Media

Media Digest 6/18/2009

newspaperReuters:   China’s expansion is leading to charges is it stripping asset from other under-developed countries.

Reuters:   UBS (UBS) will reveal the names of 5,000 clients in a deal with US tax authorities.

Reuters:   Schwab (SCHW) was sued by NYS over auction rate securities.

Reuters:   Greenspan sees a strong end to 2009 but worries about next year.

Reuters:   An SEC reviews of AIG (AIG) disclosures found inconsistencies.

Reuters:   The National Retail Federation found that an important part of back to school sales lies ahead.

WSJ:   Options back-dating was more common that supposed. Companies which might have been involved include Omnicom, Dress Barn, and United Rentals.

WSJ:   Economists do not agree on the pace of the recovery or whether there will be one at all.

WSJ:   GM has cut a deal to sell Saab

WSJ:   The new CEO of AIG (AIG) will make $7 million.

WSJ:   Sony (SNE) has delayed launch of its ultra-thin TV.

WSJ:   Banks continue to tighten loan standards.

WSJ:   The Reader’s Digest filed for Chapter 11.

WSJ:   CIT (CIT) narrowed losses and its tender succeeded.

WSJ:   Dell (DELL) is developing phones for China.

WSJ:   Sony Ericsson replaced its CEO.

WSJ:   Biofuel companies are looking at using fish to harvest algae.

WSJ:   China will appeal a ruling on distribution of entertainment within its borders.

WSJ:   Rosetta Stone delayed its public offering.

WSJ:   The VIX jumped almost 15%.

WSJ:   Media companies are trying to figure how much of the drop in ad and DVD sales is permanent.

WSJ:   Fox Business is close to a deal to sign Don Imus.

NYT:   Brazil is seeking more control of the oil beneath its its seas and is cutting back on ties with foreign oil firms.

NYT:   Tax bills are pressuring homeowners.

NYT:   Some small cities are paying to keep air travel.

NYT:   The SEC is working on new restrictions to short selling.

NYT:   US car companies made progress in a new consumer satisfaction survey.

FT:   Dell (DELL) will release a smart phone with China Mobile (CHL).

FT:   DreamWorks raised $825 million.

Douglas A. McIntyre

Is Your Money Earning the Best Possible Rate? (Sponsor)

Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.

However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.

There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.