Media
Media Digest 10/7/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Wealth management firms are starting to target the not-so wealthy.
Reuters: Gold’s record price drew a muted response.
Reuters: Google (NASDAQ:GOOG), Microsoft (NASDAQ:MSFT), and Palm (NASDAQ:PALM) are heating up the smartphone software race.
Reuters: US banks are slow to assume commercial property losses.
Reuters: The SEC is investigating hospital giant HCA over fraudulent billing charges.
Reuters: A slump in bank M&A could last many months.
Reuters: Amazon (NASDAQ:AMZN) will start to sell the Kindle around the world.
Reuters: Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) will start to help mortgage banks.
WSJ: Hilton executives may face charges for stealing documents from rival Starwood (NYSE:HOT).
WSJ: The Fed is worried the commercial real estate problems could mirror the problems of the mortgage bust.
WSJ: Amazon (NYSE:AMZN) cut the price of the Kindle in the US by $40.
WSJ: Office rents are diving.
WSJ: Bank of America (NYSE:BAC) cut the list of candidates for its CEO job.
WSJ: Boeing (NYSE:BA) took more losses on product delays and it likely to have rough quarters ahead.
WSJ: AIG (NYSE:AIG) is looking at bids for its Taiwan unit.
WSJ: Exxon Mobil (NYSE:XOM) bought a stake in a large Ghana oil field.
WSJ: Qualcomm (NASDAQ:QCOM) is pushing deeper into the mobile TV business.
WSJ: Jobless numbers will be key to Democrats getting re-elected in 2010.
WSJ: Saudi Arabia is seeking to keep its role in the IMF.
WSJ: Bank of America (NYSE:BAC) will freeze credit card interest rates.
WSJ: The top executives at Sirius XM (NASDAQ:SIRI) will sell stock in the company when options vest.
WSJ: Oil prices face a drop in winter heating demand.
WSJ: AT&T (NYSE:T) will allow eBay’s (NASDAQ:EBAY) Skype and other VoIP applications on the Apple (NASDAQ:AAPL) iPhone.
WSJ: Sales of luxury cars in China are helping the industry.
NYT: The federal government may offer tax credits to companies that hire new workers.
NYT: Government cutbacks in aid to asset-backed securities could hurt the credit markets.
NYT: Authors and librarians are opposing Google’s (NASDAQ:GOOG) digital book plans.
NYT: The ECB is balancing economic aid against inflation.
NYT: Deplhi came out of Chapter 11 and sold some asset to GM.
NYT: The FDIC will sell assets of Corus Bancshares.
FT: Citigroup (NYSE:C) may sell off its commodities group which is run by Andrew Hall who made $100 million last year.
FT: Santander Brazil raised $8 billion in IPO and is as big as Deutsche Bank (NYSE:DB) in market cap.
FT: Coca-Cola (NYSE:KO) is working with doctors on obesity to avoid at tax on its drinks.
Bloomberg: A major investor says cash reserves will push markets up well into 2010.
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