Media Digest 6/4/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Investing

Douglas A. McIntyre

Published: June 4, 2009 3:00 am

Last Updated: March 10, 2020 6:38 pm

Reuters: GM and Chrysler said closing dealers was essential to their restructuring.

Reuters: The Justice Department is probing big tech employee recruiting.

Reuters: Medical bills underlay 60% of American bankruptcies.

Reuters: The US will offer its new financial regulatory plan on June 17.

Reuters: Chinalco may revise its Rio Tinto (RTP) bid.

Reuters: United (UAUA) is asking Boeing (BA) and Airbus to provide 150 new plans.

Reuters: Wal-Mart (WMT) will add 22,000 employees at US stores.

Reuters: Morgan Stanley (MS) may be among the first to exit the TARP.

Reuters: Touchscreen PCs may be more hype than reality.

Reuters: Creeping rates, volatility, and risk could derail the financial recovery.

WSJ: Bernanke warned that the deficit must be reduced.

WSJ: Banks are trying to escape off-balance-sheet accounting rules that could make them raise more money.

WSJ: Executives often sell shares in their companies right before their prices go down.

WSJ: Homebuilders see signs of stabilization.

WSJ: Merck (MRK) plans to sell its animal health assets.

WSJ: Electronics companies are now selling screens that are thinner than those released just a few years ago.

WSJ: Icahn claimed board seats in his fight with Biogen.

WSJ: Data Domain (DDUP) took at $1.9 billion order from NetApp (NTAP) over one from EMC (EMC).

WSJ: Dish Network (SATS) won a stay of a court victory by Tivo (TIVO).

WSJ: GM may become profitable but only because of billions of dollars in upfront investment by taxpayers.

WSJ: Temasek lost big on its investment in Barclays (BCS).

WSJ: The market is wondering if Pepsi (PEP) will stand by its original offer for its bottlers.

WSJ: Southwest (LUV) pilots rejected a new contract.

WSJ: News Corp (NWS) appointed a new president.

WSJ: Adobe (ADBE) is trying to crack the handset market.

NYT: Taiwan tech firms are seeking to expand into global markets.

NYT: More and more Americans cannot afford prescription medicines.

NYT: Rising interest rates on world debt could hurt growth across the globe.

NYT: Regulators will announced their plans for derivatives.

NYT: Investors in developing markets see optimism.

NYT: In its restructuring, GM will try to learn from its successful global operations.

NYT: Selling troubled mortgage assets would force banks to take large write downs.

NYT: Manchester United will replace AIG (AIG) as its sponsor.

FT: Clear Channel investors may force a debt restructuring on the company.

FT: AIG (AIG) may break up its aircraft leasing company.

Bloomberg: GM’s bonds indicate investors think its market value will eventually be greater than Ford’s (F).

Bloomberg: The International Air Transport Association says global airline losses will be worse than expected.

Douglas A. McIntyre

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.