Media Digest 7/20/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: July 20, 2010 3:51 am

Last Updated: July 20, 2010 5:33 am

WSJ: Nokia (NYSE: NOK) will begin the search for a new CEO.

Reuters: BP plc (NYSE: BP) will continue its work on the leaking well and said seepage had nothing to do with its efforts.

Reuters: China approved Google’s (NASDAQ: GOOG) search engine tweaks.

Reuters: A deal between Intel Corporation (NASDAQ: INTC) and the FTC over antitrust issues will carry no fines.Reuters: Apple Inc. (NASDAQ: AAPL) expanded iPad sales to nine more countries.

Reuters: Amazon.com (NASDAQ: AMZN) says Kindle price cuts improved sales.

Reuters: Nokia Siemens bought Motorola’s (NYSE: MOT) telecom equipment operation for $1.2 billion.

WSJ: Large banks are pushing smaller ones out of the mortgage and individual deposit businesses.

WSJ: Toyota Motor (NYSE: TM) was subpoenaed by a grand jury over steering problems.

WSJ: International Business Machines (NYSE: IBM) reshuffled its top management team. setting the stage for the race to find a new CEO.

WSJ: China topped the US in energy use last year.

WSJ: Morgan Stanley (NYSE: MS) may cut back its huge property holdings.

WSJ: Spending has moved up for internet infrastructure.

WSJ: BP is considering more ways to permanently stop the leak of its well.

WSJ: Fashion magazine ad pages increased sharply.

WSJ: The US Senate is set to extend jobless benefits.

WSJ: The ECB cut government bond buying, a sign the EU financial problems may be improving.

WSJ: CEOs are ready to start spending again.

WSJ: One of the FDA panelists that supported GlaxoSmithKline’s (NYSE: GSK) Avandia gets fees from the company.

WSJ: Problems were found in a third Johnson & Johnson (NYSE: JNJ) plant that makes OTC drugs.

WSJ: Google Inc. (NASDAQ: GOOG) halted sales of its Nexus One.

NYT: Deals made at the Farnborough air show bode well for Boeing (NYSE: BA) and Airbus.

FT: Intel reached an antitrust deal with FTC.

FT: The Fed is considering looser money policy.

Bloomberg: Apple’s profits may have doubled.

Douglas A. McIntyre

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