Media
Media Digest 10/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: GM says most of its cost cutting is done and its sales chief left.
Reuters: Spot gold hit a record above $1,050.
Reuters: The Senate healthcare bill weighs in at $829 billion.
Reuters: Dell (NASDAQ:DELL) plans its first smartphone to be launched with AT&T (NYSE:T) using the Google (NASDAQ:GOOG) Android OS
Reuters: Alcoa (NYSE:AA) had a surprise quarterly profit.
Reuters: ECB will hold rates and cautioned on the recovery.
Reuters: The Justice Department opened an IBM (NYSE:IBM) antitrust probe.
Reuters: BlackRock (NYSE:BLK) is competing for a role in rating risk.
Reuters: “Dark pools” of capital are outpacing regulation according to experts.
Reuters: As bonds improve Wall St. is hiring some fixed income people back.
Reuters: Starbucks (NASDAQ:SBUX) sued an executive who left for Dunkin’ Donuts.
WSJ: Consumer credit outstanding dropped 12% in August, a trend that could hurt the recovery.
WSJ: The UK is blocking to stop the TicketMaster (NASDAQ:TKTM) buyout of Live Nation (NYSE:LYV).
WSJ: Retail vacancies hit 20-year highs.
WSJ: The management at Citigroup (NYSE:C) got good reviews from an outside consulting firm.
WSJ: The FCC is eying airwave growth for the cellular industry.
WSJ: The EU says it can settle the Microsoft (NASDAQ:MSFT) antitrust case by year end.
WSJ: Google (NASDAQ:GOOG) will submit an amended digital book pact.
WSJ: Qualcomm (NASDAQ:QCOM) unveiled a pocket TV player.
WSJ: HSBC (NYSE:HBC) is interested in buying certain RBC assets.
WSJ: Regulators are worried that laws regulating over the counter derivatives are too lax.
WSJ: Banks will probably report shrinking earnings and higher loan losses for last quarter.
WSJ: An offering of $20 billion in 10-year Treasuries did well.
WSJ: The new Skype (NASDAQ:EBAY) application for the Apple (NASDAQ:AAPL) could hurt AT&T (NYSE:T) wireless income.
WSJ: Ford (NYSE:F) is stepping up its ad campaign.
NYT: A large shareholder wants Bank of America (NYSE:BAC) to replace its CEO with an outsider.
FT; Obama is under pressure on the falling dollar.
Bloomberg: Earnings estimates for Deutsche Bank (NYSE:DB) and Credit Suisse (NYSE:CS) were raised by Morgan Stanley (NYSE:MS).
Douglas A. McIntyre
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