Media Digest 4/11/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Douglas A. McIntyre

Published: April 9, 2010 2:56 am

Last Updated: April 9, 2010 4:28 am

Reuters: The Fed once again pledged low interest rates.

Reuters: If the yuan rises, the euro may be badly hurt.

Reuters: Soda companies are hurt by the economy according to AlixPartners.

Reuters: March retail sales rose by record amounts.

Reuters: United (UAUA) pilots attacked a potential US Airways (LCC) merger.

Reuters: Apple (AAPL) introduced its iAd platform and said iPad sales were good.

WSJ: The Fed says that big banks covered up their risk levels over the last five quarters by moving debt off their balance sheet temporarily.

WSJ: Massey (MEE) is being accused of putting profits before safety.

WSJ: Wal-Mart (WMT) is aggressively cutting prices to get back consumers.

WSJ: Private banks in Greece are being badly hurt by the nation’s debt crisis.

WSJ: Apple’s new ad system has increased its competition with Google (GOOG).

WSJ: Charles Price and Robert Rubin took a beating by a committee looking into the credit crisis.

WSJ: Unions could scuttle the US Airways (LCC) merger with United (UAUA).

WSJ: Bain and KKR are preparing IPOs for Toys ‘R’ Us, HCA and NXP.

WSJ: Talks with China have caused US official to hope that the People’s Republic will let the yuan float by some amount.

WSJ: Los Angeles faces insolvency.

WSJ: Wynn (WYNN) killed plans to develop a casino in Philadelphia.

WSJ: The FCC will continue with its broadband plan despite a court setback

WSJ: Nokia (NOK) will offer customers in China free music.

WSJ: RealtyTrac says there will be more foreclosures on homes with mortgages over $5 million.

WSJ: The federal government will be forced to provide fewer services in the future.

WSJ: States are skipping payments into pension plans.

WSJ: S&P downgraded the Dubai port operator.

WSJ: Audi says its sales jumped in March, particularly in China.

NYT: Concerns about a Greek bankruptcy rose.

NYT: MasterCard (MC) will set up its own online shopping mall which will give behavior feedback to retailers.

FT: News Corp (NWS) offers large discounts to advertisers who run in the WSJ and NY Post as a way to compete against The New York Times (NYT)

FT: Triple digit oil prices could cut down the recovery. Goldman Sachs (GS) and Morgan Stanley (MS) say oil will hit $100 or more next year.

Bloomberg: Junk bonds captured a record part of bond sales as yields fell.

Douglas A. McIntyre

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