Media
Media Digest 6/7/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
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Last Updated:
MarketWatch: The Nikkei dropped 3.8%.
Reuters: The euro dropped to a four-year low as investors exit risk.
Reuters: Foxconn will up wages after suicides.
Reuters: Economists expects a slowdown but not a double dip recession.Reuters: Yahoo! (NASDAQ: YHOO) users will gain more access to Facebook.
Reuters: Australia will investigate Google’ (NASDAQ: GOOG) privacy policies.
Reuters: Prudential plc denied it would make another bid for AIA.
WSJ: Trouble in the market means that the Fed will keep rates low.
WSJ: Several companies announced positive results on the war against cancer.
WSJ: Saint Consulting Group is helping companies like Supervalu and Safeway to stop building of Wal-mart (NYSE: WMT) stores.
WSJ: AT&T (NYSE: T) is in talks about buying a stake in India telco Reliance.
WSJ: The oil spill and volcano are giving insurance companies a reason to raise rates.
WSJ: BP plc (NYSE: BP) says its cap on the oil spill is collecting 10,000 barrels a day.
WSJ: HTC is gaining ground on the Apple Inc. (NASDAQ: AAPL) iPhone.
WSJ: The G20 is nearing rules on bank capital requirements.
WSJ: Carlyle is beginning to make large investments in Asian companies.
WSJ: Tough times in oil drilling could hurt small companies.
WSJ: GM will begin to advertise on the Super Bowl again.
WSJ: AT&T’s (NYSE:T) decision to charge for wireless data use will help cable companies.
WSJ: IRS moves could hurt the use of Build America bonds.
WSJ: Bank valuations are likely to stall.
NYT: A deal on bank reform would help change G20 attitudes toward the issue.
NYT: Makers of Apple apps are worried bandwidth charges will hurt them.
NYT: Hewlett-Packard (NYSE: HPQ) is building new printers for the handset age.
FT: Chinese officials are criticizing Goldman Sachs Group (NYSE: GS) for oil hedging.
FT: IEA says energy subsidies are higher than expected.
FT: The G20 dropped support for financial stimulus.
Bloomberg: Oil clean-up will last at least until the fall.
Douglas A. McIntyre
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