Media
Media Digest 11/18/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Thain regrets nothing he did at Merrill Lynch and during its merger with Bank of America (NYSE:BAC).
Reuters: Trump put his support to the bondholders of his casino business.
FT: A Chinese court ruled against Microsoft (NASDAQ:MSFT) in an intellectual property case.
Reuters: Almost 15,000 Americans admitted to offshore tax cheating.
Reuters: Hershey (NYSE:HSY) and Ferrero are in talks about buying Cadbury.
Reuters: House Democrats are advancing their “too big to fail” legislation.
Reuters: Fed officials differ on the recovery’s pace.
Reuters: Citigroup (NYSE:C) upped the base salaries of some executives.
Reuters: RIM (NASDAQ:RIMM), maker of the Blackberry, will stick to its current strategy.
Reuters: The CEO of Goldman Sachs (NYSE:GS) apologized for the firm’s role in the credit crisis.
Reuters: US consumers expect deep holiday discounts.
Reuters: Microsoft announced it new cloud computing plans.
WSJ: Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM) are being hurt by commercial loan defaults affecting transactions for apartment buildings.
WSJ: Goldman Sachs and Buffett have put together a program to help small businesses.
WSJ: Federal regulators are putting together plans to get cheap broadband to all Americans.
WSJ: The head of the IMF said a stronger yuan would help global economics.
WSJ: Delta (NYSE:DAL) and its alliance of airlines will offer JAL over $1 billion in funding.
WSJ: Mitsubishi UFJ (NYSE:MTU) will $11 billion in stock.
WSJ: Vivendi and GE (NYSE:GE) are setting terms for the buyout of the European company’s piece of NBCU.
WSJ: GM’s plan of Opel is still not set.
WSJ: Applied Materials (NASDAQ:AMAT) will buy Semitool.
WSJ: The FBI thinks terrorist are planning cyber attacks.
WSJ: There are still too many houses in the US to support a market recovery.
WSJ: A government report says Goldman Sachs would have suffered massive losses if AIG (NYSE:AIG) had not honored financial commitments backed by the government.
WSJ: Pimco will set up a business to help assess bond risk.
WSJ: New ETFs offer investors the chance to put money into the market like hedge funds do.
WSJ: S.C. Johnson may bid against P&G (NYSE:PG) for Sara Lee’s (NYSE:SLE) air freshener business.
WSJ: CEOs say access to credit is key to job growth.
WSJ: US power companies are teaming with Chinese operations to get access to new technology.
WSJ: Barnes & Noble (NYSE:BKS) put a poison pill into effect.
NYT: The NY State comptroller said Wall St. is on track for record profits.
NYT: Congress is pushing medical schools on the ghost writing of research.
NYT: A-Power Energy of China and the U.S. Renewable Energy Group are changing a wind farm deal because of political pressure.
FT: Apollo is preparing an NYSE listing.
FT: Sony (NYSE:SNE) is reworking its $5 billion ad budget.
FT: Banks face ratings downgrades on their bonds.
FT: A US task force will be set up to fight fraud.
Bloomberg: Private equity funding is dropping sharply.
Bloomberg: There are new warnings that China faces asset bubbles.
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