Media Digest 8/30/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Investing

Douglas A. McIntyre

Published: June 30, 2009 3:03 am

Last Updated: April 28, 2020 1:27 am

newspaper Reuters: Cybercrime is spreading fast on Facebook.

Reuters: GM will seek to sell most of its assets to a new company.

Reuters: Madoff got 150 years in prison.

Reuters: AIG (AIG) shareholders will elect new directors.

Reuters: GM is close to a deal to sell Opel.

Reuters: A jury returned a $1.7 billion drug verdict against Abbot (ABT).

Reuters: A judge delayed a bail decision about Allen Stanford.

Reuters: The VIX is the lowest it has been since the Lehman bankruptcy.

WSJ: Wall St. will have its best quarter since the financial crisis began.

WSJ: The EU is seeking a number of reforms in China.

WSJ: Apple’s (AAPL) Steve Jobs is back at work.

WSJ: The US is waging a financial war against North Korea.

WSJ: A jury said Abbott (ABT) must pay a $1.7 billion patent award to J&J (JNJ).

WSJ: Hyundai will offer car buyer $1.49 gas if they buy before August 31.

WSJ: The US is objecting to an alliance between Continental (CAL) and United (UAUA).

WSJ: Carlyle raised $1 billion for an Asia fund.

WSJ: Hong Kong and Disney (DIS) reached an expansion deal.

WSJ: Broadcom (BRCM) lifted the price if would pay for Emulex.

WSJ: Ten states are trying to finish budgets before facing partial shutdowns of services.

WSJ: Large universities were bested in endowment growth by smaller ones who took more simple investment tacks.

WSJ: Asian borrowers are increasing fund raising while their markets are hot.

WSJ: China’s banks are making risky loans for infrastructure projects.

WSJ: Militants hit oil supplies in Nigeria again.

WSJ: State Street (STT) says the SEC may file charges against it.

WSJ: AIG (AIG) says it may have lost more money on its derivatives portfolio.

WSJ: The recovery may not be complete until banks clean up balance sheets.

WSJ: Stocks in Exxon (XOM) and Chevron (CVX) are being fueled by gains in crude.

WSJ: A court decision on DVRs will help Cablevision (CVC) and other cable companies.

WSJ: Analysts expect a car sales rebound in June.

WSJ: Sanofi faces problems on studies of its drug Lantus.

WSJ: McDonald’s (MCD) will expand in India.

WSJ: Dell (DELL) is working on a pocket web product.

WSJ: Comcast (CMCSA) will offer wireless cards.

WSJ: Biogen (BIIB) reported another sick patient for its MS drug.

WSJ: Amazon (AMZN) is dropping more affiliates to avoid state taxes.

NYT: The Supreme Court says states can investigate national banks for lending discrimination.

NYT: New airplanes will have airbags and seats less likely to rip loose.

NYT: GM is exiting a long-standing joint venture with Toyota (TM).

NYT: Levi’s is courting young buyers with a new message.

NYT: The IEA sees little growth in oil demand in the next few years.

FT: A deficit has forced California to issue IOUs.

FT: Rio Tinto (RTP) has threatened to sell metals onto the spot market.

Bloomberg: Treasuries are headed for their biggest quarterly loss in three decades.

Bloomberg: Xstrada’s $40 billion bid for Anglo American may restart the M&A market.

Douglas A. McIntyre

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