Media

Media Digest 11/24/2009 Reuters, WSJ, NYTime, FT, Bloomberg

Reuters:   Hewlett-Packard’s (NYSE:HPQ) profit was up 14% and the company will triple its share buyback.

Reuters:   Banks have been asked to give their TARP repayment plans to the government.

Reuters:   Rich people are likely to shop early this year.

Reuters:   The US pitched the F-35 fighter to Israel.

Reuters:   Home sales hit a 2 1/2 year high.

Reuters:   Hedge funds may get $11 billion frozen at Lehman.

Reuters:   Businesses are still cautious on borrowing.

Reuters:   Murdoch’s News Corp (NYSE:NWS) may face trouble if he blocks Google (NASDAQ:GOOG) News.

Reuters:   A falling Chicago Fed index is a bad sign for the economy.

WSJ:   One in four US homeowners is underwater.

WSJ:   HSBC (NYSE:HBC) is telling individual investors to move their gold out of its New York vault to make room for institutional clients.

WSJ:   Some government factions are urging pay czar Ken Feinberg to ease up on AIG (NYSE:AIG) pay restrictions.

WSJ:   Early numbers show electronics sales may be good this holiday but apparel sales will not be.

WSJ:   Fitch cut the rating of Mexico’s debt.

WSJ:   The Organization for Economic Cooperation and Development said rich nations are moving out of a recession but that stimulus spending was still necessary.

WSJ:   The EU will coordinate will coordinate national spending deal with GM’s Opel.

WSJ:   Banks have trillions of dollars in debt due over the next few years.

WSJ:   Google (NASDAQ:GOOG) bought display ad start-up Teracent.

WSJ:   China is slowing bank lending activity.

WSJ:   Hershey’s (NYSE:HSY) bid for Cadbury could hurt the company financially.

WSJ:   Upscale auto companies are doing well in China.

WSJ:   Playboy (NYSE:PLA) will outsource much of its magazine’s  business operation.

WSJ:   Amazon (NASDAQ:AMZN) and Wal-Mart (NYSE:WMT), offering big discounts, are fighting over the future of retailing.

NYT:   Many analysts believe that customers are saving money to spend the day after Thanksgiving.

NYT:   A public database could be used to help monitor drug safety.

FT:   The IMF chief said an early exit from stimulus packages could cripple the recovery.

FT:   The EU dropped its antitrust probe of Qualcomm (NASDAQ:QCOM).

FT:   S&P raised issues over the health of many banks that will have to raise more money.

FT:   China’s rules on derivatives are hurting banks.

Bloomberg:   China’s five largest banks gave regulators plans for them to raise capital.

Bloomberg:   The Fed ask stress tested bank to set schedules for pay back TARP.

Douglas A. McIntyre

 

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