Media

Media Digest 9/14/2009

newspaperReuters:   Obama is trying to push Wall St. reform.

Reuters:   German aid for Opel will go in part to Russia for operations there.

Reuters:   A global poll shows support for stimulus packages.

Reuters:   J&J (JNJ) is in talks to cut its $1.5 billion Elan investment.

Reuters:   Cadbury’s chairman said Kraft’s (KFT) bid was unwanted and unattractive.

Reuters:   JAL shares jumped on AMR (AMR) and Delta (DAL) investment talks.

Reuters:   EMC (EMC) hired a top Intel (INTC) executive.

Reuters:   China scorned a US tire tariff.

Reuters:   The Fed may not raise rates until 2011.

Reuters:   Banks are changing CEOs but that may not make them safer.

WSJ:   “China said it would review complaints about U.S. exporters of chicken and auto products after Washington’s move to slap punitive sanctions on Chinese tire imports.”

WSJ:   China may take a stake in power plant developer AES which is based in the US.

WSJ:   New prime brokerages are being formed to service hedge funds.

WSJ:   The CEO of Toll (TOL) made money on sales of shares.

WSJ:   Chevron (CVX) got approval for a huge LNG project in Australia.

WSJ:   UPS (UPS) will offer web printing services.

WSJ:   LG plans a Google (GOOG) Android smartphone.

WSJ:   Renault and Nissan are betting on electric cars.

WSJ:   A BIS survey notes that big banks are a threat to markets and should pay higher taxes.

WSJ:   Growth in Asia appeared to be “decoupled” from the West, again.

WSJ:   China Mobile (CHL) said its iPhone talks with Apple (AAPL) are ongoing.

WSJ:   The US is finding its role in business and finance hard to unwind.

WSJ:   Risk taking behavior is returning to Wall St.

WSJ:   Blog networks are doing well with advertising while traditional competitors are not.

FT: Hedging gold has lost it luster.

FT:   Doubts remain over the B of A (BAC) buyout of Merrill Lynch.

Douglas A. McIntyre

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