Media Digest 8/20/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Douglas A. McIntyre

Published: August 20, 2009 3:55 am

Last Updated: April 28, 2020 1:27 am

newspaper Reuters: UBS (UBS) shares may fall when the Swiss government sells out.

Reuters: The US deficit estimate was trimmed to $1.59 trillion.

Reuters: A homeowner sued Wells Fargo (WFC) over a credit line.

Reuters: AIG (AIG) was sued by policyholders over the Madoff fraud.

Reuters: Wall St. is worried about the pay czar’s ability to claw back old compensation.

Reuters: The US “clunkers” program may end by early September.

Reuters: GM and Magna will meet about Opel.

Reuters: Rio Tinto (RTP) gave a good forecast when it announced earnings.

Reuters: Fidelity said its assets and inflows are rising.

Reuters: A UPS (UPS) worker sued the firm for overtime pay.

WSJ: Outplacement firms are having trouble doing their jobs.

WSJ: The SEC is playing catch up in terms of following Wall St.’s new technology.

WSJ: Spanish bank BBVA won a U.S. government auction for Guaranty Financial.

WSJ: Southwest (LUV) which lost the Frontier deal, is looking for new M&A candidates.

WSJ: Google’s (GOOG) YouTube is pushing ways to make more money from ads and online content.

WSJ: Short sellers are moving into VW again.

WSJ: GM killed a new crossover it was planning to build.

WSJ: Profits at China Mobile (CHL) rose.

WSJ: CBS (CBS) will put video ads into a magazine for the first time.

WSJ: New apps are fueling smart phone revenue.

WSJ: Small firms are losing workers quickly.

WSJ: The stock market rally is ignoring the job market.

WSJ: Hedge funds are increasing their focus on China.

WSJ: Fidelity assets rose 8% to $2.8 trillion.

WSJ: Newspaper companies are attracting investors but their earnings improvement may not last.

WSJ: Nokia (NOK) needs to improve smartphone sales to turnaround its earnings.

WSJ: A federal judge upheld Merck’s (MRK) Singulair patent.

WSJ: Nokia (NOK) is trying to make handsets more affordable in India.

NYT: Bernanke can’t shake critics.

NYT: Toyota (TM) is falling behind other companies in an effort to make electric cars.

NYT: The FDA warned J&J (JNJ) on an antibiotic drug.

NYT: BJ’s Wholesale and Limited Brands both beat estimates.

NYT: Monsanto and DuPont have increased their rivalry in the seed business.

FT: “A coalition of large US state pension funds has backed the private equity industry’s opposition to new rules on takeovers of troubled lenders.”

FT: The Shanghai Composite and S&P now have an 80% correlation.

FT: Hedge funds are betting natural gas prices will triple.

Douglas A. McIntyre

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