Media

Media Digest 1/10/2008 Reuters, WSJ, NYTimes, FT, Barron's

According to Reuters, Capital One has warned that it will have lower than expected earnings.

Reuters reports that Goldman Sachs (GS) sees a recession this year.

Reuters reports that Tata (TTM) has launched its $2,500 car.

The Wall Street Journal writes that Merrill Lynch (MER) and CItigroup (C) are in talks to bring in more foreign capital.

The Wall Street Journal writes that Target (TGT) named its No.2 executive as CEO.

The Wall Street Journal writes that cable faces new threats from ‘over the air" TV.

The Wall Street Journal writes that some Vioxx claims against Merck (MRK) may not be settled by the current deal with plantiffs.

The Wall Street Journal writes that CBS (CBS) appears to have a labor deal with its newswriters.

The New York Times writes that AIG’s (AIG) former CEO will not start a proxy fight with the company.

The New York Times writes that DuPont raised it estimates for 2007 and 2008.

The FT writes that Bear Stearns (BSC) held preliminary talks with Fortress Investments about a possible combination.

The FT reports that a number of car companies are turning to India for growth.

CNN Money writes that Tony Blair will join JP Morgan (JPM) as an advisor.

Bloomberg writes that Freddie Mac (FRE) may have its rating cut by Moody’s.

Douglas A. McIntyre

 

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