Media Digest 12/30/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Douglas A. McIntyre

Published: December 30, 2009 4:04 am

Last Updated: March 26, 2020 10:26 am

Reuters: GMAC will get $3.5 billion in additional fund from the government.

Reuters: Oil rose near $80 on low supply and the economic recovery.

Reuters: Share in JAL dropped over 20% on bankruptcy concerns.

Reuters: Target (NYSE:TGT) was the victim of a hacker who stole credit card numbers.

Reuters: The Chicago PMI is out today.

WSJ: Now that bank stocks are rallying, the FDIC wants equity in firms that got assets from failed banks.

WSJ: Home prices moved up, but the outlook is cloudy.

WSJ: States and cities are still spending money and tax credits to get new businesses to move to their areas.

WSJ: Shell is increasing it biofuels spending.

WSJ: The ITC will rule on US complaints that China is dumping steel.

WSJ: Nokia (NYSE:NOK) filed IP charges against Apple (NASDAQ:AAPL) with the ITC.

WSJ: State and local taxes dropped 7% in the third quarter.

WSJ: J&J (NYSE:JNJ) widened its recall of Tylenol products.

WSJ: Microsoft’s (NASDAQ:MSFT) role in the mobile market is quickly disappearing.

WSJ: A medical journal questioned how the FDA approved certain heart devices.

WSJ: “Smartbooks”, a new type of small laptop, will start to compete with smartphones.

WSJ: WiMax firms are widening their focus to build chips for the emerging Long Term Evolution standard which will compete with WiMax-based carriers.

WSJ: Consensus earnings estimates for 2010 are high, a challenge to the rise of US stock markets.

NYT: Many homeowners find that banks have little incentive to renegotiate mortgages.

NYT: Employee fraud using gift cards is increasing.

NYT: Market in Brazil, Russia, China, and India are racing ahead of most expectations.

NYT: Music downloads funded by advertising are taking on new life.

NYT: Japan introduced a long-term plan to help its economy.

FT: Russia will curb inflows of speculative cash.

FT: Broadcom (NASDAQ:BRCM) settled stock back-dating claims for $160 million.

FT: Rising indebtedness is hurting America’s image as a financial leader.

FT: Emerging market funds are growing rapidly.

Bloomberg: Morgan Stanley (NYSE:MS) says an M&A rebound may be years away.

Bloomberg: The worst US investment funds for the last decade never recovered from the technology stock free fall.

Bloomberg: Treasuries are set for their worst year since 1978 on high funding needs and an early economic recovery.

Douglas A. McIntyre

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