Media
Media Digest 11/19/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Senate Democrats unveiled their healthcare plan.
Reuters: Hedge fund manage Griffin has rebounded from losses.
Reuters: GM must pay its debt and become profitable before an IPO.
Reuters: Kraft (NYSE:KFT) is still considered the front-runner to buy Cadbury.
Reuters: GE (NYSE:GE) expects slow growth in its huge technology infrastructure group in 2010.
Reuters: A member of the Fed said the agency should not tackle energy price issues.
Reuters: The World Gold Council said gold demand fell 34% in Q3.
Reuters: Private bankers are expected to help the wealthiest Chinese invest $7.6 trillion by 2013.
WSJ: Blackstone (NYSE:BX) will buy Birds Eye.
WSJ: Merit increases should make a comeback in 2010.
WSJ: Bond yields are turning against life insurance companies.
WSJ: Sony (NYSE:SNE) expects to be back to normal profit levels in 2012.
WSJ: Conde Nast is preparing content for a new e-reader.
WSJ: Dell (NASDAQ:DELL) is still playing catch-up with HP (NYSE:HPQ).
WSJ: A fight is emerging over a new jobs bill.
WSJ: California still faces a $21 billion budget gap over the next year-and-a-half.
WSJ: California is legislating for more energy-efficient TVs.
WSJ: American Express (NYSE:AXP) bought an online payment firm for $300 million.
WSJ: Ambac (NYSE:ABK) announced a capital surplus increase.
WSJ: The government will find it hard to bail out the commercial real estate business.
WSJ: The House Financial Services Committee passed a measure to allow banks to issue government-back debt during tough financial periods.
WSJ: Delta (NYSE:DAL) said it would put over $1 billion into Japan Air.
WSJ: AMD (NYSE:AMD) will cut its debt with cash from a settlement with Intel (NASDAQ:INTC).
NYT: Luxury stores are raising the prices of many items.
NYT: Banks engaged in risky behavior before the credit crisis even though regulators were aware of their actions.
NYT: The rising price of drugs is causing House leaders to call for a review.
NYT: Wells Fargo (NYSE:WFC) will buy $1.4 billion in auction rate securities.
NYT: The European ombudsman said that the EC made some mistakes in its Intel (NASDAQ:INTC) antitrust probe.
NYT: Nearly one million people will see jobless benefits end in January if Congress does not act.
FT: Obama said the US debt could cause double dip recession.
FT: There are renewed fears of a China property bubble.
FT: Vivendi may seek more cash from GE (NYSE:GE) for its piece of NBCU.
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Douglas A. McIntyre
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