Media
Media Digest (7/29/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: The Fed Beige Book says some regions see economic slowing.
Reuters: The China People’s Daily ran an editorial which encourages the US to take account of China’s rising power.
Reuters: Amazon.com (NASDAQ: AMZN) launched a $130 Kindle.
Reuters: Research In Motion (NASDAQ: RIMM) stock moved up as it readied a new device.Reuters: California Pizza Kitchen (OTC: CPKI) got bids from PE firms.
Reuters: Avis (NYSE: CAR) has topped Hertz (NYSE: HTZ) in a bid to buy Dollar Thrifty for $1.33 billion.
Reuters: Sanofi-Aventis will make a formal bid for Genzyme
WSJ: Americans are making fewer doctor visits.
WSJ: Major US companies including Microsoft (NASDAQ: MSFT) and Google (NASDAQ: GOOG) are lobbying EU nations to improve privacy rules so that they can offer remote computing.
WSJ: Goldman Sachs Group (NYSE: GS) has banned swearing in e-mails.
WSJ: Banks are being solicited by tech firms to help identify accounts that are overdrawn.
WSJ: Sony (NYSE: SNE) made a profit in the last quarter.
WSJ: Walmart (NYSE: WMT) faces a fashion crisis as it works to find its “style”
WSJ: Japan has ordered Apple Inc. (NASDAQ: AAPL) to explain problems with the iPod
WSJ: Layoffs in the construction industry continue to raise California unemployment.
WSJ: China is faced with large industrial accidents which indicate poor safety control.
WSJ: VCs with large numbers of investments have trouble sitting on the boards of their companies.
WSJ: The cost of 3D software is dropping.
WSJ: The Industrial & Commercial Bank of China plans a $6.6 billion rights offering.
WSJ: McDonald’s (NYSE: MCD) will raise $750 million.
NYT: Russia will sell stakes in state-owned companies to raise money for its treasury.
NYT: Microlending is increasing as banks withdraw credit.
FT: Research shows climate change is hard to refute.
FT: Citigoup (NYSE: C) will launch a retail operation which targets the wealthy.
Bloomberg: BP plc may sell Venezuela assets in its Russian joint venture.
Douglas A. McIntyre
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