Media
Media Digest 10/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Corporate directors are on the hot seat over management pay.
Reuters: The US healthcare system wastes up to $800 billion a year.
Reuters: Capmark Financial filed for bankrupcy.
Reuters: The land dealer advisor resigned from Calpers.
Reuters: Legg Mason (NYSE:LM) will elect Nelson Peltz to its board.
Reuters: HealthSouth will fund the expenses of dissident nominees to its board.
Reuters: Deloitte said global revenue at its member firms was down 4.9%.
Reuters: Barron’s says investors should swap Yahoo! (NASDAQ:YHOO) shares for Google (NASDAQ:GOOG).
Reuters: Oil fell below $80 on economic recovery concerns.
WSJ: Gold and stocks are recovering at the same time, which does not usually happen.
WSJ: Netflix (NASDAQ:NFLX) will offer movies on the Sony (NYSE:SNE) PlayStation.
WSJ: Ford (NYSE:F) is gaining market share and may have become profitable in Q3.
WSJ: US household debt is shrinking which may help the recovery.
WSJ: Two Chinese fund companies will begin to buy securities off-shore.
WSJ: Asian chip makers are experiencing a turnaround.
WSJ: The fall of the Chinese yuan is worrying other nations in Asia.
WSJ: Global shipping may be a reliable standard for measuring the recovery.
WSJ: Treasury sales will increase this week but it seems that the demand is present.
WSJ: With oil prices rising, Dubai is considering raising $6.5 billion in debt.
WSJ: Kraft (NYSE:KFT) needs Cadbury to help its bottom line.
NYT: The Obama Administration is trying to figure out what to do with financial firms that are too big to fail.
NYT: “Twitter is “smart enough, or lucky enough” to let its users create new features for it, says an M.I.T. professor.”
NYT: Hollywood is struggling to replace the DVD.
NYT: Advertiser are dropping newspaper sites for more targeted media.
NYT: Big cellphone makers are shifting to Google (NYSE:GOOG) Android.
NYT: Michael Eisner’s Vuguru will launch with Canadian backing.
NYT: The EU warned of antitrust concerns about a tie-up of American (NYSE:AMR), British Airways, and Iberia.
FT: Beijing will allow overseas investment after a 17 month pause.
FT: House Democrats would like to wind down the largest financial firms.
Bloomberg; Pay of the top executives at Bank of America (NYSE:BAC) and Citigroup (NYSE:C) averaged $18 million last year.
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