Media

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

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

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

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