Media Digest 5/19/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: May 19, 2010 4:03 am

Last Updated: May 19, 2010 5:15 am

Reuters: Senate Democrats are fighting over financial reform.

Reuters: Fishing bans are growing in the Gulf.

Reuters: GM will stop paying union employees who quit.

Reuters: The euro fell after Germany banned certain types of short selling.Reuters: Oil dropped below $68.

Reuters: Google Inc.’s (NASDAQ: GOOG) smartphone share topped Microsoft’s (NASDAQ: MSFT) in the first quarter according to Gartner.

Reuters: Twitter expects to get hundreds of advertisers.

WSJ: The oil spill is headed toward Florida.

WSJ: Regulators plan circuit breakers for every stock.

WSJ: American International Group (NYSE: AIG) brought in a new executive to run its aircraft leasing unit.

WSJ: Hewlett-Packard’s (NYSE: HPQ) profits rose 28%.

WSJ: The US will press China on trade.

WSJ: A survey by MacroMarkets says home prices should rebound in 2011

WSJ: The Apple (NASDAQ: AAPL) iPhone is becoming the top-selling smartphone in Japan.

WSJ: Some politicians in Germany expect that banks to help by putting money into the EU bailout.

WSJ: Amazon.com (NASDAQ: AMZN) will launch a unit to translate foreign language books into English.

WSJ: Microsoft sued salesforce.com (NYSE: CRM) over patents.

WSJ: Yahoo! (NASDAQ: YHOO) bought a news sourcing business.

WSJ: Symantic is near a deal to buy Verisign’s security group.

WSJ: Jamie Dimon will keep both the CEO and chairman roles at JPMorgan Chase (NYSE: JPM)

NYT: Clients of The Goldman Sachs Group (NYSE: GS) have become concerned about conflicts of interest at the firm.

NYT: The reliance on Canadian oil sands for energy is growing.

NYT: The credit squeeze in Europe is hurting small business

FT: A proposal would give the Senate the ability to propose derivatives bans in the future.

Bloomberg: Default swaps moved up after German began to ban some short sales.

Bloomberg: Seven of nine Goldman “top trading” picks have fallen sharply.

Bloomberg: Private equity backed IPOs have done poorly this year.

Douglas A. McIntyre

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