Investing
Media Digest 11/5/2010 Reuters, WSJ, NYT, FT, Bloomberg
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The Federal Reserve may allow some of the nation’s strongest banks to raise their dividends. (Reuters)
The S&P and DJIA hit 2 year highs. (Reuters)
China attacked the US over its plans for currency parity and trade targets before the G20 summit. (Reuters)
The White House showed that it may compromise on 2011 personal tax rates. (Reuters)
Berkshire Hathaway (NYSE: BRK.B) will report results today. (Reuters)
Dell (NASDAQ: DELL) has replace employee Research In Motion (NASDAQ: RIMM) Blackberries with its own brand of smartphone. (Reuters)
Google (NASDAQ: GOOG) and Facebook will face harsh EU privacy laws. (Reuters)
Oracle (NASDAQ: ORCL) may add billions to its claims against SAP (NYSE: SAP). (Reuters)
Canadian officials said they turned down the BHP Billiton (NYSE: BHP) bid for Potash (NYSE: POT) in part because it would aid Australian farmers. (Reuters)
Walt Disney (NYSE: DIS) signed a deal to build a Shanghai theme park. (Reuters)
Green IPOs have struggled because coal is still the main energy source in many sectors.
Toyota Motor (NYSE: TM) posted a profit of $1.2 billion. (WSJ)
Some are concerned that the Fed’s plan to buy $600 billion in bonds makes it a part of the nation’s governmental financial fiscal programs. (WSJ)
The US has begun to probe the News Corp (NYSE: NWS) BSkyB offer.
The Fannie Mae and Freddie Mac overhauls could cost hit nearly $700 billion.
Activision’s net tripled. (WSJ)
Google has made searches products for easier to improve its role in e-commerce (WSJ)
Fox News topped all networks in election night coverage (WSJ)
The US may ease restrictions on exports to India (WSJ)
The Fed’s moved raised currency concerns by many nations (WSJ)
Citigroup (NYSE: C) won its case over the buyout of EMI (WSJ)
T-Mobile has begun to lose customers because it does not have a “hot” phone product. (WSJ)
American Air (NYSE: AMR) pulled access to its tickets from Orbitz. (WSJ)
Irish default insurance, already at high levels, moved up. (WSJ)
The Euro topped the $1.42 level (WSJ)
JPMorgan (NYSE: JPM) will restart foreclosure filings soon. (WSJ)
The Fed action cause several large companies to plan to issue more debt. (WSJ)
India has become one of the world’s largest arms markets. (NYT)
Businesses want the G20 to be used as a forum on the China export of rare earth metals. (NYT)
Canada will explain the reasons why it blocked a BHP buyout of Potash. (FT)
Swiss Re will pay back a loan from Warren Buffett early. (FT)
Bank of America (NYSE: BAC) and Citigroup will begin to test the Apple (NASDAQ: AAPL) iPhone for mobile business email. (Bloomberg)
China said that the US must defend its bond buying or explain that the American economy is in trouble. (Bloomberg)
Douglas A. McIntyre
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