Media Digest 8/12/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Douglas A. McIntyre

Published: August 12, 2009 3:56 am

Last Updated: March 11, 2020 8:22 am

Reuters: GE’s (GE) water business may be too small to help earnings.

Reuters: Madoff’s CFO plead guilty.

Reuters: Auto inventories are tight but interest in the “clunkers” program is falling.

Reuters: China formally arrest Rio Tinto (RTP) employees.

Reuters: JP Morgan (JPM) is trying to sell 23 office properties.

Reuters: George Soros says the US economy has bottomed.

Reuters: BHP Billiton’s (BHP) profits beat forecasts.

Reuters: GM claimed remarkable mileage from its Volt electric car.

Reuters: Lender Taylor Bean will probably go bankrupt.

WSJ: A survey of economists showed strong support for Bernanke to be reappointed.

WSJ: US firms are being investigated for a Mexican oil scam.

WSJ: The FDA chief has been accused of a conflict of interest.

WSJ: Electricity prices are dropping sharply with demand.

WSJ: The White House is considering allowing vouchers for the “clunkers” program because of low auto inventories.

WSJ: Nestle posted a small decline in its net.

WSJ: Obama unveiled a derivatives plan.

WSJ: The new RIM (RIMM) Blackberry Curve costs less than other models of the handset.

WSJ: Microsoft (MSFT) reached a deal with Nokia (NOK) to put a version of Office on handsets.

WSJ: Toyota (TM) is still pushing the Prius in China.

WSJ: RealNetworks (RNWK) lost a court case on DVD copying.

WSJ: US productivity rose sharply as companies reduced costs.

WSJ: Atticus Capital will close two large funds.

WSJ: Both output and demand rose in China.

WSJ: Improvement in the US trade gap are likely to end.

WSJ: CIT (CIT) delayed its quarterly filing.

WSJ: Yahoo! (YHOO) is trying to convince Wall St. that it future as a portal is bright.

NYT: China’s incinerators have become a global health hazard.

NYT: Banks in Asia steered clear of complex mortgage instruments.

NYT: Investors sold bank shares ahead of news from the Fed.

FT: Speculation is growing over the turning point in the Dollar’s value.

Bloomberg: A Bloomberg survey of economists expect four quarter of growth of 2% or better and unemployment to rise above 10%.

Douglas A. McIntyre

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