Media
Media Digest 8/19/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Published:
Last Updated:
Reuters: HP (HP) issued optimistic guidance.
Reuters: China is investing in the private housing sector.
Reuters: Buffett says the US is on a slow path to recovery.
Reuters: US regulators urged Citigroup (C) to push out its former CFO.
Reuters: The tax deal UBS (UBS) cut with the US may help the bank recover.
Reuters: Australia is finding doing business with China is the difference between growth and recession.
Reuters: People between 50 and 59 are taking more illicit drugs than a few years ago.
Reuters: The legal head of Microsoft (MSFT) believes that there may be challenges to its deal with Yahoo! (YHOO).
Reuters: AIG’s (AIG) new CEO is changing some of the firm’s restructuring plans.
Reuters: Wal-Mart (WMT) is going to offer high-end cosmetics to bring in affluent customers.
WSJ: US shoppers may undermine the recovery.
WSJ: Pulte (PHM) closed its deal to buy Centex.
WSJ: HP (HPQ) results were hurt by PCs and printers.
WSJ: A Tishman Speyer-led partnership is in default on debt tied to a large office portfolio.
WSJ: MGM (MGM) hired a turnaround specialist as CEO.
WSJ: There are signs of stability in housing starts.
WSJ: Sony (SNE) dropped the price on the PS3.
WSJ: Natural gas prices hit a seven-year low.
WSJ: The IMF sees deep scars in the global economy.
WSJ: Freddie Mac (FRE) appointed a COO.
WSJ: Microsoft (MSFT) is trying to reverse an injunction that may keep it from selling its Word software.
WSJ: Private equity firms are holding onto cash they raise.
WSJ: Home Depot (HD) and Lowe’s (LOW) are faced with a drop in high end home improvements.
WSJ: Exxon Mobil (XOM) has set up a $41 billion natural gas deal with China.
WSJ: European regulators are looking into reports of exploding Apple (AAPL) iPhones.
FT: Germany’s economy is recovering more quickly than expected.
FT: Corporate bond issues worldwide have topped $1 trillion this year.
Bloomberg: China’s market has entered bear market territory, down 20% this year.
Bloomberg: Sovereign funds are curbing their appetite for risk after large losses.
Douglas A. McIntyre
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