Media
Media Digest 8/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Wal-Mart (WMT) will report results with Wall St. looking for sales growth.
Reuters: US home foreclosures set a record in July.
Reuters: Citigroup (C) hired outsiders to help with a management review.
Reuters: The former head of AIG (AIG) has offered $115 million to settle a suit.
Reuters: The Fed says the economy is stabilizing.
Reuters: The German and French economies returned to growth in the second quarter.
Reuters: The Citigroup (C) trader who is owed $100 million will be exempt from scrutiny by the pay czar.
WSJ: The Citigroup trader who is to make $100 million will probably have his pay modified.
WSJ: The creators of cap-and-trade are now advocating an emissions tax.
WSJ: Food firms are warning of a sugar shortage.
WSJ: The WTO ordered China to open new channels for distribution of US films.
WSJ: UBS (UBS), the Swiss, and the US settled a dispute on disclosing customer identities.
WSJ: The SEC is filing a case against Pequot.
WSJ: Google (GOOG) is facing a suit over the purchase of On2 (ONT).
WSJ: The US monthly budget gap was $181 billion.
WSJ: Nasdaq and the NYSE (NYX) are battling over IPOs.
WSJ: Continental (CAL) will join the Star Alliance.
WSJ: A new Microsoft (MSFT) alliance with Nokia (NOK) is aimed at the RIM (RIMM) Blackberry.
WSJ: A new study shows that network ads on internet portals MSN, AOL, and Yahoo! (YHOO) are less effective than premium ads sold at content sites.
WSJ: Spending is the US is weak without the “clunkers” boost.
WSJ: Paulson bought 168 million shares in Bank of America (BAC).
WSJ: Improving bank profits may hurt the drive for regulation.
WSJ: Toll (TOL) says home buyers are slowly returning to the market
WSJ: VW and Porsche has set an agreement to merge.
WSJ: Redbox sued studios over access to films.
NYTimes: Sony (SNE) plans to adopt a common format for its e-books.
Douglas A. McIntyre is the former chairman and CEO of On2 (ONT).
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