Media
Media Digest 9/4/2009 Reuters, WSJ, NYT, FT, Bloomberg
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Reuters: China is making it difficult for foreigners to trade in its commodidites markets.
Reuters: Toshiba will pay $5 billion for a unit of Areva.
Reuters: The SEC and CFTC will align efforts to police markets.
Reuters: The Fed’s Fisher sees near-term strength in the economy.
Reuters: Low-priced retailers had improved sales last month.
Reuters: Google (GOOG) appointed a new head of its China operations.
Reuters: Santander’s Brazil unit will have a $5.6 billion IPO.
Reuters: A dispute between American Airlines (AMR) and the FAA is escalating.
Reuters: Gold is trading just below $1,000.
Reuters: Congress will probe the SEC’s role in the Madoff matter.
Reuters: Updates of the Apple (AAPL) iPod are expected to be unveiled next week.
WSJ: The FHA may see its reserves drop below the level mandated by Congress due to mortgage-related losses.
WSJ: A judge limited the First Amendment rights of credit rating agencies.
WSJ: States are shutting down temporarily to save cash.
WSJ: Verizon’s (VZ) No. 2 executive plans to retire.
WSJ: Sprint (S) will sell a phone with the Google (GOOG) Android system.
WSJ: Nokia (NOK) launched development tools for its handset software.
WSJ: Swine flu remained mild as vaccines are being developed.
WSJ: Prime borrowers are falling further behind on mortgage payments at a faster rate than subprime holders did.
WSJ: European leaders are looking for a way to cap bonuses at financial firms.
WSJ: The fund industry is fighting legal challenger to funds fees.
WSJ: The EC will probe the Oracle (ORCL) plan to buy Sun (JAVA).
WSJ: The fight over ownership of the newspapers in Philadelphia is drawing to a close.
WSJ: First Solar (FSLR) named a new CEO.
WSJ: Boeing (BA) deliveries fell last month.
NYT: More consumers are going bankrupt while waiting for loan modifications.
NYT: Stores that usually benefit from back to school sales are doing poorly.
NYT: China will buy $50 billion of First IMF bonds.
FT: G-20 nations are working on way to exit stimulus programs.
FT: Fox Business added Don Imus as its morning host.
FT: Fannie Mae (FNM) and Freddie Mac (FRE) face a uncertain future.
Bloomberg: G-20 leaders may postpone exits from stimulus programs.
Bloomberg: Economist Joseph Stiglitz thinks the economy could contract again.
Douglas A. McIntyre
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