Media Digest 5/14/2009 Reuters, WSJ, NYT, FT, Bloomberg

Investing

Published: May 14, 2009 2:58 am

Last Updated: March 23, 2020 1:32 pm

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Reuters Obama hopes to have healthcare bill by July

Reuters Documents on Paulson’s meetings with banks forcing them to take TARP have been released

Reuters Banks sued MBIA (MBI) over its $5 billion restructuring.

Reuters Lehman may spin off its remaining assets.

Reuters Ford (F) is walking a tight rope during the industry downturn.

Reuters The SEC is proposing action against former Countrywide CEO Mozilo.

Reuters Sony (SNE) had a loss and predicted a bad year.

Reuters The US government wants to oversee OTC derivatives.

Reuters Many US homeowners believe a bottom has been reached.

Reuters BT will cuts its dividend and 15,000 jobs.

Reuters S&P says the US banking crisis could last until 2013.

WSJ An EU fine of Intel (INTC) jolted the tech sector.

WSJ Wall St is taking a wait-and-see attitude toward Administration rules on executive pay.

WSJ Households and businesses worried about the economy are cutting loan demand.

WSJ Lawmakers pressured the head of AIG (AIG) over its restructuring.

WSJ Verizon (VZ) sold its landlines in 13 states.

WSJ Businesses are no longer slashing IT budgets.

WSJ The TARP will begin to help smaller banks.

WSJ Retail sales weakened last month.

WSJ Foreign banks are more upbeat about doing business in China.

WSJ Wall St. bankers hoping to dodge TARP pay rules are not fleeing banks as quickly as was feared.

WSJ Under certain circumstances, Fiat could own 51% of Chrysler.

WSJ GM (GM) will import Chinese-built cars.

WSJ A merger between Opel and Fiat could cost 18,000 jobs.

WSJ MGM (MGM) is trying to raise $2.5 billion.

WSJ Losses widened at Macy’s (M).

WSJ Whole Foods (WFMI) sees significant deflation in fresh produce.

WSJ Cisco (CSCO) will supply hardware for Clearwire’s (CLWR) 4G effort.

WSJ IBM (IBM) is sticking with its earnings guidance

WSJ Dr. Pepper profits rose but the bottom line at Snapple stayed bad.

NYT Thriving Norway could provide and economic lesson to other countries.

NYT The government plan to modify mortgages is off to a slow start.

NYT The EU ruling against Intel (INTC) is unlikely to drag it down.

NYT AIG (AIG) said its overhaul could take three to five years.

NYT The Bank of England warned of a slow recovery.

NYT A French court cleared eBay (EBAY) of selling counterfeit goods.

FT Shares in CCB rose after Bank of America (BAC) sold a stake.

FT Generic drugs pose a threat to Tamiflu.

FT Fiat talks with GM (GM) on buying some of the US firm’s business are hung up on Latin American operations.

Bloomberg California is seeking TARP backing for bonds meant to close its deficit.

Douglas A. McIntyre

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