Media
Media Digest 2/17/2010 Reuters, WSJ, NYT, FT, Bloomberg
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Reuters: Obama pushed his nuclear initiative and backed a new plant.
Reuters: Oil moved toward $78 on hope of an improved economy.
Reuters: Toyota (NYSE:TM) will cut auto output.
Reuters: Fidelity says the retirement savings rate held steady.
Reuters: Morgan Stanley (NYSE:MS) may give creditors $2.4 billion in hotel properties.
Reuters: The Administration says the stimulus package stopped a free fall in the economy.
Reuters: Simon Properties offered $10 billion for General Growth.
Reuters: Credit cards delinquency rates leveled off.
Reuters: The CEO of Google (NASDAQ:GOOG) worked to improve relationships with the mobile industry.
WSJ: Toyota (NYSE:TM) said all future cars will have a brake override system. The company also said it would recall some Lexus models.
WSJ: Japan now holds more US treasury notes than China does.
WSJ: The Harvard Endowment may sell some of its $5 billion real estate portfolio.
WSJ: The U.S. Climate Action Partnership lost Conoco Philips (NYSE:COP), Caterpillar (NYSE:CAT) and BP (NYSE:BP) as members.
WSJ: The EU will give Greece a deadline to improve its budget.
WSJ: Exxon Mobil (NYSE:XOM) added to its oil reserves.
WSJ: Icahn will try to lift his ownership in Lions Gate.
WSJ: Verizon Wireless will allow subscribers to use Skype.
WSJ: The US will ratchet up its probe of Toyota.
WSJ: Redbox signed a DVD deal with Warner.
WSJ: Whole Foods (NASDAQ:WFMI) profits soared.
WSJ: Abercrombie & Fitch (NYSE:ANF) profits fell.
WSJ: Investors will carefully watch the results from Hewlett-Packard’s (NYSE:HPQ) large printer division.
NYT: Many Wall St. statesmen including George Soros and John Reed favor the Volcker rule.
NYT: Partisan politics make it difficult to make progress on the deficit.
NYT: A new case may link HSBC (NYSE:HBC) to a tax evasion investigation.
NYT: Incompatible software may hurt the growth of the broadband internet.
FT: Class action suits against Toyota hit $3.6 billion in the US.
FT: Banks are using “short sales” to get real estate off their books.
FT: The demand for US debt dropped sharply in December.
FT: Seventy percent of the funds from the stimulus package will be spent by October.
Blomberg: Goldman Sachs (NYSE:GS) and Greece did not disclose a debt swap deal.
Bloomberg: Microsoft (NASDAQ:MSFT) may hurt margins in its $19 billion Office business as its competes with Google.
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