Media

Media Digest 9/4/2009 Reuters, WSJ, NYT, FT, Bloomberg

newspaperReuters:   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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