Media
Media Digest (10/15/2009) Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Goldman Sachs (NYSE:GS) is having trouble justifying its huge bonuses.
Reuters: Bruce Wasserstein, M&A giant and head of Lazard (NYSE:LAZ), died.
Reuters: Congress will probe compensation at AIG (NYSE:AIG).
Reuters: US foreclosures fell for a second month but stayed high.
Reuters: The Fed discussed rasing its asset purchases at the last FOMC.
Reuters: Roche’s results were helped by Tamiflu sales.
Reuters: JPMorga (NYSE:JPM) had a $3.6 billion profit setting a high bar for rivals.
Reuters: RIM (NASDAQ:RIMM) launched a touchscreen version of the Blackberry.
WSJ: “Calpers said a former board member had reaped $50 million in fees for arranging investments that could saddle state taxpayers with hundreds of millions of dollars in losses.”
WSJ: AT&T (NYSE:T) slammed Google (NASDAQ:GOOG) over call blocking by its Voice application
WSJ: Sumner Redstone will cut his stakes in CBS (NYSE:CBS) and Viacom (NYSE:VIA).
WSJ: Overseas Chinese Banking Corp bought certain assets of ING.
WSJ: BHP Billiton (NYSE:BHP) and Rio Tinto (NYSE:RTP) dropped a plan to co-market some of their products.
WSJ: Sour mortgages could hurt GE (NYSE:GE) earnings.
WSJ: Microsoft (NASDAQ:MSFT) is opening its first retail stores.
WSJ: Wal-Mart (NYSE:WMT) is expanding its wireless programs.
WSJ: Google’s (NASDAQ:GOOG) results are likely to show that the recession is passing.
WSJ: China’s foreign currency reserves hit $2.273 billion.
WSJ: Obama is proposing at $250 payment to 57 million seniors, veterans and people with disabilities next year.
WSJ: Congress is concerned about the usefulness of first time homebuyer credits.
WSJ: Options traders are favoring IBM’s (NYSE:IBM) earnings prospects.
WSJ: China faces a big retrenchment of its factories as exports remain slow.
WSJ: GM predicted big growth in China.
WSJ: Oracle (NASDAQ:ORCL) is targeting IBM with some of its new products.
WSJ: Skype’s founders are trying to get an injunction against a sale of the company by eBay (NASDAQ:EBAY)
WSJ: The Wall Street Journal (NYSE:NWS) is likely to pass USA Today (NYSE:GCI) in paid circulation.
NYT: Electronic markets are threatening The New York Stock Exchange (NYSE:NYX).
NYT: Treasury officials want more banks to pay back bailout money.
NYT: A suit filed against the SEC claims it did not detect the Madoff scheme.
NYT: Thomson Reuters (NYSE:TRI) will buy Breakingviews.
NYT: The head of EADS said the aircraft industry will do better than expected.
NYT: Crédit Agricole will repay bailout money.
NYT: About 7,300 people gave offshore tax data to the IRS.
FT: The dollar was hit on signs from the Fed that rates will stay low.
FT: Geithner aides made million on Wall St.
Bloomberg: Xstrada dropped its $49 billion bid for Anglo American.
Bloomberg: Consumer prices will probably show that inflation is not a risk.
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Douglas A. McIntyre
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