Media

Media Digest 11/12/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   China is the key stop on Obama’s tour of Asia.

Reuters:   South Korea’s businesses may start to feel more pressure from China competitors..

Reuters:   Hewlett-Packard (NYSE:HPQ) bought 3Com (NYSE:COM) for $3.1 billion.

Reuters:   Lou Dobbs left CNN (NYSE:TWX)

Reuters:   The US may cut the deficit with unused TARP funds.

Reuters:   Motorola (NYSE:MOT) may sell its home and networks operations for $4.5 billion.

Reuters:   Morgan Stanley (NYSE:MS) is aggressively recruiting brokers.

Reuters:   FCC conditions on the Comcast (NYSE:CMCSA) joint venture with GE’s (NYSE:GE) NBCU unit could hurt benefits to putting together cable and content assets.

WSJ:   The recession is driving more people to work.

WSJ:   Governments around the world are trying to help the value of the dollar.

WSJ:   Disney (NYSE:DIS) is changing how it markets films giving each movie its down marketing team.

WSJ:   Benmosche says he is committed to staying at AIG (NYSE:AIG).

WSJ:   Macy’s (NYSE:M) raised its forecasts but its stock fell.

WSJ:   The creation of Apple (NYSE:AAPL) Apps has turned into a cottage industry.

WSJ:   Ford’s (NYSE:F) sales in Europe rose 13% last month.

WSJ:   People returning to the work force are facing sharp pay cuts.

WSJ:   China will lift the ban for banks to trade bonds listed on local exchanges.

WSJ:  Mortgage insurance companies may not be able to pay some claims to Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE).

WSJ:   Trading in 3Com shares suggest its deal to be bought by HP leaked.

WSJ:   Women now hold over half of all jobs.

WSJ:   Exxon Mobil (NYSE:XOM) has built a huge refinery in China.

WSJ:   Applied Materials (NASDAQ:AMAT) posted a profit, but will cut jobs.

WSJ:   Samsung may pass HP as the world’s largest tech company.

NYT:   Large European companies with big portfolios in the shipping business may take financial losses.

NYT:   Goldman Sachs (NYSE:GS) has set aside $200 million for charity.

NYT:   The Bank of England will pump more money into the economy.

NYT:   Ad pages at Conde Nast magazines are still falling.

FT:   Bank of America (NYSE:BAC) is still struggling to find a CEO.

FT:   Dodd’s plan to cut Fed’s power is under pressure in Congress.

Bloomberg:   Some members of Congress are still intent on breaking up big banks.

Bloomberg:   Dollar General will go public at a price that has a higher multiple of earnings than Wal-Mart (NYSE:WMT)

Douglas A. McIntyre

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