Media Digest 4/27/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   A new panel to address the budget deficit will start work.

Reuters:   A lawyer for Goldman Sachs Group (NYSE: GS) said it is not an “evil empire.”

Reuters:   The euro slipped on concern about Greek aid.

Reuters:   Research-in-Motion (NASDAQ: RIMM) showed its new operating system.

WSJ:   The finance bill in the Senate was hurt by a major vote.

WSJ:   The Senate is set for a showdown with Goldman.

WSJ:   A major bias suit against Wal-Mart (NYSE: WMT) will move forward.

WSJ:   Higher oil prices helped the results of BP plc (NYSE: BP).

WSJ:   Investors are buying derivatives based on the defaults of some cities.

WSJ:   Google, Inc (NASDAQ: GOOG) will not make its Nexus One compatible with the Verizon Wireless system.

WSJ:   UAL, Inc (NASDAQ: UAUA) and Continental (NYSE: CAL) are in a fight over price in their merger talks.

WSJ:   The BP oil spill could reach land within days.

WSJ:   The Treasury will begin to sell some Citigroup (NYSE: C) shares.

WSJ:   GM will begin to hire new workers.

WSJ:   Google’s market share in China fell.

WSJ:   Boston Scientific (NYSE: BSX) reported a lower net and outlook.

WSJ:   Toyota Motor (NYSE: TM) increased its production.

WSJ:   Sales at the Ford Motor (NYSE: F) financial arm are likely to fall.

WSJ:   Ford may have trouble cutting more costs.

WSJ:   The short interest on NASDAQ and NYSE rose.

WSJ:   Problems at Goldman have caused Morgan Stanley (NYSE: MS) to trade close to the large bank on some metrics.

WSJ:   The Treasury will sell $40 billion in notes this week.

NYT:   More than 130 companies have retained lobbyists to help counter bills being debated in Congress.

NYT:   Goldman faces new allegations about trading mortgages.

NYT:   Analysts say that most of the $12.6 billion in home credits went to people who would have bought anyway

NYT:   AstraZenaca will pay $520 million for improperly marketing a drug.

FT:   Insurers will be hit by global financial crisis legislation.

FT:   Wall St. was helped by profit surges at Caterpillar (NYSE: CAT) and Whirlpool (NYSE: WHR).

Bloomberg: Deutsche Banks’s (NYSE: DB) profits rose 48%.

Douglas A. McIntyre

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