Media

Media Digest 7/22/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:  BP plc (NYSE: BP) defended its CEO as it considered new options to kill the well.

Reuters:   The Senate voted to restore jobless benefits.

Reuters:   Obama’s budget review may trim the 2010 projected deficit.

Reuters:   eBay’s (NASDAQ: EBAY) earnings beat the Street.

Reuters:   Starbucks (NASDAQ: SBUX) and Netflix (NASDAQ: NFLX) posted disappointing results.

Reuters:   Facebook will not have an IPO until it makes sense,, according to its CEO.

Reuters:   Motorola (NYSE: MOT) sued Huawei for trade theft.

Reuters:   Sovereign wealth funds are going to the capital markets for more money.

WSJ:   Several oil firms including Exxon Mobil (NYSE: XOM) and ConocoPhilips (NYSE: COP) will create an oil spill response operation

WSJ:  Ford Motor’s (NYSE: F) financial arm killed a bond offering because of market confusion over financial reform

WSJ:   The pay czar will issue a report about how well financial firms paid their management during the credit crisis.

WSJ:   Bernanke is prepared to act on slowing.

WSJ:   IBM (NYSE: IBM) has launched a new mainframe.

WSJ:   The rally in the euro may end soon.

WSJ:   UPS (NYSE: UPS) and Caterpillar (NYSE: CAT) earnings will be good barometers for the economy.

WSJ:   Apple Inc (NASDAQ: AAPL) is pushing into the small business market.

WSJ:   The Securities Industry and Financial Markets Association is pushing for more government involvement in Freddie Mac and Fannie Mae to support the mortgage market.

WSJ:   The IMF expects Europe to grow at 2% in 2012.

WSJ:   Small businesses are being asked to provide more collateral for bank loans.

WSJ:   Lions Gate maneuvered to protect itself from Carl Icahn.

WSJ:   Intel (NYSE: INTC) and the FTC are still working on a settlement.

WSJ:   Siemens is having trouble with a virus that attacks some of its computer products.

WSJ:   Baidu’s (NASDAQ: BIDU) profit more than doubled.

WSJ:   New bank test will show how weaker financial firms and nations rely on the ECB.

WSJ:   GM sales are moving up sharply in China.

WSJ:   The SEC wants an overhaul of mutual fund fees.

FT:   The IMF wants more transparency from stress test of European banks.

FT:   China’s credit rating agency attacked rivals in the West.

Bloomberg: Walmart (NYSE:WMT) pitted construction workers against retail employees to move into Chicago.

Bloomberg:   China’s car dealers are cutting prices to bring in new customers.

Bloomberg:   Microsoft (NASDAQ: MSFT) may use its cash to increase its dividend.

Douglas A. McIntyre

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

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