Private equity firms Kohlberg Kravis Roberts & Co. and Texas Pacific Group plan to include TXU Corp. (NYSE:TXU) Chief Executive C. John Wilder in their TXU buyout offer, which could total as much as $44 billion, according to a media report on Saturday.

Billionaire real-estate entrepreneur Sam Zell is proposing to participate in a buyout of troubled newspaper publisher and television broadcaster Tribune Co. (NYSE:TRB), according to a media report on Saturday.

Caremark Rx Inc. (NYSE:CMX) said Saturday it has mailed supplemental disclosures regarding its planned merger with CVS Corp. following a judge's ruling yesterday, and has scheduled a shareholder vote on the deal for March 16.

Dell Inc. (NDAQ:DELL) Chief Executive Michael Dell will be back in the company's earnings fray on March 1, when the newly returned chief executive delivers what is expected to be a negative fourth-quarter report in which sales and revenue are forecast to fall from a year ago.

Sources say DaimlerChrysler (NYSE:DCX) Chief Executive Dieter Zetsche, right, with CFO Bodo Uebber, hopes to offer a progress report on Chrysler at the German automaker's annual meeting on April 4 in Stuttgart.

Shares in Lowe's surged on Friday after the home improvement retailer said sales had "bottomed" following the downturn in the US housing market and predicted gradual improvement throughout 2007.

KB Home (NYSE:KBH), the fifth-largest US homebuilder, is under criminal investigation by federal prosecutors over stock-options backdating that led to the resignation of the company's chief executive.

Wendy's International Inc. (NYSE:WEN)said Friday that it will reluctantly close the restaurant where the nation's third-largest hamburger chain began in 1969 because of sagging sales.

Sirius Satellite Radio Inc. (NDAQ:SIRI) and XM Satellite Radio Holdings Inc. (NDAQ:XMSR) may forecast slowing subscriber growth when they report earnings next week, a slump that could help build support for their plans to merge with one another.

Sony (NYSE:SNE) Chief Executive Howard Stringer said it wouldn't make sense to break up the company's businesses in a digital age. "I'm certainly not thinking about it," said Stringer in an interview on CNBC's "Power Lunch." "I am finally achieving what I've been trying to get for the last decade."

News video showing about a dozen rats running around a KFC-Taco Bell restaurant in Greenwich Village was widely disseminated Friday on TV stations and the Internet. Yum Brands (NYSE:YUM) owns both franchises.

Troubles buffeting the U.S. mortgage market could get worse as resurgent crude oil prices squeeze the finances of already hard-pressed borrowers, analysts say, and that could spell more trouble for Wall Street. This would represent further fallout from the subprime mortgage correction that we've been seeing over the past few months.

Univision (NYSE:UVN), the nation's largest Spanish-language broadcaster, has agreed to a record $24 million fine for failing to meet government rules for educational children's programming, a Federal Communications Commission official said Saturday.

In a blunt Feb. 14 memo, Starbucks (NYSE:SBUX) CEO Mr. Schultz warned executives that the chain may be commoditizing its brand and making itself more vulnerable to competition from other coffee shops and fast-food chains. The nearly 800-word memo questioned whether Starbucks' automatic espresso machines, new store designs and elimination of some in-store coffee grinding may have compromised the "romance and theatre" of a visit.

Xinhua Finance Media Ltd. filed for an initial public offering on the NASDAQ market today under the symbol XFML. The financial news gathering service expects to raise about $300 million by issuing 23.1 million American depository receipts (ADRs) priced at between $12 and $14 each. Underwriters in the deal include J.P. Morgan, UBS Investment Bank, and CBIC World Markets among others. The company reported a 2006 net income of $3.3 million on revenues topping $59 million. After the IPO, Xinhua is expected to carry a market capitalization of about $1.8 billion, based on a $13 IPO price. The company said it will use $50 million of its IPO proceeds to repay debt, and the rest for acquisitions, working capital and other general corporate purposes.

What does the company do? Well according to their IPO prospectus (F-1 filing for foreign companies), the company engages in the creation and production of high-quality content that is distributed across nationwide television and print media outlets and radio in Beijing and Shanghai, and where advertising sales are supported by their own advertising agency. These outlets reach an estimated 210 million potential television viewers, a potential listening audience of 33 million people, and the readers of leading magazines and newspapers. In addition, the company's market research business enables our advertisers to analyze, understand and better reach their targeted consumers. Meanwhile, Xinhua's actual content currently focuses on business and financial news as well as wealth management and affluent lifestyle programming. They focus on this programming because we believe it attracts the highest income audience in China - an audience that is highly sought after by their target advertisers.

This is a great IPO to keep an eye on as past Chinese IPOs have done exceptionally well recently. The strong growth in these markets combined with increased exposure to foreign capital markets and investors have led to substantial gains for shareholders investing in Chinese companies.

PVF Capital Corporation (NDAQ:PVFC) shares moved up $0.56, or 4.98%, to $11.81 today after Ancora Capital and The Fedeli Group expressed concern over the company's recent operating results in Schedule 13D and Schedule 13D/A filings with the SEC. The activist hedge funds believe that while the company has a loyal customer base, established branch network, dedicated group of employees, and tremendous potential, several recent trends have created reason for concern. These trends include the drop in the company's return on equity and return on assets, the decline in the company's efficiency ratio, and the increase in general administration expenses - all key measures of a banks performance. Moreover, the hedge funds expressed concern over the aggregate level of loan loss reserves (which have decreased lately) and the overall weakness of the traditional real estate, commercial, and home mortgages markets. Combined, these factors have substantially lowered profitability and increased business risk.

Fedeli had made several attempts to meet with management to discuss ways to expand the business, reduce risk, and increase profitability; however, the company has failed to act on any of these recommendations. Consequently, The Fedeli Group has officially requested to examine a list of the company's shareholders so that they can reach other shareholders who may be interested in enforcing change. This is commonly the first step in a proxy solicitation aimed at replacing members of the board and taking over the company. Combined, these two hedge funds control approximately 13% of the company's outstanding shares, which gives them significant power in any such move. Whether or not a change in control will take place remains uncertain; however, this is definitely a stock to watch over the next few months!

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