Media Digest 5/11/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: May 12, 2010 3:40 am

Last Updated: March 13, 2020 5:33 pm

Reuters: The SEC said there was no single cause of the market plunge.

Reuters: The Senate approved a single audit of the Fed.

Reuters: Morgan Stanley Group (NYSE: MS) is the subject of a federal probe of its activity in the mortgage derivatives market.

Reuters: Regulators said they have no estimates for the costs to bail out Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE:FRE).

Reuters: Nasdaq says more than 10,000 trades have been cancelled from the market plunge.

Reuters: Microsoft Corporation (NASDAQ: MSFT) updated Office to better compete with Google Inc. (NASDAQ :GOOG)

Reuters: Apple Inc. (NASDAQ: AAPL) questioned research that showed an increase in Android’s market share.

Reuters: Nokia oy (NYSE: NOK) shuffled management to better compete in the smartphone industry.

Reuters: The deal to take Fidelity National private may cost $15 billion.

WSJ: The US has begun to probe Morgan Stanley.

WSJ: Some firms objected to cancelled trades from the market collapse saying trades made them money legitimately

WSJ: Verizon (NYSE: VZ) and Google are developing a iPad rival.

WSJ: The German economy expanded.

WSJ: Starbucks (NASDAQ: SBUX) will offer a new low-priced coffee–Seattle’s Best

WSJ: GM may get back into car lending.

WSJ: New legislation may force banks to creating living wills in the event that they become troubled.

WSJ: Facebook is making progress in the ad sales business.

WSJ: The US may break its oil regulator into two new agencies.

WSJ: The FCC is considering a program to force cellphone companies to alert customers to charges.

WSJ: Regulators want market-wide circuit breakers.

WSJ: The price of gold reached a record.

WSJ: The head of Intel (NASDAQ: INTC) expects strong growth.

WSJ: A delayed cement plug is the focus of the cause of the Deepwater Horizon disaster.

WSJ: Bank of America (NYSE: BAC) joined JPMorgan Chase (NYSE: JPM) and Goldman Sachs in having no trading losses in any day last quarter.

WSJ: Shorts increased their bets on NASDAQ stocks.

NYT: Some analysts see parallels between Greek debt and that of the US.

NYT: The IMF is trying to get a more financial unified Europe.

NYT: Microsoft Office will be free on the web.

NYT: The Google-AdMob deal will face further review.

FT: China consumer prices rose sharply.

FT: Bank of New York-Mellon face fraud charges in NY State.

Bloomberg: Deutsche Telekom (NYSE: DT) profits rose on mobile sales.

Douglas A. McIntyre

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