Media

Media Digest 8/25/2009

newspaperReuters:   Bernanke will be reappointed as Fed chief.

Reuters:   New deficit projects could hurt Obama’s plans.

Reuters:   The SEC and Bank of America (BAC) asked a judge again to approve a deal regarding Merrill Lynch bonuses.

Reuters:   GM is considering keeping Opel.

Reuters:   Auto dealers are being swamped with trade-ins now the the “clunkers” program is lending.

Reuters:   There will be a political fight over Wall St. pay disclosures.

Reuters:   GameStop (GME) says it CFO will retire.

WSJ:   Apple’s (AAPL) Jobs is focusing on the company’s new tablet product.

WSJ:   Regulators will look into the Goldman Sachs (GS) practice of giving research comments to preferred clients.

WSJ:   Companies willing to spend money to expand during the recession are having success.

WSJ:   Brazil’s new reserves will help Shell’s exploration plans (RDSA).

WSJ:   Mortgage holders who fall behind in payments are less likely to catch up than in the past.

WSJ:   Nokia (NOK) will move into the netbook market.

WSJ:   Yahoo! (YHOO) made changes to its e-mail and messaging services.

WSJ:   Schwab (SCHW) is fighting an attempt by NYS’s Cuomo to cover ARS losses of clients.

WSJ:   There may be a double dip in housing prices.

WSJ:   Best Buy (BBY) was hurt by a drop in demand for HD-TVs.

WSJ:   Fannie Mae (FNM) and Freddie Mac (FRE) surged on news that the Fed bought mortgage paper.

WSJ:   There are troubling comparisons between Google (GOOG) growth and eBay’s (EBAY) in 2005-2006.

WSJ:   Toyota (TM) announced a recall in China.

WSJ:   Sinopec (SNP) is looking overseas to help production.

NYT:   China is moving ahead of the US in solar energy research.

FT:   GM may keep Opel.

FT:   Yahoo! (YHOO) will keep fighting Microsoft (MSFT) over internet tools like e-mail.

FT:   A sustained recovery could be hurt by lack of imports among the world’s largest nations.

FT:   China’s exports passed Germany’s in the first six months.

Bloomberg:   The FDIC may ease rules to allow private equity firms to buy banks.

Bloomberg:   Citigroup (C) has added 1,400 people to help modify home loans.

Douglas A. McIntyre

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