Media Digest 7/15/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The US may give CIT (CIT) short term loans.

Reuters:   Intel (INTC) issued a positive forecast and indicated that the PC market may be improving.

Reuters:   The US CPI was up more than expected.

Reuters:   Obama is considering a rental option for homeowners so that they can stay in their homes.

Reuters:   Calpers may sue rating agencies over bad calls.

Reuters:   A member of the Fed says the US recovery will be very slow.

Reuters:   Boeing (BA) may cut 1,000 jobs.

Reuters:   Dell (DELL) says hardware upgrades are helping margins.

WSJ:   JPMorgan (JPM) is taking a tougher stance against the government and some clients.

WSJ:   The healthcare bill would hit small business.

WSJ:   China’s Greely auto company is going after Detroit’s share around the world.

WSJ:   Inventories are not signaling an upturn.

WSJ:   Lead bidders for a large AIG (AIG) units have withdrawn.

WSJ:   Generics hurt J&J’s (JNJ) net.

WSJ:   Yum results show restaurants are offering sharp discounts.

WSJ:   The US rental market is in bad shape.

WSJ:   China is trying to increase its leverage against iron ore suppliers.

WSJ:   Apple’s App store is a way to seek fame and fortune.

WSJ:   Monsanto is bringing back an effort to engineer wheat.

WSJ:   TV networks are joining a Comcast (CMCSA) internet delivery test.

WSJ:   The New York Times (NYT) will sell its NYC radio station.

NYT:   Part-time workers mask unemployment

NYT:   Refinancings are helping bank earnings.

FT:   A coalition will attack a plan to expand Fed powers.

FT:   China’s forex reserves hit $2,000 billion.

Douglas A. McIntyre