Wachovia Corp. expects to incur a second-quarter charge of $800 million to $1 billion stemming from a federal appeals court ruling related to the tax treatment of leveraged lease transactions. (WB)
Corinthian Colleges Inc. saw a slight downturn in its third-quarter earnings report as the company sold several schools off during the quarter at a loss. (COCO)
Sirius Satellite Radio and XM Satellite Radio are pushing back the dates of their annual meetings as they continue to wait for full regulatory approval of their proposed merger.
Cox Enterprises said Tuesday that it would acquire online advertising tech company Adify for a reported $300 million. Previous investors in Adify include NBC Universal's Peacock Equity and Time Warner Investments.
Microsoft co-founder Paul Allen continues to be happy with the performance of Charter Communications and its president and CEO Neil Smit, who has focused on boosting the cable operator's financial growth and customer service.
Jeffrey Katzenberg is "pretty disappointed" with the speed -- or actually, the lack thereof -- with which movie theater operators are rolling out screens with digital and 3-D capacity.
Theater chain National Amusements and New England Patriots owner the Kraft Group plan to open a live entertainment venue adjacent to the team's Gillette Stadium in Foxborough, Mass.
