Media Digest 8/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Douglas A. McIntyre

Published: August 3, 2009 4:00 am

Last Updated: April 28, 2020 1:27 am

newspaper Reuters: Video games hope to make a comeback with new titles and price cuts.

Reuters: “Cash for clunkers” should help July car figures.

Reuters: USB (UBS) shares should do well after it settled with the US.

Reuters: China’s build-up in commodities inventory could hurt future prices.

Reuters: The July ISM should be up but still below the benchmark of 50.

Reuters: Ford (F) posted a sales rise in July.

Reuters: Yahoo! (YHOO) will focus on display ads and content.

Reuters: Ebay’s (EBAY) could be undervalued according to Barron’s.

Reuters: Phibro is in talks to break off from Citigroup (C)

WSJ: The “cash for clunkers” bill could face problems in the Senate.

WSJ: China is about to surpass the US as the largest manufacturing nation.

WSJ: A spying scandal at Deutsche Bank (DB) expanded.

WSJ: Barclay’s (BCS) bet rose 10%.

WSJ: The backer of oil and gas ETFs plans to defend its funds against government regulation.

WSJ: MGM Mirage (MGM) faces a review of its operations in Macau.

WSJ: British Air lost money.

WSJ: Drug and energy companies upped their lobbying spending in Washington.

WSJ: Twitter is becoming a tool for stock and commodities trading.

WSJ: Apple (AAPL) and AT&T (T) are being probed for rejecting a Google (GOOG) App.

WSJ: The drop in commercial real estate could hurt REITS.

WSJ: Buyers are bracing for a new wave of Treasury sales.

WSJ: RBS is near a sale of its Asian assets to ANZ.

WSJ: China investors are worried about its reliance on government spending and exports.

WSJ: Large oil companies are having trouble replacing falling reserves.

WSJ: Nissan Motors is pressing for market share for its new electric car.

NYT: Local news sites will start to post on Google’s (GOOG) YouTube.

NYT: Geithner says the recovery will be slow.

NYT: Yahoo! (YHOO) will focus on content going forward.

NYT: The FDA rejected Savient’s gout drug.

FT: Wall St. profited from trades with the Fed.

FT: Goldman Sachs’ (GS) reputation has been tarnished by bad PR.

FT: Private equity groups are carrying $400 billion in debt.

FT: Sovereign wealth funds are beginning to invest aggressively again.

FT: US car buyers are moving toward smaller vehicles.

Bloomberg: China’s manufacturing economy grew in July.

Bloomberg: Roubini says commodities prices will rise in 2010 as the recession ends.

Bloomberg: Bailout banks are buying Treasuries to keep rates low while increasing deposit bases.

Douglas A. McIntyre

The Average American Has No Idea How Much Money You Can Make Today ^(Sponsor)

The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.

But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

¹https://www.fdic.gov/national-rates-and-rate-caps