Media

Media Digest (3/26/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The Nikkei topped 11,000 for the first time since October 2008

Reuters:   The White House will announce housing aid for those having difficulty with making their  mortgage payments.

Reuters:   A Fed agency is looking at certain Calpers transactions.

Reuters:   GM is expected to repay $1 billion to the Treasury.

Reuters:   UBS (UBS) will cut 200 jobs at its brokerage unit.

Reuters:   Deflation in Japan continues which may force the central bank to ease rates.

Reuters:   The near-collapse of AIG (AIG) made Wall St. a great deal of money.

WSJ:   A sudden drop in demand sent rates for Treasuries higher.

WSJ:   Several large companies are already taking charges for new health care costs.

WSJ:   Europe has agreed to a bailout of  Greece.

WSJ:   A large number of attorneys appeared before a judge to settle rules for suing Toyota (TM).

WSJ:   Oracle’s (ORCL) earnings recovered quickly from recession levels.

WSJ:   The CEO of Credit Suisse (CS) earned almost $18 million last year.

WSJ:   Reynolds is offering smokeless tobacco products to boost sales.

WSJ:   Consumer sentiment polls show discouragement while their spending is rebounding.

WSJ:   The US government may sell its holdings in Citigroup (C) in a series of small transactions.

WSJ:   Toyota (TM) appointed a new quality chief.

WSJ:   The FDA said it will not quickly review heart devices that Boston Scientific (BSX) had to stop selling.

WSJ:   GE (GE) is picking up its investment in offshore wind power.

NYT:   Leaders in China disagree about the valuation of the yuan.

NYT:   Bernanke said the Fed may start to sell its mortgage-backed securities.

NYT:   The SEC may force funds to disclose more about derivatives.

NYT:   “Cap and trade” is losing its position in the energy legislation.

NYT:   The US and EU will extend an agreement which makes it easier for airlines to operate across the Atlantic.

FT:   Dubai World will get $9.5 billion from the emirate.

FT:   Polycom drew more private equity interest.

FT:   A US-Russia nuclear arms deal could help Obama’s foreign policy clout.

Bloomberg:   CEOs are defying Obama with big pay packages.

Douglas A. McIntyre

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