Media
Media Digest (10/9/2009) Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Chinese investors are holding a large amount of gold.
Reuters: Bernanke sees tighter policies as the economy improves.
Reuters: The Congressional Oversight Panel says that the US plan to help homeowners with mortgages is not enough.
Reuters: The FDIC questioned a review of Citigroup (NYSE:C) management.
Reuters: News Corp (NYSE:NWS) CEO Murdoch called on China to open it markets to the media.
Reuters: A pension fund has asked the pay czar to cut retirement benefits to Bank of America’s (NYSE:BAC) Lewis.
Reuters: Obama is facing pressure for action on the economy.
Reuters: Tengzhong may close a deal to buy Hummer from GM
Reuters: Chevron’s (NYSE:CVX) production rose last quarter.
WSJ: Economists believe unemployment will stay high through 2013.
WSJ: Many retailers’ sales topped estimates.
WSJ: The US did little as the dollar continued to fall.
WSJ: Geithner speaks often to the senior managements at Citigroup (NYSE:C) and Goldman Sachs (NYSE:GS).
WSJ: Barnes & Noble (NYSE:BKS) plans an e-book reader.
WSJ: Mainframes remain a profitable business for IBM (NYSE:IBM).
WSJ: Renaissance Technologies founder James Simons will retire next year.
WSJ: Monsanto (NSYE:MON) received an antitrust inquiry from Justice.
WSJ: Nvidia (NASDAQ:NVDA) is cutting some ties with Intel (NASDAQ:INTC).
WSJ: The EU and Microsoft (NASDAQ:MSFT) are still fighting over details of an antitrust deal.
WSJ: GlaxoSmithKline (NYSE:GKS) has built itself into a pandemic prevention company.
WSJ: LBO deals have much less leverage this year.
WSJ: Shares in Berkshire Hathaway (NYSE:BRK) still lag the DJIA.
WSJ: Fixed income units at banks are likely to drive quarterly profits, especially at Goldman Sachs (NYSE:GS) and JPMorgan (NYSE:JPM).
WSJ: Vivendi is ready to sell its stake in GE’s (NYSE:GE) NBCU
WSJ: Marriott (NYSE:MAR) posted a loss and voiced concerns about future earnings.
WSJ: Beijing Automotive plans global expansion.
NYT: The FDA may need a bailout.
NYT: The Fed is split over the timing of a rate rise.
NYT: Boeing (NYSE:BA) could be a big loser as the military cuts spending.
NYT: Retail sales last month only reached 2005 levels.
NYT: Wynn’s (NASDAQ:WYNN) Macau listing soared.
NYT: Prescription drug revenue is expected to fall.
NYT: Faniie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) continue to struggle.
FT: Larry Summers stressed the need for support of the dollar.
FT: California cut the size of a bond deal.
Bloomberg: Summers rejected slow growth as the “new normal”
Douglas A. McIntyre
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