Media

Media Digest 2/12/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:  The IMF may join the bailout of Greece.

Reuters:   The European Central Bank will help in efforts to ease Greek debt.

Reuters:   Motorola (NYSE:MOT) will split its businesses in half in 2011.

Reuters:   The Madoff family will be pursued by prosecutors.

Reuters:   China urged the US to cancel a Obama meeting with the Dalai Lama.

Reuters:   The head of Toyota (NYSE:TM) will come to the US as Congress probes recalls by the company.

Reuters:   Google (NASDAQ:GOOG) defended its digital book deal with authors and publishers.

WSJ:   Economists expect that many of the 8.4 million jobs lost in the recession will never return.

WSJ:   China reported a surge in property values and loans during January.

WSJ:   Hollywood is experimenting with putting out DVDs closer to theater release dates.

WSJ:   The head of the pharma lobby will resign after betting healthcare legislation will pass.

WSJ:   P&G (NYSE:PG) will launch a new razor despite a slowdown in the economy.

WSJ:   Americans will begin to own a piece of Warren Buffett as Berkshire Hathaway (NYSE:BRK.A) enters the S&P 500.

WSJ:   FirstEnergy agreed to acquire Allegheny Energy for $4.7 billion in stock.

WSJ:   GE (NYSE:GE), Siemens (NYSE:SI) and others are rolling out convenient handheld ultrasound devices that could open up a new market.

WSJ:   Google bought a social media search engine site.

WSJ:   US video game sales turned negative.

WSJ:   The rising cost of food is driving inflation higher in Asia.

WSJ:   M&A in emerging markets has passed the volume of deals in the US.

NYT:   The NYSE and NASDAQ are working to get China company listings.

NYT:   Obama advisers expect unemployment to be 8.2% in 2012.

NYT:   GE will spend $80 million in the US to support its Healthymagination initiative.

FT:   The “Volcker rule” on bank proprietary trading could hurt Goldman Sachs (NYSE:GS) profits.

FT:   Goldman Sachs will be one of the banks that runs the IPO of AIG (NYSE:AIG) Asia insurance assets.

FT:   The German economy did not grow at all in the fourth quarter of last year.

Bloomberg:  Former regulators hired by Toyota Motor Corp. helped end at least four U.S. investigations of unintended acceleration by company vehicles in the last decade, warding off possible recalls, court and government records show.

Douglas A. McIntyre

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