Archive for Tuesday, April 08, 2008
In Brief
Nielsen to buy IAG Research
Nielsen Co., whose audience ratings drive television advertising prices, agreed to buy closely held IAG Research for $225 million in cash to expand its TV data for advertisers and media companies.
IAG, based in New York, measures which shows are likely to keep viewers’ attention as well as the effectiveness of commercials and product placement.
Firm to sell shops to Disney
Children’s Place Retail Stores Inc. said its subsidiaries agreed to sell their U.S. Disney Stores to Walt Disney Co. for $50 million to $55 million.
The amount may be adjusted based on inventory, according to a Children’s Place filing. The agreement also calls for Disney to pay $4 million for the assignment of a Pasadena office lease.
Disney to acquire China’s Gamestar
Walt Disney Co. agreed to buy Gamestar, a Chinese developer of video game software, as part of its plan to expand in the fast-growing entertainment segment.
Gamestar was founded in 2002 and has locations in Shanghai and Wuhan, China, Glendale-based Disney Interactive Studios said. Terms weren’t disclosed.
Delta-Northwest deal still on table
Delta Air Lines Inc. has agreed to revive merger talks with Northwest Airlines despite the lack of agreement between the pilots of the two companies on the transfer of seniority in a merger, a person briefed on the situation said.
Atlanta-based Delta’s board members agreed to press ahead with negotiations with Northwest, which urged Delta to revive the talks.
Jury awards skycaps $325,000
A federal jury has awarded $325,000 to nine American Airlines skycaps who claimed they lost tips when the airline instituted a $2-per-bag fee for curbside check-in service at Logan International Airport in Boston.
The attorney who represented the skycaps says she will ask a judge to approve a class-action lawsuit that would cover hundreds of other American Airlines skycaps.
Airbus quarterly deliveries up 7%
Airbus said deliveries of commercial aircraft rose 7% in the first quarter from a year earlier as it worked off a record backlog of 3,687 planes. New orders in the period also rose.
Shipments reached 123 planes, including 102 of the A320 single-aisle series, 19 long-range planes and two A380 super-jumbo jets, the Toulouse, France-based company said. Airbus won new orders for 420 planes in the period compared with 134 a year earlier.
Wal-Mart buys organic cotton
Wal-Mart Stores Inc. said it had purchased more than 12 million pounds of cotton from farmers who are changing over from conventional to organic farming, to boost the supply of certified organic cotton in the marketplace.
To encourage farmers to switch to organic cotton, Wal-Mart said it bought the transitional cotton from farmers at the same premium cost of certified organic cotton. It can take roughly three years before the crops can be certified as organic.
From Times Wire Services
- Only 48% of California high schools meet federal standards, even with easier measure
- For L.A. man, 93, life is a walk in the park
- Republican vice presidential nominee Palin changes colleges 6 times in 6 years
- Bobcats at home
- School goes from backdrop to center stage
- ACT growth is outpacing SAT's
- The science of happiness
- Palin appears to disagree with McCain on sex education
- Sarah Palin, if her life was a movie
- Greetings from the energized GOP base
- Deputies search for man who shot 11 in Mira Loma bar
- Cultivated for AIDS victims, Laguna Beach garden is missing its keeper
- Dodgers Manny Ramirez is serious when he has to be
- In Mexico, a police victory against smuggling brings deadly revenge
- Hanna soaks mid-Atlantic; Hurricane Ike closes in
- Only I can bring change to Washington, John McCain and Barack Obama each claim
- Sarah Palin's appeal to working-class women may be limited
- Todd Palin, husband of Sarah Palin: a 'true Alaskan'
- Sarah Palin's style: the issue at hand
- CT scans can be better medicine for doctors than for patients
