News Corp. has no plans to buy EchoStar and is focused on expanding online businesses, Chmn. Rupert Murdoch told the company’s annual meeting Fri. Asked by an investor if a deal that involves EchoStar and DirecTV, part owned by News Corp., is in the works, he said: “No.” MySpace sales are doubling every 4 months, with “new media assets… are moving quickly toward profitability,” he said: “We can afford to make these investments in such high growth businesses because our established businesses are such bedrocks of steady cash.” In addition to MySpace’s collaboration with the National Center for Missing & Exploited Children to fight crimes against kids, Murdoch said, the company is in “constant discussions with parental bodies and legislators throughout the country.” Fox is transcending sagging broadcast TV ad growth amid surging online marketing, Murdoch suggested when queried on the NBC Universal restructuring. “They've had a few very bad years, and their advertising has fallen” -- not the case at Fox, Murdoch said. Company executives are “very conscious” of indecency concerns, he told a Parents TV Council representative: “Perhaps there are occasions when they tip over the line, but we're doing our best.” News Corp. soon may resolve lengthy talks about Liberty Media’s stake in it, said Murdoch. News Corp.’s desire to extend a poison pill takeover defense plan that could blunt any runs at it by Liberty was approved by 57%-plus of investors who cast votes, Murdoch said, citing a preliminary tally. - JM
The International Trade Administration (ITA) has issued the preliminary results of its antidumping (AD) duty changed circumstances review of certain corrosion-resistant carbon steel flat products from Germany.
The International Trade Administration (ITA) has initiated antidumping (AD) duty investigations to determine whether imports of lemon juice from Argentina and Mexico are being, or are likely to be, sold in the U.S. at less than fair value.
New Games: The PS2 version of Vivendi’s Scarface: The World is Yours rose 4 notches its 2nd week available, to be the top-rented videogame in the U.S., according to Rentrak’s preliminary Home Video Essentials data for the week ended Oct. 15. The Xbox version jumped 8 to #3. The PS2 version of Madden NFL 07 from Electronic Arts (EA) -- the previous week’s #1 game -- dropped to #2. The only new release in the top 10 was Midway’s Mortal Kombat: Armageddon at #9… EA said it will ship Def Jam: Icon for PS3 and Xbox 360 in March in N. America and Europe… Take-Two Interactive said it will ship The Warriors for PSP this holiday season… Microsoft made Q Entertainment’s Lumines Live available on Xbox Live Arcade.
The International Trade Administration (ITA) has issued its final results of the antidumping (AD) duty administrative review of pure magnesium from China for the period of May 1, 2004 through April 30, 2005.
The International Trade Administration (ITA) has issued its preliminary results of the following antidumping (AD) duty administrative and new shipper reviews:
The International Trade Administration (ITA) has issued its preliminary results of the following antidumping (AD) countervailing (CV) duty administrative reviews:
Shippers' Newswire reports that U.S. Customs and Border Protection (CBP) expects to complete this month a preliminary blueprint to test the feasibility of using outside auditors to help verify the C-TPAT supply chain security practices of foreign suppliers. The article adds that according to CBP Commissioner Basham, third-party validation is a tool that CBP can use for locations where the U.S. has little access, such as China. (AS, dated 10/12/06, www.americanshipper.com )
The International Trade Administration (ITA) has initiated an antidumping (AD) duty changed circumstances review of the AD duty order on stainless steel bar from Japan at the request of TRW Fuji Valve, Inc. (TRW), a U.S. importer.
The Commerce Department's Office of Textiles and Apparel (OTEXA) has posted to its Web site the following five monthly reports containing official August 2006 trade data from the Department of Census for imports and exports of textiles and apparel: