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