Media
Media Digest 11/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: The Wall St. insider trading probe lead to another 14 arrests.
Reuters: Fannie Mae (NYSE:FNM) lost $19 billion and asked Treasury for money.
Reuters: GM is readying its plans for Opel as some of its workers went on strike.
Reuters: The pay czar says the jury is still out on reforms.
Reuters: Stock exchanges are under pressure to defend business against new electronic competition.
Reuters: CBS (NYSE:CBS) beat earnings.
Reuters: The head of the SEC said the agency should be self-funding.
Reuters: Starbucks (NYSE:SBUX) raised its outlook.
WSJ: Money moving into commodities has slowed and the markets may drop.
WSJ: A federal cap on interest rates paid by weak banks could accelerate closings.
WSJ: Wal-Mart (NYSE:WMT), Amazon (NASDAQ:AMZN), and Target (NYSE:TGT) are starting to cut prices on DVDs.
WSJ: British Air will make 3,000 more job cuts.
WSJ: Sirius XM (NASDAQ:SIRI) showed financial improvement in the last quarter.
WSJ: The FTC is investigating CVS Caremark (NYSE:CVS).
WSJ: Microsoft (NASDAQ:MSFT) Windows 7 sales are off to a strong start.
WSJ: JDA Software (NASDAQ:JDSA) is buying i2 Technologies (NASDAQ:ITWO).
WSJ: Productivity moved up in Q3.
WSJ: Hyatt (NYSE:H) and Ancestry (NASDAQ:ACOM) moved up after their IPOs.
WSJ: Exxon (NYSE:XOM) and Shell won rights to drill at large oil field in Iraq.
WSJ: IMS will be bought by private equity interests.
WSJ: Borders (NYSE:BGP) will close 200 stores.
WSJ: US retail spending rose in October.
NYT: BioCryst Pharmaceuticals has developed a new H1N1 treatment.
NYT: Some in Congress are concerned that a Texas wind farm that would get stimulus could create more jobs in China than the US.
NYT: One of the methods for bank bailouts have allowed large financial firms to save $25 billion in borrowing costs.
NYT: EU trade barriers are rising with the recession.
NYT: A judge ruled against tobacco companies trying to dodge FDA regulations.
NYT: The US imposed duties on steel pipes from China.
NYT: Lenovo’s quarterly profits rose sharply.
FT: Citigroup (NYSE:C) will relaunch its troubled hedge fund unit.
FT: USB (NYSE:UBS) staff speculated with client accounts.
FT: Google (NASDAQ:GOOG) unveiled a privacy tool.
Bloomberg: Schumer urged Obama to block stimulus funds for a China- backed wind farm.
Douglas A. McIntyre
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