Commodities & Metals
Media Digest (3/15/2011) Reuters, WSJ, NYT, FT, Bloomberg
Published:
Last Updated:
The Nikkei fell 11%.
The Ethisphere Institute released its list of the most ethical companies saying those most open with employees and shareholders topped the list. (Reuters)
The euro zone will probably increase guarantees on its large loan pool. (Reuters)
The yen surged. (Reuters)
Treasuries rose as capital moved to safety. (Reuters)
Chip prices rose on interruption of flow from Japan. (Reuters)
Microsoft (NASDAQ: MSFT) will drop production of its Zune player. (Reuters)
Hewlett-Packard (NYSE: HPQ) said it would increase profits by a commitment to cloud computing. (Reuters)
Facebook hired a manager from Google (NASDAQ: GOOG) to run M&A. (Reuters)
NASDAQ will probably bid for the NYSE (NYSE: NYX). (Reuters)
A third reactor blew in Japan. (WSJ)
Microsoft added a do-not-track option to it browser. (WSJ)
Euro zone nations are stuck on deals of a bailout fund. (WSJ)
Facebook will begin to compete with Groupon. (WSJ)
Moody’s said insurers face huge losses. (WSJ)
GE (NYSE: GE) defended the design of the Japan reactors. (WSJ)
Toyota (NYSE: TM) dealers in the US are concerned about supplies of the Prius. (WSJ)
Ben Benanke is talking more about inflation. (WSJ)
Berkshire Hathaway (NYSE: BRK-B) bought Lubizol. (WSJ)
China ordered more cargo ships due to deal partially financed by Carlyle Group. (WSJ)
Hedge funds with negative bets on Japan made windfall profits. (WSJ)
Chevron (NYSE: CVX) has started to ship oil to Japan to make up for lost power from nuclear reactors. (WSJ)
The EU made some effort to support sovereign debt. (WSJ)
Financial firms have balked at refinancing some mortgages on concerns about which should qualify. (WSJ)
Emerging markets will not drop nuclear expansion plans. (NYT)
Electronic component prices will rise due to the Japan disaster. (NYT)
Germany will support a rescue overhaul in Europe. (FT)
Financial support from the Bank of Japan failed to help its stock market. (Bloomberg)
Markets in bonds traded based on rising default risk in Japan. (Bloomberg)
EU leaders could not agree how to fund a new facility despite promises to support sovereign debt. (Bloomberg)
Toyota’s output may drop 40,000 units. (Bloomberg)
The Alzheimer’s Association said 15 million people care for elderly with the disease. (Bloomberg)
Douglas A. McIntyre
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