Media

Media Digest 11/21/2007 Reuters, WSJ, NYTimes, FT, Barron's

According to Reuters, the Fed’s decision to make an October rate cute was a "close call."

Reuters writes that Paulson said home loan defaults will be much higher in 2008.

Reuters writes that HP’s (HPQ) strong results raise the bar for Dell (DELL).

Reuters writes that asset manager BlackRock will run the $75 billion SIV superfund put together by Citigroup (C), Bank of America (BAC) and, JP Morgan (JPM)

Reuters writes that Circuit City (CC) is inviting some laid off workers to return to the company to fill jobs in new stores.

The Wall Street Journal writes that big companies are reexaminng share buy-backs as the economy slows and their balance sheet beging to be hurt.

The Wall Street Journal reports that with troubles at GMAC and slowing car sales there is new pressue on GM’s (GM) CEO to perform.

The Wall Street Journal reports that the new surge in crude oil may indicate that high prices could be around for months.

The Wall Street Journal writes that Facebook’s attempt to track user behavior is facing a backlash.

The Wall Street Journal writes that the XM (XMSR) merger with Sirius (SIRI) may be looking better.

The Wall Street Journal writes India firm Mahindra will bid for Ford’s (F) Jaguar and Rover units.

The FT writes that Target (TGT) believes holiday sales will be good.

CNN Money writest that Pfizer’s (PFE) anti-smoking drug has been linked to depression.

Bloomberg writes that Freddie Mac (FRE) may have to raise $6 billion to halt its capital slide.

Douglas A. McIntyre

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