Media
Media Digest 3/17/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: China took a hard position on the value of the yuan despite US pressure.
Reuters: Google’s (GOOG) ad partners in China expressed concerns about its plans.
Reuters: If banking laws change, Goldman Sachs (GS) may be unable to cope.
Reuters: China’s demand for natural gas may surprise global markets.
Reuters: Arrow will shortly reply to an offer from Royal Dutch Shell (RDS) and PetroChina (PTR).
Reuters: The World Bank told China to tighten it monetary policy.
Reuters: Intel’s (INTC) stock moved up on comments about first quarter revenue.
Reuters: The Fed renewed its policy to keep rates low for and extended period.
Reuters: PIMCO says that the Fed’s end to mortgage purchasing is a form of tightening.
Reuters: A Senate panel is likely to approve bank reform.
WSJ: Foreign companies find it harder to do business in China against its membership in the WTO.
WSJ: Simon Property is readying a new bid for GGP.
WSJ: Bank of Japan loosened its monetary policy.
WSJ: VirnetX Holding won a patent suit against Microsoft (MSFT) for use of virtual private network software.
WSJ: Regulators ordered Boeing (BA) to fix problems on 777s.
WSJ: Pepsi (PEP) said it will move full-calorie sweetened drinks from schools in 200 countries by 2012.
WSJ: The Google (GOOG) Nexus One will compete with the Apple (AAPL) iPhone on the AT&T (T) network.
WSJ: Large tech companies are dominating the innovation market because of their huge cash balances.
WSJ: A new FCC plan to broaden broadband distribution will not bring down current prices.
WSJ: The Hartford plans to repay TARP funds.
WSJ: GE (GE) expects to raise it dividend.
WSJ: Honda (HMC) recalled over 400,00 cars.
WSJ: A move to 4G may change the cellular service pricing model.
NYT: Drug companies are losing market share to local firms in emerging markets.
NYT: A weak euro has raised questions about the region’s growth prospects.
NYT: Web data collection companies can access people’s social security numbers.
NYT: Lawmakers want more study of how regulation will affect financial markets.
NYT: Lehman hid money with help of global financial regulations.
FT: China asked multinational companies to fight efforts to change its currency policies.
FT: Blockbuster (BBI) may have trouble with DVD supplies because of money problems.
Bloomberg: Economist Martin Feldstein says that Greece cannot drop its deficit as fast as expected.
Douglas A. McIntyre
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