Media
Media Digest (10/16/2009) Reuters, WSJ, NYTimes, FT, Bloomberg
Published:
Last Updated:
Reuters: Google (NASDAQ:GOOG) and IBM (NYSE:IBM) posted strong results.
Reuters: Bank of America’s (NYSE:BAC) Lewis will skip 2009 pay.
Reuters: Japan Airlines says bankruptcy is an option to solving its problems.
Reuters: Soros says US economy will drag on world growth.
Reuters: A Congressional committee approved rules for over-the-counter derivatives.
Reuters: Wasserstein’s death will result in a $186 million payment for restricted stock.
Reuters: Goldman Sachs (NYSE:GS) will devote a smaller part of revenue to compensation to help quiet critics.
Reuters: The Fed’s Fisher said rates would stay low and inflation is not a risk.
WSJ: Wal-Mart (NYSE:WMT) will push Amazon’s (NASDAQ:AMZN) book initiative by offering $10 online deals.
WSJ: The US is resisting a merger between Live Nation (NYSE:LYV) and TicketMaster (NASDAQ:TKTM)
WSJ: The loss widened at Sony Ericsson (NYSE:SNE) (NASDAQ:ERIC)
WSJ: Construction may rebound in 2010.
WSJ: The Consumer Product Safety Commission will ask China to pay for some of the repairs to home using drywall made in the country.
WSJ: AMD (NYSE:AMD) posted a small-than-expected loss and Nokia (NYSE:NOK) results were hit by write-offs.
WSJ: China will probably not support sanctions on Iran.
WSJ: AIG (NYSE:AIG) will post a loss on the sale of its Taiwan unit.
WSJ: Profits at Schwab (NASDAQ:SCHW) fell.
WSJ: Profit margin that measures interest income on a bank’s assets was bad at Citigroup (NYSE:C).
WSJ: Gap (NYSE:GPS) will open a store in China.
NYT: Airlines are increasing fares for holiday travel.
NYT: Some analysts do not see the improvement in earnings at IBM and Google as a sign of a tech turnaround.
NYT: Federal jobs programs are missing many states that need them most.
NYT: Ad revenue at McClatchy (NYSE:MNI) declined.
FT: The Treasury stopped short of saying China manipulates its currency
Bloomberg: LBOs are making a comeback cutting financing costs for Blackstone (NYSE:BX).
Douglas A. McIntyre
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.