Media

Media Digest 1/16/2008 Reuters, WSJ, NYTimes, FT, Barron's

Accordiing to Reuters, Sony Ericsson posted strong results and said it was improving market share.

Reuters writes that Intel (INTC) missed forecasts driving its shares down.

Reuters reports that Boeing (BA) is about to announced further delays in its 787 Dreamliner launch.

Reuters reports that Apple (AAPL) will begin to sell the world’d thinnest laptop, the MacBook Air.

Reuters writes that a union pension fund adviser may oppose the re-election of some Citigroup (C) board members.

The Wall Street Journal reports that Bank of America (BAC) made sharp cuts at its investment banking operation.

The Wall Street Journal reports that Apple (AAPL) has unveiled a new online movie rental service.

The New York Times writes that that Supreme court put limits on shareholder lawsuits which claim securities fraud.

The FT writes that US retail data indicate that consumers have begun a retreat in their spending.

Bloomberg writes that the price of oil fell on a slowing US economy and signals that OPEC might increase supply.

Douglas A. McIntyre

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