Media Digest 7/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Douglas A. McIntyre

Published: July 9, 2009 3:07 am

Last Updated: April 28, 2020 1:26 am

newspaper Reuters: The promise of mobile TV is being destroyed by smartphone use of software applications.

Reuters: More attacks on websites in the West are expected and North Korea is suspected.

Reuters: China has arrested Rio Tinto (RTP) employees.

Reuters: The age of the media mogul may be over.

Reuters: Alcoa’s (AA) quarterly loss was smaller than expected.

Reuters: CIT (CIT) is urging the government to back its bonds.

Reuters: Blackrock (BLK) will raise $5 billion for a federal program to buy toxic assets from banks. (C)(BAC)

Reuters: AIG (AIG) is in talks to sell a unit to Met Life (MET).

Reuters: Pickens pull back from wind energy could affect the future of the energy source.

Reuters: Wall St may be facing a large correction.

Reuters: JP Morgan (JPM) and Bank of America (BAC) are moving credit card holders to variable rates.

Reuters: US consumer credit fell $3.23 billion in May.

WSJ: The Administration is pondering whether it should re-appoint Bernanke as Fed chairman.

WSJ: A House climate bill would favor US companies raising free trade concerns.

WSJ: A key official is leaving the SEC.

WSJ: GM is still working on the severance for former CEO Rick Wagoner.

WSJ: Google (GOOG) is targeting Microsoft’s (MSFT) desk top application business.

WSJ: Subprime is resurfacing as a housing market problem.

WSJ: Las Vegas Sands (LVS) is considering an IPO of its Macau assets.

WSJ: Empty malls are triggering rent cuts.

WSJ: The Swiss will block any order for UBS (UBS) to provide data.

WSJ: States will use federal funds to plug budget gaps.

WSJ: OPEC cut its oil investment forecast.

WSJ: Ad spending on social networks is expected to drop this year.

WSJ: EMC (EMC) is likely to prevail in its bid for Digital Domain.

WSJ: The US will crack down on suppliers who employ illegal aliens.

WSJ: Prudential (PRU) will start to loan money to mid-sized firms.

WSJ: China plans to sell a large number of bills to cut liquidity in the nation.

WSJ: The interest rates that the US government is paying on debt may not keep falling.

WSJ: Many are skeptical about Google’s (GOOG) plan to take on Microsoft (MSFT) in the OS business.

WSJ: Hyundai may have trouble hanging on to market share if it drops incentives.

WSJ: GM’s fate rides with Chevy, which could be 70% of its sales next year.

WSJ: Panasonic is going after the appliance business in emerging markets.

WSJ: Toyota (TM) is seeing a recovery of its business in China.

WSJ: NRG rejected Exelon’s bid.

NYT: Leaders of big unions are being distracted by disputes.

NYT: “The Obama administration has had to adjust its plans for banks because many do not like the strings attached to government programs.”

NYT: The Jackson memorial service set audience records on TV and the web.

NYT: Best Buy (BBY) and Tivo (TIVO) are forming an alliance.

FT: The IMF says that the world is pulling out of recession.

FT: The G8 failed to agree on an economic boost package.

Bloomberg: Citigroup (C) says AIG (AIG) has zero value for private holders.

Bloomberg: China car sales moved up 48% in June.

Douglas A. McIntyre

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