Liberty Media was near a deal to invest in Sirius XM in return for just under half of the company, a report says. More: continued here
Liberty Media was near a deal to invest in Sirius XM in return for just under half of the company, a report says. More: continued here
The German automaker reported a fourth-quarter loss of 1.5 billion euros ($1.9 billion) compared with year-earlier earnings of 1.7 billion euros, and warned car sales could drop another 10% in 2009. More: continued here
The owner of the Transamerica business in the U.S. expects to post a net loss of about 1.2 billion euros ($1.53 billion) in the fourth quarter because of a fall in the value of its investment portfolio. More: continued here
The state-controlled Norwegian oil company reported a 68% decline in fourth-quarter profits because of lower crude oil prices and higher taxes. More: continued here
Trump Entertainment is expected to file for Chapter 11 protection Tuesday, according to The Wall Street Journal . More: continued here
Donald Trump’s casino company is expected to file for Chapter 11 protection Tuesday, according to The Wall Street Journal . More: continued here
On an adjusted basis, fourth-quarter earnings were $634 million, or 76 cents a share, topping the estimate of analysts. More: continued here
Every major market in Asia closed lower Tuesday amid news that Japan’s recession deepened amid the global economic downturn. More: continued here
Liberty reportedly is close to a deal in which it would take a major stake in the satellite radio operator. More: continued here