Media

Media Digest 11/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The dollar may keep rising as investors close out bets on oil and the currency.

Reuters:   Black Friday deals may not signal a retail comeback.

Reuters:   Kraft (NYSE:KFT) is weighing a higher Cadbury bid as competition from Hershey (NYSE:HSY) and Nestle may emerge.

Reuters:   A group of economists raised their estimates for US growth next year.

Reuters:   Microsoft (NASDAQ:MSFT) and News Corp (NASDAQ:NWS) are working on a distribution deal that would take News Corp’s news sites off Google (NASDAQ:GOOG).

Reuters:   A Fed official said the mortgage-related asset purchase program should be extended.

Reuters:   Chieftain Capital may break into two firms.

Reuters:   JPMorgan (NYSE:JPM), Goldman Sachs (NYSE:GS), and Morgan Stanley (NYSE:MS) may outsource some back office operations to India which would bring hundreds of millions of dollars in sales to Wipro (NYSE:WIT), Infsys (NASDAQ:INFY) and Tata Consultancy. More US financial firms may move operations as they pay TARP funds.

Reuters:   Japan is leaning toward buying F-35 fighters from Lockheed Martin (NYSE:LMT).

WSJ:   Investors are backing away from risk as the year ends.

WSJ:   Italy’s Eni will buy oil stake in Uganda.

WSJ:   Reliance Industries made a $12 billion bid to take control of LyondellBasell

WSJ:   Nissan may produce its electric cars in China.

WSJ:   eBay’s (NASDAQ:EBAY) search feature was down on Saturday.

WSJ:   Existing home sales are up but that has not helped the US housing market much.

WSJ:   Banks are playing a dangerous game by using short term debt to fund loans.

WSJ:   Chrysler is offering 10% financing and $5,000 cash back on 2010 models.

WSJ:   Government payments on debt are based on interest rates that are likely to rise and by 2019 debt service could be $700 billion a year.

FT:   Microsoft and News Corp are talking about a web deal to counter Google News.

FT:   Coca-Cola (NYSE:KO) will work to triple sales in China within a decade.

Bloomberg:   The dollar may not bottom until next year.

Douglas A. McIntyre

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.