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