Media
Media Digest (10/19/2009) Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: US corporations are concerned about the weakness of the dollar.
Reuters: Bernanke says that global imbalances in trade and cash flows must be addressed.
Reuters: Wal-Mart (NYSE:WMT) is attacking new markets with huge price cuts.
Reuters: Obama Administration officials say big Wall St. bonuses are “obscene”
Reuters: Symantec (NASDAQ:SYMC) said millions of computers have fake security software.
Reuters: The government is getting ready to file a number of insider trading charges.
Reuters: Google (NASDAQ:GOOG) is taking its Apps business global and claims to have two million customers.
Reuters: UBS (NYSE:UBS) sent a registered letter to clients about tax issues.
Reuters: Amazon’s (NASDAQ:AMZN) Kindle should easily hold its e-reader market lead through the holidays.
Reuters: CME is in informal talks to take over CBOE.
Reuters: Blackstone (NYSE:BX) will begin to invest in theme parks.
Reuters: Germany says EU concerns will not hurt Opel deal.
WSJ: Drug companies should benefit from expanded healthcare by getting more insured customer. Insurance companies should be hurt by more competition.
WSJ: Vivendi and GE (NYSE:GE) are about $500 million apart in a deal for the European firm to sell its stake in NBCU.
WSJ: Employer-subsidized retirement benefits and employer-paid health care are both being undermined by the recession.
WSJ: Money managers are facing smaller bonuses.
WSJ: GM’s support for the Opel deal is being tested.
WSJ: The Administration is pushing Arab states to export more to China so the Asian nations will not do business with Iran.
WSJ: CIT (NYSE:CIT) is sweetening its offer to bondholders.
WSJ: Nokia (NYSE:NOK) and Sony Ericsson (NYSE:SNE)(NASDAQ:ERIC) are focusing more on margins.
WSJ: Apple (NASDAQ:AAPL) is being burdened by quickly rising expectations.
WSJ: The US dollar may have further to fall.
WSJ: Junk bond investors think the market may be peaking.
NYT: The arrest of Raj Rajaratnam has rattled the hedge fund industry.
NYT: Some businesses are profiting from the fall of the US dollar.
NYT: Nokia’s market share in the US is falling quickly.
FT: Citigroup (NYSE:C) may have to sell Banamex because of Mexican legal rulings.
FT: Russia is trying to raise $18 billion in the international bond markets.
FT: Barclays CEO warned on regulation of banks and bonuses.
Bloomberg: Gold may move toward $2,000.
Douglas A. McIntyre
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