Media
Media Digest 9/2/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Last Updated:
Reuters: Sales growth of Ford (F) and Hyundai topped other car companies.
Reuters: The EU could slow a takeover of Sun (JAVA) by Oracle (ORCL).
Reuters: Home sales and factory orders signaled an end to the recession.
Reuters: Executives a bailed out banks may make millions on stock options.
Reuters: Some analysts were skeptical about Bank of America’s (BAC) plan to repay part of its TARP money.
Reuters: The Disney (DIS) buyout of Marvel (MVL) may take some time to pay off.
Reuters: Hollywood is looking to India and China for capital.
Reuters: American (AMR) will cut more than 900 flight attendant jobs.
WSJ: Back-to-school sales were weak raising questions about the holiday season.
WSJ: The mortgage industry wants Fannie Mae (FNM) and Freddie Mac (FRE) turned into smaller private companies.
WSJ: Several new transactions may show the M&A market has bottomed.
WSJ: Sales at GM and Chrysler dropped last month.
WSJ: Sony (SNE) plans to launch 3D TV.
WSJ: The government stimulus package seems to be helping the economy.
WSJ: eBay (EBAY) sold two-thirds of Skype to an investor group.
WSJ: Radio firms are trying to get lenders to change terms of loans to keep them afloat.
WSJ: Long-term holdings of equities may not be the best way for investors to make money.
WSJ: The EU Chamber of Commerce says that it is becoming more difficult to do business in China.
WSJ: Take-Two (TTWO) sales fell 68% and the company posted a loss.
WSJ: The global economy is gaining steam.
WSJ: Joblessness in large cities is still rising quickly.
WSJ: Citigroup (C) is attracting buyers for its call center in Japan.
WSJ: Deutsche Bank (DB) will close a popular oil ETF.
WSJ: Wells Fargo (WFC) plans to return $25 billion to the US government without selling new stock.
WSJ: Chinese property developers are racing to get out IPOs.
WSJ: CIT (CIT) will defer an interest payment.
NYT: Manufacturing improved after 18 weak months.
NYT: Pharma companies are risking huge R&D sums to find cancer treatments.
NYT: There is still concern that the advertising market will not recover quickly.
NYT: Problems in commercial real estate are just beginning.
NYT: Freedom Communications filed for bankruptcy.
NYT: The early adoption of technology is becoming more mainstream.
FT: Asian car makers are increasing their market share in the US.
FT: US media lost $10 billion in advertising in the first half of the year.
FT: The WTO warned of protectionism due to the downturn.
Bloomberg: RHJ upped its offer for Opel.
Bloomberg: Alcatel-Lucent (ALU) plans to raise a large sum of money.
Douglas A. McIntyre
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