Media
Media Digest 12/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: China remains a top investment place for US firms.
Reuters: Suzuki sold a stake to VW.
Reuters: The Administration will extend TARP until next October.
Reuters: The Congressional Oversight Committee said TARP had done little to promote bank lending.
Reuters: Zillow says US home values will become more stable next year.
Reuters: General Growth drew a number of possible bids
Reuters: PepsiCo (NYSE:PEP) lowered the top end of its forecasts for next year.
WSJ: Funding from the US Import-Export Bank is helping Boeing (NYSE:BA) keep up plane production.
WSJ: The debt problems of nations may damage the economic recovery.
WSJ: Obama is pressing a new stimulus package.
WSJ: Game companies including Nintendo and Microsoft (NASDAQ:MSFT) are bringing out games for beginners.
WSJ: Some publishers are delaying e-books until after hardbacks are released.
WSJ: Exxon (NYSE:XOM) approved a large natural gas project.
WSJ: Nokia (NYSE:NOK) formed a joint venture to attack the Chinese market.
WSJ: TI (NYSE:TXN) raised its quarterly guidance.
WSJ: Some developers are launching Apple (NASDAQ:AAPL) applications for small businesses.
WSJ: A number of consumer products companies are for sale.
WSJ: AEP says it can eliminate carbon dioxide emissions from coal by 2025.
WSJ: UAL (NYSE:UAUA) will order new jets from Boeing (NYSE:BA) and Airbus.
WSJ: GE (NYSE:GE) said its credit losses should peak in 2010.
WSJ: Media companies say ad declines are slowing.
WSJ: Infosys is trying to cut its reliance on the US market.
WSJ: Google’s (NASDAQ:GOOG) energy unit is working on saving electricity.
WSJ: Biofuel companies are getting funds from the government.
WSJ: Nomura intends to increase its presence in the US.
WSJ: Mortgage and credit card delinquencies are expected to fall next year.
NYT: A panel said the TARP helped stop the financial panic.
NYT: GM will consider a quick program to repay its debt to the government.
NYT: Google (NASDAQ:GOOG) will offer a news by topic service put together with The Washington Post (NYSE:WPO) and The New York Times (NYSE:NYT).
NYT: The government’s mortgage relief plan is a failure so far.
NYT: A judge approved CIT’s plan to exit from Chapter 11.
FT: Japan’s GDP number was revised down sharply.
FT: A debate over Citigroup’s (NYSE:C) TARP repayment is slowing the bank’s effort to exit the program.
Douglas A. McIntyre
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