Media

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

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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