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Time Warner Buys Google`s Stake in AOL for $283M
Time Warner paid $283 million for Google's 5 percent stake in AOL, the internet company says in a U.S. Securities and Exchange commission filing. Time Warner, which plans to spin off AOL by the end of 2009, bought the stake from search company Google on July 8, AOL says. The price that the company paid for Google's stake implies that AOL has a total value of about $5.7 billion. - NEW YORK (Reuters) Time Warner Inc paid $283 million for Google Inc's 5 percent stake in AOL, the Internet company said in a U.S. regulatory filing on Monday. Time Warner, which plans to spin off AOL by the end of the year, bought the stake from Google on July 8, AOL said in the filing with th...
eWEEK

Straight A’s
It all seems so familiar. A player comes to the Red Sox around the trading deadline, straight from the black hole that is Pittsburgh, and immediately endears himself to the Fenway faithful, to his teammates, to the organization. He’s a veteran, not known for making waves, and yet synchs with his new franchise as soon as he touches down in ...
Boston

U.S. Markets Eke Out Minor Gains
NEW YORK (UPI) -- U.S. markets turned higher late Monday, posting positive numbers after the Nikkei 225 in Japan closed with a ninth straight day of gains. The Nikkei average gained 144.11 points, 0.56 percent, to 10,088.66, breaking the 10,000-point mark for the first time since mid-June....
Hispanic Business

FTSE Streaks to 11th Straight Gain
Britain's stock market matched its record for the most consecutive positive trading sessions -- and many investors expect the gains to continue.
Wall Street Journal

Mets 8, Astros 3: Mets Continue Hitting and Drop Astros Again
Livan Hernandez recovered from a rocky first inning and the Mets' offense continued its resurgence in their second straight win in Houston.
New York Times

Stocks post 10th day of rises
THE Australian share market has posted its 10th straight trading day of gains, closing more than one per cent higher on the back of rises overseas.
The Australian

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