Media
Media Digest 11/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Hurricane Ida is heading toward Gulf oil fields.
Reuters: Kraft (NYSE:KFT) will make its bid for Cadbury.
Reuters: GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have agreed to an NBCU valuation.
Reuters: The IMF is considering an insurance levy on banks.
Reuters: Opel unions want autonomy as a condition for talks.
Reuters: Advanta filed for bankruptcy protection.
Reuters: Morgan Stanley (NYSE:MS) will try to sell its stake in China bank CICC.
Reuters: Sprint (NYSE:S) will invest more in Clearwire (NASDAQ:CLWR).
Reuters: China said it hopes the US will keep its deficit at an “appropriate” size.
Reuters: The head of Goldman Sachs (NYSE:GS) said banks do “God’s work.”
WSJ: Companies that sell to consumers say that the customers will be frugal for a long time.
WSJ: G20 officials disagreed on a tax on bank transactions.
WSJ: NBCU will be valued at $30 billion.
WSJ: AXA AsiaPacific rejected at $10 billion bid from AMP.
WSJ: Northrup Grumman (NYSE:NOC) will sell its TASC unit for $1.7 billion.
WSJ: A healthcare bill would cause wide oversight of insurance companies.
WSJ: Dollar General is about to go public.
WSJ: Microsoft (NASDAQ:MSFT) Windows 7 sales are off to a strong start.
WSJ: S&P has begun considering offering potential loss numbers from some residential bonds.
WSJ: Public company stock listings have dropped sharply in recent years.
WSJ: Las Vegas Sands (NYSE:LVS) hopes to raise $3.83 billion in the IPO of its Asia unit.
WSJ: Some of the largest banks do not provide adequate data about investment banks and securities operations.
WSJ: Wal-Mart (NYSE:WMT) risks little in its e-book and DVD prices wars because online sales are only 1% of revenue
WSJ: The Supreme Court will decide when a business when a business method can be patented
WSJ: Lear is set to exit Chapter 11 as a smaller car parts firm
NYT: Rent the Runway wants to do for fashion what NetFlix (NASDAQ:NFLX) did for movies.
NYT: Circulation at The New York Post, owned by News Corp (NYSE:NWS) is down about 30% in a little over two years.
NYT: Wal-Mart (NYSE:WMT) is working on a program to help people who run out of money at the end of a month.
NYT: The strength of the US economy is overstated because of the way imports are accounted for in measures of gross domestic product and worker productivity.
NYT: The number of Twitter tweets a day rose to 26 million a day in October from 2.4 million in January.
FT: The markets’ inflation readings are moving up.
FT: Long-dated oil prices have risen to within a whisker of $100 a barrel.
FT: News Corp is paying $1 million a month for empty MySpace offices
FT: Robot hamster toys are popular for Christmas.
Douglas A. McIntyre
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