Media
Media Digest 1/5/2010 Reuters, WSJ, NY Times, FT, Bloomberg
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Reuters: Kraft (NYSE:KFT) sold it pizza business to Nestle and lifted the cash portion of its deal to buy Cadbury (NYSE:CBY).
Reuters: Cold weather pushed oil prices near $82.
Reuters: US healthcare spending is slowing.
Reuters: Ford’s (NYSE:F) China JV sales rose 55% in 2009.
WSJ: Big oil is moving more drilling offshore as land reserves dwindle.
WSJ: Apple (NASDAQ:AAPL) will ship its tablet PC in March.
WSJ: US manufacturing rebounded in December.
WSJ: Kia and Microsoft (NASDAQ:MSFT) will offer a car voice system.
WSJ: Lilly (NYSE:LLY) will use outside contractors to test drugs.
WSJ: Biogen’s (NASDAQ:BIIB) CEO will retire.
WSJ: GE (NYSE:GE) realigned its lighting and appliance units.
WSJ: Toyota (NYSE:TM) unveiled a new small car in India.
WSJ: E-books are becoming popular in China.
WSJ: Global chip sales rose 3.7% in November.
WSJ: Personal bankruptcy filings are rising quickly.
WSJ: The outlook for start-up companies in 2010 is poor.
WSJ: A growing movie audience overseas is helping films like “Avatar.”
WSJ: The IRS is increasing oversight of tax preparation firms.
WSJ: Asia nations are starting to sell debt in international markets.
WSJ: KKR and Apollo are expected to list on the NYSE this year.
NYT: Visa (NYSE:V) has improved its revenue by charging special fees for debit card transactions.
NYT: Google (NASDAQ:GOOG) will launch its Nexus One phone to keep up its momentum in smartphones.
NYT: HD TVs from LG and Panasonic will use Skype for video chat.
FT: US public pensions face a $2 trillion deficit.
FT: Bond funds are cutting holdings in US and UK debt.
FT: News Corp (NYSE:NWS) will merge two Dow Jones units.
Bloomberg: Mobius says emerging markets could loss 20% of value as IPOs undermine demand.
Douglas A. McIntyre
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