spin-off. Bonus prize for long-suffering RNWK shareholders: $50 million stock buyback, and an increase in…
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Feel free to rock the boat if you have this waterproof Coolpix case
Thats right, with the Fantasea Line FS-51 Housing for the new Nikon Coolpix S52 and S52c cameras, you could toss it in the ocean without any worries. Even if it happened to leak its still protected by its one year flood Insurance policy (your photos are…
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ESPN Releases Euro 2008 Schedule
There's no word yet on announcers for the games, but I figured I'd pass along the schedule for you Soccer lovers out there. Oh and those two loveable characters above are Trix and Flix the official mascots of Euro 2008! How cute. Here are the games....…
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Credit Crunch Slams AIG
AIG reported a record $7.8 billion loss and said it will raise $12.5 billion in capital to replenish its balance sheet. The insurer's results, which included a $9.1 billion write-down, show that while the credit crunch may be easing on Wall Street, it…
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Why $120 oil is good
With $120 oil not seeming to follow the fundamental law of supply and demand many are wondering if the market is broken.…
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Gold futures gain, as dollar falls, oil hits record
NEW YORK (MarketWatch) -- Gold futures gained Friday, bolstered by weakness in the U.S. dollar and crude oil's surge to a record high just below $126 a barrel. Gold for June delivery rose $3.20 at $885.30 an ounce on the New York Mercantile Exchange. The…
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