Investing
Media Digest (3/9/2011) Reuters, WSJ, NYT, FT, Bloomberg
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The Federal Reserve may change it bond buying plans because of higher oil prices. (Reuters)
Toyota Motor (NYSE: TM) plans to double profits by 2015 through the launch of new hybrids and growth in emerging markets. (Reuters)
Time Warner’s (NYSE: TWX) Warner Bros. unit will offer movies on Facebook. (Reuters)
Carl Icahn will return the money he manages for clients back. (Reuters)
The HCA IPO is expected to do well despite the firm’s high debt. (Reuters)
Banks in Europe may have stress tests based on regulation in individual nations instead of a policy that governs the entire region. (WSJ)
Large companies may change pension accounting in a manner which will improve earnings. (WSJ)
Sprint- Nextel (NYSE: S) is in merger talks with Deutsche Telekom US unit T-Mobile. (WSJ)
Dynegy may seek Chapter 11. (WSJ)
EADS, parent of Airbus, posted a profit in Q4. (WSJ)
The Treasury was paid $6.9 billion by AIG. (NYSE: AIG) (WSJ)
A new Apple (NASDAQ: AAPL) iPad app called Zite tailors news to individual readers. (WSJ)
Tivo (NASDAQ: TIVO) will issue debt to fund patent litigation. (WSJ)
The $400 million that will go to UAW workers will probably be saved and not spent. (WSJ)
Debt at the state and municipal level may hinder China’s policy changes. (WSJ)
China will pass the US as the world’s largest user of nuclear power. (WSJ)
AIG’s ILFC aircraft leasing business will begin to take orders for the first time since it parent fell into financial trouble. (WSJ)
Congress may pass the first new patent laws in six decades. (WSJ)
Febreze became the 24th Procter & Gamble (NYSE: PG) brand to reach $`1 billion in sales. (WSJ)
Muni bond issues may reach their lowest level in over ten years. (WSJ)
Bank of America (NYSE: BAC) earnings may allow it to pay a dividend again. (WSJ)
The US Department of Energy revised estimates of oil prices for the year to $105 and said there was a 25% chance gas would reach $4. (WSJ)
Green Mountain’s dominance in the single-serve coffee business will be hard for Starbucks (NASDAQ: SBUX) to overcome. (WSJ)
Many economists still believe that the price of gas will not hurt the recovery unless it goes much higher. (NYT)
Malaysia may step up its production of rare earth metals. (NYT)
The CEO and Chairman of Ford (NYSE: F) were awarded $98 million in stock. (FT)
Airbus said the US government helped Boeing (NYSE: BA) get plane orders from China. (FT)
Berkshire Hathaway (NYSE: BRK) got a $3.2 billion dividend from its Burlington Northern railroad operation. (Bloomberg)
Hewlett-Packard’s (NYSE: HPQ) CEO will try to spur growth by increasing software sales. (Bloomberg)
Douglas A. McIntyre
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