Media

Media Digest 6/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Obama proposed sweeping reform for financial industry.

Reuters:    A number of large banks repaid TARP. (JPM)(GS)(BBT)(COP)(STT)(AXP)(USB)

Reuters:   Consumer prices show inflation is in check.

Reuters:   China could still be a big buyer of US debt.

Reuters:   NYSE will create a derivatives clearing house.

Reuters:   Chrysler will start production at seven plants.

Reuters:   Rising interest rates hurt demand for US mortgages.

Reuters:   US arms sales should top $40 billion in 2009.

WSJ:   A poll shows the the US public is concerned about the deficit and federal economic intervention.

WSJ:   Microsoft (MSFT) and Google (GOOG) are in a dispute over how their desktop apps work together.

WSJ:   The EU plan for a market watch dog troubles the UK.

WSJ:   Morgan Stanley (MS) says that Deutsche Bank (DB) will run the AIA IPO.

WSJ:   Eddie Bauer filed for bankruptcy.

WSJ:   The House approve a bill to give the FDA more power to regulate contaminated food.

WSJ:   Fedax (FDX) offered hope among its grim results.

WSJ:   “Environmental exchange BlueNext, Europe’s largest spot market for carbon credits, is partnering with a Chinese exchange.”

WSJ:   Intel (INTC) revamped its product lines and dropped Centrino.

WSJ:   Microsoft’s (MSFT) Bing is still gaining market share.

WSJ:   Rising diesel costs are hurting industry.

WSJ:   Chapter 11 is emerging as the fasts way to break up and trade pieces of big companies.

WSJ:   Regulators will have to be better at tracing leverage.

WSJ:   China’s CIC is building staff around the world.

WSJ:   E*Trade (ETFC) got more support from Citadel.

WSJ:   Obama’s financial reforms could be bad for GE’s (GE) money arm.

WSJ:   Cablevision (CVC) shares are rising despite key ownership by the Dolan family.

WSJ:   Google (GOOG) is looking for ways to keep its big ideas as staff leaves.

WSJ:   Medtronic (MDT) paid a doctor accused of falsifying data.

WSJ:   Watson (WPI) will buy Arrow Group for $1.75 billion in a consolidation move in the generics industry.

WSJ:   BAT is tapping the growing Indonesian market.

WSJ:   SLM (SLM) got a deal with the government to service student loans.

WSJ:   United (UAUA) sees traffic falling sharply.

WSJ:   The BHP Billiton (BHP) deal with Rio Tinto (RTP) is gaining more support.

WSJ:   Boeing (BA) picked up some small but important business at the Paris Air Show.

WSJ:   A builder sued Marriottt (MAR) over costs.

WSJ:   Amazon (AMZN) bought software company SnapTel.

WSJ:   AT&T (T) altered its Apple (AAPL) iPhone subscriptions policies.

WSJ:   NBC (GE) will use Microsoft’s (MSFT) ad management software.

NYT:   Lawmakers are troubled by the expanded reach of the Fed.

NYT:   Banks may fight an agency being formed for consumer protection.

NYT:   The financial overhaul will not hurt S&P (MHP).

NYT:   S&P cut credit ratings on 22 banks.

FT:   AIG (AIG) picked Morgan Stanley and Deutsche Bank for its Asia IPO.

FT:   A Bain Capital partner may work with Boston Globe (NYT) workers to buy the paper.

Bloomberg. The World Bank raised its China growth forecast to 7.2%.

Douglas A. McIntyre

Essential Tips for Investing (Sponsored)

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.