Media Digest 12/21/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Douglas A. McIntyre

Published: December 21, 2009 3:55 am

Last Updated: March 26, 2020 10:25 am

Reuters: The healthcare bill moved over key hurdles in the Senate.

Reuters: Oil is above $73 on Iran-Iraq tensions.

Reuters: Citadel filed for Chapter 11.

Reuters: The head of AIG (NYSE:AIG) said his company would get aggressive about repaying the US government.

Reuters: OPEC will keep prices of oil firm as they remain high.

WSJ: The last decade was the worst for stocks since th 1820s.

WSJ: GM is seeing renewed interest in Saab

WSJ: Shell is seeking buyers for its assets in Nigeria.

WSJ: Treasury dealers said yields will rise in the year ahead.

WSJ: David Tepper’s hedge fund made $7 billion betting on the recovery.

WSJ: Buyers turned out last weekend despite a heavy storm.

WSJ: Store sales are down but e-commerce is having a great year.

WSJ: Verizon Wireless (NYSE:VZ)(NYSE:VOD) set a new $350 fee to break cellphone contracts.

WSJ: China Telecom will offer the RIM (NYSE:RIMM) Blackberry.

WSJ: The economy will end the year more strongly than most economist had expected.

WSJ: Barnes & Noble (NYSE:BKS) said that buyers who do not get Nook e-reader by Christmas will get a $100 gift certificate.

WSJ: The new head of Morgan Stanley (NYSE:MS) is trying to cut the firm’s appetite for risk established under John Mack.

WSJ” S&P estimates that corporate pensions lost $400 billion in the market drop.

NYT: Companies are hiring many temp workers and may make some of those positions permanent.

NYT: Pfizer (NYSE:PFE) bought a stem cell research program.

FT: China sovereign fund CIC will receive $200 billion in new capital.

FT” Asian demand for Japanese goods is recovering.

FT: Oil demand next year will keep prices between $70 and $80.

FT: Returns on high yield bonds soared.

Bloomberg: Dubai may not be able to offer a standstill agreement on its $22 billion in debt causing more trouble for lenders.

Bloomberg: Citigroup’s (NYSE:C) warrants may offer the government a low return.

Douglas A. McIntyre

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