Media Digest 6/25/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Douglas A. McIntyre

Published: June 25, 2009 2:55 am

Last Updated: March 11, 2020 8:20 am

Reuters: Political battles are likely to make this a tough year for the Fed.

Reuters: The head of Toyota (TM) warned of two more tough years.

Reuters: Lawmakers accused Fed of a cover-up in dealing with Bank of America (BAC)

Reuters: California is set to issues IOUs to conserve cash.

Reuters: The new TARP chief says economy is on the mend.

Reuters: BP (BP) selected Ericsson’s (ERIC) CEO as its next chairman.

Reuters: Buffett says that US economy has “no bounce.”

Reuters: The Fed held policy steady and said the recession is easing.

WSJ: Driving is dropping as fuel costs alter peoples’ plans.

WSJ: GMAC is cutting wholesale financing to some dealers.

WSJ: The economy and housing should rise together.

WSJ: The OECD says the economy is improving.

WSJ: The SEC voted to insist money market funds have more liquidity.

WSJ: KKR will go public in Europe.

WSJ: Yahoo! (YHOO) is planning a major brand overhaul.

WSJ: The IRS is stepping up scrutiny of off-shore funds.

WSJ: Wall St has lost interest in the hotel industry.

WSJ: Barclays (BCS) is being asked to give more data on Lehman.

WSJ: Advertisers are giving consumers more power over how their data is used on the web.

WSJ: Best Buy (BBY) is targeting 15% market share of cellphone industry.

WSJ: As banks dress up their balance sheets, credit spreads will spike.

WSJ: Short sellers increased bets on NYSE stocks.

WSJ: Time Warner Cable (TWC) and Comcast (CMCSA) are not doing enough to protect their programs on the web.

WSJ: Delays in the Boeing (BA) 787 could hurt airlines in Asia.

WSJ: Monsanto (MON) will restructure its herbicide business.

WSJ: Nike’s (NKE) net fell 30% on restructuring.

WSJ: Sanofi will cut research and dive into generic drugs.

NYT: The GOP will paint Bernanke as a friend of big government.

NYT: The developing world is seen as an engine for the recovery.

NYT: The World Bank says Russia faces a long recession.

NYT: A CME group disputed the notion that speculators drove up oil prices.

FT: The ECB is pumping 442 billion euros into the banking system.

FT: Critics emerged about Citigroup’s (C) plan to raise pay of some executives.

Bloomberg: Treasuries fell as new auction added to supply concerns.

Douglas A. McIntyre

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