Media
Media Digest 7/18/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Moody’s downgraded Ireland’s debt.
Reuters: Engineers detected seepage around the capped BP well.
Reuters: The National Association for Business Economics says companies will begin to hire again but the service sector will be slow.
Reuters: American International Group (NYSE: AIG) named the former head of Prudential was named head of AIA ahead of the planned IPO for that business.Reuters: A major Chinese economist says his nation should cut holdings in US debt.
Reuters: European officials are signaling that stress tests for banks in the region will show positive results.
Reuters: LG plans to increase shipments of 3D laptops by 30%.
Reuters: Motorola (NYSE: MOT) may sell its telecom equipment unit to Nokia Siemens.
Reuters: Research In Motion (NASDAQ: RIMM) says Apple Inc. (NASDAQ: AAPL) claims about the signal reception of its BlackBerry are not true.
WSJ: Airplane leasing orders rose at the Farnsworth Air show.
WSJ: Marketing agencies are increasing their work in helping clients with social media.
WSJ: The new Ford Motor (NYSE: F) Explorer gets better gas mileage.
WSJ: The IMF and EU walked out on negotiations with Hungary saying it needs to improve its budget.
WSJ: Verizon Communications (NYSE: VZ) and AT&T (NYSE: T) earnings will be dominated by smartphone sales.
WSJ: Earnings from Johnson & Johnson (NYSE: JNJ) need to address its recall fiasco.
WSJ: Some venture capital firms may close.
WSJ: Worries about the debt of EU nations have begun to disappear.
WSJ: Many in China favor video on the internet over TV.
FT: The IMF will try to raise $250 billion to help it boost lending.
FT: German business figures attacked China for walling off its markets.
FT: The US Treasury in being criticized for funding car companies which in turn closed dealerships.
Bloomberg: BP plc (NYSE: BP) is having trouble selling its Prudhoe Bay assets to Apache (NYSE: APA).
Bloomberg: US officials detected seepage around the capped BP well.
Douglas A. McIntyre
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