Media Digest 7/24/2009 Reuters, WSJ, NYTimes, FT. Bloomberg

Media

Douglas A. McIntyre

Published: July 24, 2009 2:54 am

Last Updated: March 11, 2020 8:21 am

Reuters: Microsoft’s (MSFT) results and forecast were weak.

Reuters: CIT (CIT) may sell its aviation finance business.

Reuters: Fatigue at the Fed is leading to questions about its expanded role.

Reuters: Twitter will pitch add-on tools to businesses.

Reuters: Vodafone (VOD) stuck to its full-year forecast.

Reuters: Amex (AXP) and Capital One (COP) had large cars losses.

Reuters: Now that Merck (MRK) is buying Medares (MEDX), investors want to know which biotech deal is next.

WSJ: The Fed unveiled rules to protect borrowers.

WSJ: Oil moved above $67.

WSJ: Defense firms say their business is solid.

WSJ: The New York Times (NYT) said it would push cost cuts and sell off some businesses.

WSJ: Amazon (AMZN) was hit by weak video game sales.

WSJ: The AP will monitor online use of its content.

WSJ: California will have more budget problems next year.

WSJ: The bad US economy has created a risk of deflation around the world.

WSJ: The Bank for International Settlements said the withdrawal of large bank activity from global markets is risky.

WSJ: GM said the number of bidders for Opel is narrowing.

WSJ: UPS (UPS) said the future would be tough.

WSJ: Large advertising firms said their business has bottomed.

WSJ: NetFlix (NFLX) added more new subscribers.

NYT: Jobless checks are being held in some states with troubled finances.

NYT: Sales of Tamiflu helped Roche results.

NYT: Home sales rose for the third month in June.

FT: Citigroup (C) asked a Fannie Mae (FNM) director to join its board.

FT: Fortress plans to go on a buying spree.

Bloomberg: JPMorgan (JPM) increased some banker salaries for next year.

Douglas A. McIntyre

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