Media

Media Digest 5/21/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Shares in Europe plunged

Reuters:   Oil hit the shores of Louisiana

Reuters:   The EU faces scrutiny over whether its austerity measure will be adequate.

Reuters:   The euro moved up in a short covering rally.

Reuters:   Google Inc (NASDAQ: GOOG) launched its new TV product.Reuters:   Samsung says it sees strong cellphone demand.

Reuters:   Abbott (NYSE: ABT) will buy Piramal Health for $2 billion.

Reuters:   Toyota Motor (NYSE: TM) took a stake in Tesla.

Reuters:   Chrysler will probably have an IPO next year.

WSJ:   Fears of an economic slowdown hit stocks.

WSJ:   MySpace and Facebook face privacy problems with their websites.

WSJ:   Dell Computer (NASDAQ: DELL) profits rose as margins fell.

WSJ:   Congress criticized Toyota for problems with its vehicles.

WSJ:   The FCC said in its annual report that the cellphone business is not competitive enough.

WSJ:   The new Senate financial regulation of Wall St. could cut profits at some firms by 20%.

WSJ:   Apple Inc (NASDAQ: AAPL) is gaining ground on Adobe (NASDAQ: ADBE) Flash.

WSJ:   The FDIC says the number of problem banks rose to 775.

WSJ:   The Treasury will sell $166 billion in securities next week.

WSJ:   Mortgage rates continue to drop.

WSJ:   A Fed governor said Europe’s problems could hurt US growth.

WSJ:   ECB head Trichet is facing criticism for changing his policies.

FT:   Smaller bad loans helped improve the financials of US banks according to the FDIC.

FT:   The White House said BP plc (NYSE: BP) efforts to clean up the Gulf are falling short.

FT:   High-frequency trading is the target of the causes of a brief market collapse.

Bloomberg:   A number of scientists disputed the size of the Deepwater Horizon leak.

Douglas A. McIntyre

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.