Media Digest 8/28/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: August 28, 2009 3:57 am

Last Updated: April 28, 2020 1:27 am

newspaper Reuters: Price cuts on video consoles by Microsoft (MSFT) and Sony (SNE) have causeD the competition in the field to heat up.

Reuters: AIG’s (AIG) new CEO says he is working hard and is misunderstood.

Reuters: Dell (DELL) results were better than expected.

Reuters: The economy is shrinking more slowly and jobless claims improved.

Reuters: Toyota (TM) will end production in a California plant.

Reuters: A Chinese company may close a deal to buy Hummer next week.

Reuters: FDIC problem banks hit 416.

Reuters: Boeing (BA) says itS 787 will fly this year.

Reuters: Ford (F) added shifts at two truck plants.

WSJ: Farm profits will drop sharply this year.

WSJ: The head of AIG (AIG) says he will slow asset sales.

WSJ: Merriman Curhan Ford has begun to operate regularly again after a raft of problems.

WSJ: Japan’s jobless rate hit a record high.

WSJ: Harley Davidson (HOG) is expanding in India.

WSJ: Facebook will change its privacy controls.

WSJ: Oregon is stepping up efforts to recruit clean energy companies.

WSJ: Nokia (NOK) will use Linux in its new phone.

WSJ: Sirius (SIRI) will tap Apple’s (AAPL) iPhone and iPod for growth.

WSJ: Investor sentiment is very positive, which may cause a market decline.

WSJ: Cable stocks look cheap.

WSJ: Debt markets are nervous about Citigroup (C) and Bank of America (BAC).

WSJ: Natural gas prices fell due to a supply glut.

WSJ: Investigators began a probe into the wireless industry.

NYT: The rise in AIG (AIG) shares does not make sense due to the size of government ownership

NYT: A&E and the Lifetime channels completed their merger.

NYT: Europe is seeking rules to improve access to books online.

NYT: The WSJ will keep a PR executive as one of its writers.

FT: Sweden has announced negative interest rates on some bank deposits.

Bloomberg: July consumer spending probably up due to “cash for clunkers”

Douglas A. McIntyre

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