Media
Media Digest 10/28/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: The Nielsen survey shows consumer confidence up in the US for the first time since 2007.
Reuters: Obama’s financial reforms are advancing in Congress.
Reuters: The pay czar said his authority should not be expanded.
Reuters: Obama’s “too big to fail” bill would curb bailouts.
Reuters: The ex-CEO of AMD (NYSE:AMD) may have given tips to a Galleon information source.
Reuters: Treasury may have to provide more money for GMAC.
Reuters: FedEx (NYSE:FDX) and UPS (NYSE:UPS) clashed over a bill on labor rules.
Reuters: Visa’s (NYSE:V) earnings beat forecasts.
WSJ: The pay czar increased base salaries at many firms.
WSJ: Hilton’s debt is becoming a problem for Blackstone (NYSE:BX).
WSJ: A new poll shows Americans are more pessimistic about the economy.
WSJ: The UAW is fighting some concessions to Ford (NYSE:F).
WSJ: The search for a CEO for Bank of America (NYSE:BAC) is facing hurdles.
WSJ: Broadcast TV owners are pressing cable firms to pay for carrying their channels.
WSJ: The SEC is questioning Apollo on revenue recognition policies.
WSJ: IAC (NASDAQ:IACI) is open to selling its search business.
WSJ: IBM (NYSE:IBM) extended its share buyback.
WSJ: Motorola (NYSE:MOT), Palm (NASDAQ:PALM) and HTC are having trouble getting their smartphones to stand out.
WSJ: Large financial firms may have to pay some costs of a collapse of a competitor.
WSJ: The dollar is the currency of choice in black markets.
WSJ: S&P put the mortgage insurance divisions of seven companies on watch.
WSJ: The SEC wants more power over asset-backed securities.
WSJ: Franklin Resource (NYSE:BEN) had a good quarter.
WSJ: Cost cutting will only get BP (NYSE:BP) so far.
WSJ: Online retailers are pushing better service to pick up market share.
WSJ: More car companies are looking at the design of Chinese autos which are selling outside it home market.
WSJ: Nokia (NYSE:NOK) released a new smartphone for China.
WSJ: The FCC may take some TV airwaves and auction them off for wireless internet.
WSJ: The FTC is monitoring tech competition issues.
WSJ: McDonald’s (NYSE:MCD) is gaining market share in the fast food sector.
NYT: Reva, which makes electric cars, may have a strong future in that sector.
FT: A new law may force some financial firms to sell risky businesses.
FT: The CEO of UAL (NASDAQ:UAUA) say that there is still too much capacity in the industry.
Bloomberg; SAP (NYSE:SAP) cut its full-year sales forecasts.
Douglas A. McIntyre
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