This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

BC-Business News Digest

AP photo.

â¿¿ ELAN-BIOGEN COLLABORATION â¿¿ Biogen Idec will take over full ownership of the multiple sclerosis treatment Tysabri from its partner, Irish drugmaker Elan, for a $3.25 billion payment and royalties on future sales.

â¿¿ BRITAIN-EARNS-GLAXOSMITHKLINE â¿¿ U.K. pharmaceutical company GlaxoSmithKline is looking to cut costs further this year as it reports a sharp drop in fourth-quarter profit on problems in Europe.

TECHNOLOGY & MEDIA:

DIGITAL LIFE-TECH TEST-ON THE ROAD WITH GOOGLE MAPS

BLOOMSBURG, Pa. â¿¿ Every time my husband and I drive the 677 miles from New York to my parents' house in Michigan, we dread the long stretch of Interstate 80 through the hills of rural Pennsylvania. It's beautiful, but lonely, without a lot of places to stop. On this trip, with a little help from Google and Apple, I was determined to stay caffeinated and maybe find somewhere else to eat besides McDonald's and truck stops. By Bree Fowler.

AP photos.

EARNS-NEWS CORP

NEW YORK â¿¿ Media conglomerate News Corp. says earnings for the last three months of 2012 grew, helped by higher revenue at its pay TV networks and gains from larger stakes in businesses abroad. By Barbara Ortutay

AP photo.

With:

LIBERTY GLOBAL-VIRGIN MEDIA

ENGLEWOOD, Colo. â¿¿ Liberty Global Inc., the cable TV operator controlled by media mogul John Malone, is buying U.K.-based Virgin Media Inc. in a $16 billion deal that steps up the rivalry between Malone and fellow billionaire Rupert Murdoch. By Business Writer Bree Fowler.

AP photo.

â¿¿ WALL STREET JOURNAL-HACKING â¿¿ Rupert Murdoch: Chinese are still hacking The Wall Street Journal.

EARNS-TIME WARNER

NEW YORK â¿¿ Time Warner says net income grew 51 percent in the last three months of 2012 even as revenue was largely unchanged. Rising fees from cable and satellite companies and higher ad revenue at the TV networks offset revenue declines at its movie studio and magazine businesses. By Anick Jesdanun.

4 of 7

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs