Media
Media Digest 10/29/2009 Reuters, WSJ. NYTimes, FT, Bloomberg
Published:
Last Updated:
Reuters: House Democrats unveiled their healthcare bill.
Reuters: Senators may extend home purchase credits until April.
Reuters: China will launch a case against The Big Three auto companies.
Reuters: Galleon paid Wall St. bankers millions to give data that would allow a trading “edge.”
Reuters: The SEC is looking for ways to follow fast trading.
Reuters: CIT (NYSE:CIT) was able to secure a $4.5 billion lending facility.
Reuters: New home sales dropped last month.
Reuters: Big US companies are lining up against the healthcare public option.
Reuters: Accounting irregularities may be on the rise in the US.
Reuters: US holiday spending could fall more than expected.
Reuters: GM’s CEO said the money the government has given it is adequate.
Reuters: McKinsey and Akamai (NASDAQ:AKAM) are opening investigations into Galleon trading.
WSJ: Senators and Congressman are meddling in management decisions at GM and Bank of America (NYSE:BAC).
WSJ: The FTC may get expanded powers.
WSJ: AIG (NYSE:AIG) is getting billions of dollars from banks as credit-default-swap trades have reversed in its favor.
WSJ: P&G (NYSE:PG) may kill some brands.
WSJ: Motorola’s (NYSE:MOT) new phone will launch today.
WSJ: Deutsche Bank’s (NYSE:DB) net rose.
WSJ: Saks (NYSE:SKS) will test private sales for certain customers online.
WSJ: Google (NASDAQ:GOOG) will limit call blocking in its voice application.
WSJ: Some debt issuers find they do not need credit rating agencies.
WSJ: Many economists believe that brisk GDP growth cannot last.
WSJ: Greenhill will spin out its private equity operations.
WSJ: GM will draw more funds, mostly to help Delphi.
WSJ: Ford (NYSE:F) has tapped China’s Geely as the lead bidder for Volvo.
WSJ: Costco (NASDAQ:COST) will allow customers to use food stamps.
WSJ: US Airways (NYSE:LCC) will cut more routes.
NYT: Nintendo will launch a larger screen DS for $222.
NYT: Google’s (NASDAQ:GOOG) move into mobile GPS will be a challenge for many other companies.’
NYT: GM is seeing an improvement in sales and market share.
NYT: Europe approved the break up of Northern Rock.
FT: China’s sovereign wealth fund warned of an asset price bubble.
FT: 401K funds are improving but still at the mercy of the market.
Bloomberg: Buffett beat Gross in a global poll for which investor has the most wisdom.
Bloomberg: The Fed is cutting purchases of paper that held down yields.
Douglas A. McIntyre
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