What's In The News: July 22, 2011

FinancialNewsOnline on Jul 22, 2011

This is what's in the news for Friday, July 22. The Wall Street Journal reports that Apple (NASDAQ:AAPL) is in the early stages of examining Hulu LLC, a video-streaming pioneer that is being considered for sale by its owners. Ford (NYSE:F) heads into contract talks with the United Auto Workers union next week in the worst position among the auto companies. It didn't take a government bailout and so it lacks two weapons its rivals have: binding arbitration and a ban on strikes. Reuters reports that Access Industries, Sony Music Entertainment (NYSE:SNE) and Vivendi's (PINK:VIVEF) Universal Music Group are among the music companies and private equity firms interested in buying EMI Group. Finally, Bloomberg reports that Morgan Stanley's (NYSE:MS) Q2 revenue from investment banking and fixed-income trading beat Goldman Sachs Group (NYSE:GS) for the first time on record.

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