Media
Media Digest 6/29/2010 Reuters, WSJ, NY Times, FT, Bloomberg
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Reuters: The financial reform bill may be delayed until mid-July.
Reuters: The storm in the Gulf may delay oil clean-up.
Reuters: Oil fell to $77.
Reuters: Baidu Inc (NASDAQ: BIDU) will hire US engineers to work in China.
Reuters: Top cellular companies will sell the Google Inc. (NASDAQ: GOOG) Android-based phone called the Samsung Galaxy X.Reuters: Telsa was priced at the top of its IPO range.
WSJ: Danone will enter markets where people have less than a $1 a day to eat.
WSJ: Google will begin to send results to China in a way that may get its license with the government renewed.
WSJ: The SEC has approved public listings for little-known Russian start-ups.
WSJ: Online travel firms are looking at buying ITA Software as Google becomes interested in using its products.
WSJ: The ECB said it will help banks as $547 billion in loans come due.
WSJ: GlaxoSmithKline’s (NYSE: GSK) Avandia has come under more attacks for creating increased risk of stroke, heart failure and even death.
WSJ: Dubai’s air service may cancel large numbers of Airbus and Boeing (NYSE: BA) orders.
WSJ: The Supreme Court struck down a number of the provisions of Sarbanes Oxley.
WSJ: Elevation Partners increased its stake in Facebook.
WSJ: More companies are paying dividends.
NYT: Ireland’s austerity measures have not caused a recovery and its economy is still falling.
NYT: Dell Computer (NASDAQ: DELL) shipped computers that it knew had problems in from 2003 to 2005.
NYT: The Supreme Court narrowed the ability to patent certain business methods.
FT: The Fed may consider slow asset sales.
FT: Foxconn will move some assembly of Apple Inc. (NASDAQ: AAPL) products to keep costs low.
FT: Fears in Europe sent money into US Treasuries.
FT: Illegal immigrants won’t able to make claims to BP plc (NYSE: BP).
Bloomberg: Telsa raised $226 million.
Bloomberg: The Volcker rule may give investment banks a decade to comply.
Bloomberg: Taiwan will sign its first trade agreement with China.
Bloomberg: BP is being sued over losses in its employee’s pension.
Bloomberg: Waves from Alex are reaching the BP recovery site.
Bloomberg: The head of the IMF said the yuan revaluation will be slow.
Bloomberg: Greeks began to walk off jobs.
Douglas A. McIntyre
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