Media
Media Digest 4/14/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Daimler kept its earnings and dividend outlook for 2010.
Reuters: American International Group (NYSE: AIG) raised $2 billion thought an aircraft sale.
Reuters: Intel Corporation (NASDAQ: INTC) results lifted markets in Asia.
Reuters: A government report says mortgage modifications have been too low.
Reuters: Fed officials see a slow recovery.
Reuters: Obama hoped for a yuan move but China pushed back.
Reuters: Wal-Mart Stores Inc (NYSE: WMT) will make India a large outsourcing hub.
Reuters: A Morgan Stanley (NYSE: MS) fund may lose $5.4 billion.
WSJ: Executives at Toyota Motors Corp. (NYSE: TM) have started to blame each other for recalls, putting the founding family against other executives.
WSJ: Banks are fighting to block new rules on derivatives.
WSJ: Bank of American Corporation (NYSE: BAC) named an outsider as CFO.
WSJ: The Treasury is trying to make sure that courts and creditors do not seize Social Security benefits.
WSJ: The ex-head of Washington Mutual blamed Wall St.’s “club” for the failure of the bank.
WSJ: The USDA may relax sugar quotas.
WSJ: Large, risky banks face higher fees.
WSJ: Demand for new Greek debt was strong.
WSJ: Abercrombie & Fitch Co. (NYSE: ANF) paid its CEO to fly less.
WSJ: Starbucks Corporation (NASDAQ: SBUX) will make a big push into China.
WSJ: Apple Corporation (NASDAQ: AAPL) made upgrades to its Macbook Pro
WSJ: New regulations would tax bank derivatives trading.
WSJ: A suit says hiring for US Census jobs has been plagued by discrimination against minorities.
WSJ: Housing data may hide inflation and bubbles because it pushes down economic data.
WSJ: Good capital markets have allowed European property companies to refinance debt.
WSJ: Troubles in the bank industry and new laws could hurt bank plans to raise dividends.
WSJ: Toyota stopped sales of a Lexus SUV model with safety problems.
WSJ: Twitter started a new ad program to increase revenue.
WSJ: Nearly half of the households in the US owe no taxes.
NYT: Banks are resisting plans to cut mortgages.
NYT: More Congressmen are going to work for financial firms when they retire.
NYT: Genetically engineered crops may be overused.
FT: The IMF is pushing a plan for bank surcharges in Europe.
FT: Investors are trimming their bets on Greece on new worries about the nation’s economy.
FT: Thomson Reuters will launch new web products to fight Bloomberg.
FT: Elan Microelectronics will expand its patent suit against Apple to include the iPad.
Bloomberg: China’s growth may cause a new increase in interest rates.
Douglas A. McIntyre
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