Media

Media Digest 10/22/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   China’s GDP rose 8.9% and the government said it would stick with its liberal monetary policies.

Reuters:   Larry Summers said the US recovery is on track.

Reuters:   More Americans will delay retirement.

Reuters:   Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOOG) set up real-time search deals with micr- blogging company Twitter.

Reuters:   The top pay at bailed-out banks is being cut 50%.

Reuters:   Microsoft launched Windows 7 and is hoping for a PC sales rebound at firms including Dell (NASDAQ:DELL) and Hewlett-Packard (NYSE:HPQ).

Reuters:   Acer said its revenue could double in three years.

Reuters:   Fidelity is letting customers trade foreign stocks.

Reuters:   Executive hiring in Asia is up.

Reuters:   A panel urged change in the top structure of The World Bank.

Reuters:   eBay’s (NASDAQ:EBAY) holiday outlook disappointed.

WSJ:   Galleon will close.

WSJ:   Apple (NASDAQ:AAPL) improved its Mac line-up.

WSJ:   Credit Suisse (NYSE:CS) has a Q3 profit.

WSJ:   The Beige Book showed signs of stability.

WSJ:   Strong sales at Cadbury may hurt Kraft’s (NYSE:KFT) bid.

WSJ:   Bank of America (NYSE:BAC) sold First Republic.

WSJ:   Facebook will add music sales.

WSJ:   China is ratcheting up its cyberspying operations against the U.S.

WSJ:   Crude moved above $70 a barrel.

WSJ:   Breaking up banks could create a more sound financial system.

WSJ:   Kraft (NYSE:KFT) may have to raise its bid for Cadbury.

WSJ:   Pentagon spending could hurt Boeing (NYSE:BA) and Northrop Grumman (NYSE:NOC).

WSJ:   Google (NASDAQ:GOOG) plans to let visitors listen to music on its results page

WSJ:   Wal-Mart (NYSE:WMT) will make more price cuts to increase business.

WSJ:   Verizon (NYSE:VZ) slammed the FCC on net neutrality.

NYT:   Twitter’s search deals with Microsoft and Google may bring it more money.

NYT:   Obama announced a small-business lending package.

NYT:   The UK government rejected a suggestion by the BOE that large banks be broken up.

FT:   MySpace will abandon its race with Facebook and move toward being a music site.

Bloomberg:  Procter & Gamble (NYSE:PG) may buy some of Sara Lee’s overseas operations.

Douglas A. McIntyre

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