Media

Media Digest 1/3/2008 Reuters, WSJ, NYTimes, FT, Barron's

According to Reuters, manufacturing weakness in the US has raised new fears of recession.

Reuters reports that the most recent Fed minutes indicate a willingness to cut rates again.

Reuters reports that US retail sales rose 14% in the week after the holiday.

The Wall Street Journal writes that Chinese stock gains may be undercut by slowing earnings growth.

The Wall Street Journal reports that GM (GM) stuck with a relatively positive tone for 2008 sales.

The Wall Street Journal writes that NetFlix (NFLX) and LG Electronics will offer a box which allows movies to be downloaded to TVs.

The Wall Street Journal writes that Dell (DELL) is moving slowly into retail sales of PC to keep customers who buy its products on the web.

The Wall Street Journal reports that Lenovo is launching a consumer notebook aimed at products from HP (HPQ) and Apple (AAPL).

The New York Times writes that the Weather Channel is for sale and may bring $5 billion.

The FT writes that Qualcomm (QCOM) said its count loss to Broadcom (BRCM) would effect short-term earnings.

The FT writes that fears about the falling dollar are pushing up prices of oil and gold.

Barron’s writes that shares of Kroger are attracting insider buying.

Douglas A. McIntyre

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