Media

Media Digest 10/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   A bear market could kill the extraordinary rally in corporate bonds.

Reuters:   Treasury will announce three more funds are buying toxic assets.

Reuters:   Bank of America (BAC) will select an emergency CEO this week.

Reuters:   Goldman Sachs (GS) is owed $1 billion if CIT (CIT) fails.

Reuters:   The Lehman administrator would like to pay out assets.

Reuters:   A new report says that the government made US banks seemed safer that they were when they received TARP funds.

Reuters:   A US-lead groups wants to buy Volvo.

Reuters:   The IMF made little progress in giving more voting power to emerging nations.

WSJ:   September retail sales will predict holiday activity.

WSJ:   The Lehman administrator would like to pay out $16 billion instead of letting the court handle the process.

WSJ:   Corporations are starting to use bond sales to fund dividends and stock buybacks.

WSJ:   Brocade (BRCD) has put itself up for sale.

WSJ:   CIT’s (CIT) plan to reorganize itself falls short in terms of fixing the company’s lending business.

WSJ:   Tech outsourcing companies want to take over IT functions completely for some companies.

WSJ:   Wal-Mart (WMT) is scaling back its DVD display business.

WSJ:   Government problems and supply issues will slow administration of swine flu vaccine.

WSJ:   There may be no new Las Vegas casino for a decade.

WSJ:   Many lost jobs will never return.

WSJ:   Futures spreads are helping to keep oil higher.

WSJ:   Independent power producers may be hurt by the glut in natural gas.

WSJ:   Wal-Mart (WMT) is planning sales that will hurt rival’s at their bottom lines.

NYT:   The dream of a tablet PC is no longer far away.

NYT:   China is spending billions of dollars to compete with companies like News Corp (NWS) and Time Warner (TWX).

NYT:   A plan by Google (GOOG) to offer ads on high-end phones keeps hitting glitches.

NYT:   A study by the Pew Project for Excellence in Journalism says the press overlooked economic problems of ordinary people.

NYT:   Greenspan sees unemployment rising to 10%.

FT:   Greenspan says growth could pass 3% this quarter.

FT:   The head of HSBC (HBC) is concerned about a second economic downturn.

FT:   The IMF has been told to aid an orderly exit for stimulus packages.

Bloomberg:   Roubini say stocks and commodities have risen too fast too soon.

Douglas A. McIntyre

Credit card companies are handing out rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.