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