Media Digest (4/29/2010) Reuters, WSJ, NYTimes, FT. Bloomberg

Media

Douglas A. McIntyre

Published: April 29, 2010 3:54 am

Last Updated: April 29, 2010 5:25 am

Reuters: Hewlett-Packard (NYSE: HPQ) will gamble on the smartphone industry with its buyout of Palm (NADSAQ: PALM)

Reuters: The oil spill from a BP plc (NYSE: BP) rig is close to shore.

Reuters: Obama picked Janet Yellen to be the vice chairman of the Fed.

Reuters: Oil held steady above $83.

Reuters: Apple (NASDAQ: AAPL) may charge $1 million to advertise on its mobile phone.

Reuters: Continental (NYSE: CAL) and UAL (NASDAQ: UAUA) met again to discuss a merger.

NYT: Oil leaking from a Gulf platform may be coming at 5,000 barrels and not the 1,000 estimated previously.

NYT: Republicans will allows a debate about the financial bill on the Senate floor.

NYT: Goldman Sachs Group (NYSE; GS) and its lobbyists are being ignored in DC.

NYT: The IMF promised more aid for Greece.

NYT: German exposure to Greek debt is $37 billion.

NYT: Doctors often must do hours of uncompensated follow-up work.

NYT; A wind farm off Cape Cod was approved.

NYT: Toyota (NYSE: TM) announced another recall.

WSJ: The leaking well in the Gulf did not have a remote shut-off guard.

WSJ: Contagion fear hits Spain

WSJ: Europeans are investigating rating firms because they may have contributed to the credit crisis.

WSJ: HTC made a deal to use some Microsoft (NASDAQ: MSFT) patents.

WSJ: Pennsylvania utility PPL is acquiring the regulated U.S. business of Germany’s E.ON for $6.7 billion in cash,

WSJ: Exxon Mobil’s (NYSE: XOM) is set for a rally.

WSJ: The former head of DuPont will become the chair at Bank of America (NYSE: BAC).

FT: Basis Yield Alpha Fund, a hedge fund, is seeking compensation from Goldman for CDO losses.

FT: CDO fees went to credit rating agencies despite failures of their ratings.

FT: The Fed says that the economy is strengthening.

FT: US officials set the oil spill on fire.

Bloomberg: Elevation Partners made a 5% return on Palm

Bloomberg: The IMF says that Asia may have bubbles in certain capital markets.

Bloomberg: Baidu’s (NASDAQ: BIDU) profits soared.

Douglas A. McIntyre

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