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Since April 21, there’s been lots of speculation that Virgin Media Television, a division of Virgin Media (VMED), was going to be bought out by a consortium that includes the BBC. And the stock has climbed on the speculation, even though nothing more seems to have happened.

Then came this 8K filed yesterday which extends the acting CFO’s contract another six months. In addition to upping Charles Gallagher’s salary, the agreement gives Gallagher vesting of 62,500 options he got when his original contract was signed last December.

That contract, which appears to be included in SEC filings for t

Monday, May 5

• IAB Leadership Forum: Digital Video
  
• Symphic Technology 5-day Workshop: SQL Server Business Intelligence with Data Mining
  
• Before the bell: Marvel (MVL) earnings call, 9:00 a.m.
  
• After the bell: Divx (DIVX) earnings call, 4:30 p.m., Virgin Mobile USA (VM) earnings call, 5:00 p.m., LookSmart (LOOK) earnings call, 5:00 p.m.
• New Work City Meetup 2, 6:00 p.m.
  

Tuesday, May 6

• Capacity USA 2008: Telecommunications Conference (through Wednesday)
• Mobile Convergence Technology Summit
• IDC Enterprise Data Center Forum
  
• Before the bell: Alibaba.com (1688.HK) earnings call, 8:00 a.m., MetroPCS (PCS

Filed under: Newspapers, Magazines, Bank of America (BAC)

MAJOR PAPERS:

• Private equity firm Corsair Capital and several of the banks bigger shareholders are expected to inject over $6B into Cleveland regional bank National City Corporation (NYSE: NCC), the Wall Street Journal reported.
• According to sources, the Financial Times reported that Bank of America Corporation (NYSE: BAC) is planning to sell a portion of its 9% stake in China Construction Bank in order to raise capital. However, Bank of America will offset some of the share sales by exercising options it holds to buy additional

Filed under: Newspapers, Magazines, Citigroup Inc. (C), Merrill Lynch (MER), Wachovia Corp (WB)

MAJOR PAPERS:

• Wachovia Corporation (NYSE: WB) could announce a capital infusion of several billion dollars from outside investors as early as Monday, people familiar with the matter said. While final terms of the deal are still being worked on, the Wall Street Journal reported that the bank is expected to receive between $6B-$7B, in return the investor group would receive shares priced at roughly $23-$24 per share.
• According to people familiar with the matter, the Wall Street Journal reporte