Media
Media Digest 10/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Toyota (NYSE:TM) returned to a profit.
Reuters: The Fed will keep rates near zero for an extended period.
Reuters: Cisco (NASDAQ:CSCO) beat forecasts.
Reuters: Gold is near $1,100.
Reuters: The Senate approved new jobless benefits and housing aid.
Reuters: Chrysler offered its new turnaround plan.
Reuters: Cable and film operations helped profits at Time Warner (NYSE:TWX) and News Corp (NYSE:NWS).
Reuters: Google will seek revenue from online retailers.
Reuters: Former Countrywide CEO Mozilo will face fraud charges.
WSJ: A battle is shaping in the Senate over Dodd’s plan to have only one bank regulator.
WSJ: The Senate may raise the taxes of multinationals but help the tax burden of big companies hurt by recession.
WSJ: Wall St. incentive pay will be up 40%.
WSJ: Private equity owned firms had their worst default rates in a decade.
WSJ: Qualcomm’s (NASDAQ:QCOM) profits were hit by charges.
WSJ: Verizon’s (NYSE:VZ) Droid phone could hurt RIM (NASDAQ:RIMM) Blackberry sales.
WSJ: Microsoft (NASDAQ:MSFT) cut another 800 jobs.
WSJ: Politicians are urging the government to go easy on small community banks which could cause trouble later.
WSJ: The credit rally should help AIG’s (NYSE:AIG) rights.
WSJ: NYS hit Intel (NASDAQ:INTC) will antitrust charges.
WSJ: Merck (NYSE:MRK) is looking at buying biotech companies.
NYT: Medical device companies may not see heavy regulation under new healthcare legislation.
NYT: Chrysler’s cash balance is up since June.
NYT: Germany is angry over GM’s decision to keep Opel.
NYT: Moody’s says four of the ten largest private equity deals have defaulted.
NYT: Google (NASDAQ:GOOG) and other companies are challenging an EU settlement with Microsoft (NASDAQ:MSFT) on its web browser.
NYT: A quarter of all businesses are run by women.
NYT: The World Bank raised its forecast for China’s economy.
FT: Goldman Sachs (NYSE:GS) had only one daily trading loss in the third quarter.
FT: Impulse buying has given way to frugality in the US.
FT: News Corp (NYSE:NWS) said its $900 million deal with Google to supply ads for MySpace is at risk.
Bloomberg: UBS (NASDAQ:UBS) gets poor ratings from analysts.
Douglas A. McIntyre
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