Media
Media Digest 9/7/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Markets in Asia and Europe were mostly higher with many up over 1%. Cadbury rose on an offer from Kraft (KFT). Rio Tinto (RTP) rose.
Reuters: Kraft (KFT) bid $16.7 billion for Cadbury.
Reuters: China Trust bid $2.4 billion for AIG’s (AIG) Taiwasn unit.
Reuters: Markets are still concerned about stimulus programs after the G-20 meeting.
Reuters: The US leads the world in foreign weapons sales.
Reuters: Google (GOOG) says online books make the internet democratic.
Reuters: Gold is still near $1.000.
Reuters: Eddie Lampert hit back on a “inaccurate” piece on Sears (SHLD) in Barron’s
WSJ: Cadbury rejected Kraft’s (KFT) buyout offer.
WSJ: The G-20 set broad rules for regulating bank risk.
WSJ: Honda (HMC) will launch an all electric car in the US within a few years.
NYT: Movie studios are worried about the threat the movie rental kiosk Redbox is to their businesses.
NYT: Google’s (GOOG) former China CEO will fund start ups.
NYT: TV and cable companies like DirecTV (DTV) and Verizon (VZ) are starting app stores like Apple (AAPL)
NYT: Congress is trying to block the growth of natural gas to help the coal industry.
NYT: Intel (INTC) and Qualcomm (QCOM) are becoming more aggressive competing against one another.
NYT: NBC (GE) is overhauling its women’s site.
FT: Google (GOOG) is offering concessions to European publishers to help its online business.
FT: The FDA is easing the way for the GSK (GSK) Cervarix vaccine.
Douglas A. McIntyre
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