Media Digest 2/9/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Toyota (NYSE:TM) will recall the Prius.

Reuters:   UBS (NYSE:UBS) posted a profit.

Reuters:   Nissan posted a profit and raised forecasts.

Reuters:   JAL will maintain its ties with AMR (NYSE:AMR).

Reuters:   A new study says beer is good for the bones.

Reuters:   CIT (NYSE:CIT) set John Thain compensation at $6 million a year.

Reuters:   State Farm warned NHTSA about Toyota in 2007.

WSJ:   Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) will remain “wards of the state” and will concentrate on mortgage modifications.

WSJ:   A new version of Google (NASDAQ:GOOG) Gmail will focus on matching Facebook’s features.

WSJ:   Boeing (NYSE:BA) flew the new version of its 747.

WSJ:   Google dropped the Nexus One termination fee.

WSJ:   Luxury store are focusing on low price and a scarcity of products to help sales.

WSJ:   Ghana killed a deal for Exxon (NYSE:XOM) to explore its oil fields.

WSJ:   Proposals in Washington to cut proprietary trading by banks would hurt Goldman Sachs (NYSE:GS) more than others.

WSJ:   Google (NASDAQ:GOOG) is still having trouble creating products to reach a large mix of customers.

NYT:   The average American will spend $1,000 to service cable, internet and video games.

NYT:   Hospitals face rising costs for taking care of people without insurance.

NYT:   China listed $9.6 billion of shares in US companies.

FT:   The Prius recall will include 500,000 cars.

FT:   Traders have made an $8 billion bet against the Euro.

Bloomberg:   China reported a surge in lending in January.

Douglas A. McIntyre