Media Digest 12/18/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Douglas A. McIntyre

Published: December 18, 2009 3:59 am

Last Updated: March 26, 2020 10:25 am

Reuters: Merger activity will grow slowly in 2010.

Reuters: Bank of America’s new CEO said he would focus on execution.

Reuters: Profits at RIM (NASDAQ:RIMM) topped forecasts.

Reuters: Oracle (NASDAQ:ORCL) posed a surprise rise in sales.

Reuters: Kraft (NYSE:KFT) lender Barclays (NYSE:BCS) suspended research coverage of Cadbury (NYSE:CBY)

Reuters: Fedex’s (NYSE:FDX) forecast disappointed Wall St.

WSJ: Regulators are fighting over control of the banking industry.

WSJ: Infighting about TARP came to the surface as Citigroup (NYSE:C) and Bank of America (NYSE:BAC) left the program.

WSJ: Palm (NASDAQ:PALM) posted a loss.

WSJ: TV makers like Sony (NYSE:SNE) are gambling on 3D TV in the home.

WSJ: News Corp (NYSE:NWS) is fighting Time Warner Cable (NYSE:TWC) to get fees for carrying channels like Fox.

WSJ: Take-Two’s (NASDAQ:TTWO) loss widened and Icahn took and 11% stake.

WSJ: The number of homes that had electricity shut off due to non-payment rose this year.

WSJ: Intel (NASDAQ:INTC) will release new chips that will pressure AMD ((NYSE:AMD) and Nvidia (NASDAQ:NVDA).

WSJ: China stores are avoiding sharp holiday discounts.

WSJ: China said a link-up of the iron ore operations of Rio Tinto (NYSE:RTP) and BHP Billiton (NYSE:BHP) would threaten to raise steel prices.

WSJ: GM is in better shape than the government expected.

WSJ: OPEC will keep production steady.

WSJ: Securities regulators are investigating private dissemination of Wall St. research.

WSJ: Meredith Whitney cut earnings forecasts for Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS).

NYT: Foreign investors trying to buy US industrial assets are facing blocks from the government.

NYT: Mobile phones are becoming essential for holiday shopping.

NYT: Google (NASDAQ:GOOG) may buy Yelp which reviews local businesses.

FT: Activists are targeting CEO succession.

FT: Ryainair cut off talks with Boeing (NYSE:BA) about buying 200 planes.

Bloomberg: Pimco is increasing its cash holdings to highest level since Lehman collapse.

Douglas A. McIntyre

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