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