Media Digest 8/3/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: August 3, 2010 4:05 am

Last Updated: August 3, 2010 5:11 am

Reuters: BP plc (NYSE: BP) will try to “kill” its well leak by today.

Reuters: The Fed may buy new mortgage bonds to help the credit system

Reuters: The US said the United Arab Emirates are setting a bad precedent by shutting down Research In Motion’s (NASDAQ: RIMM) BlackBerry service.

Reuters: Sanofi-Aventis has made a $19.4 billion offer for Genzyme (NASDAQ: GENZ).

WSJ: Firms such as Deutsche Bank (NYSE: DB) created and sold mortgage securities and advised other clients to bet against them.

WSJ: Relational Investors and CalSTRS will try to get a seat on the Occidental Petroleum (NYSE: OXY) board.

WSJ: Kinross Gold Corp and Red Back Mining Inc will merge to create a gold company giant.

WSJ: The CT attorney general will probe the pricing between Amazon.com (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) and their e-book publisher partners.

WSJ: A lawsuit filed against Toyota Motor (NYSE: TM) says that the car company knew about unsafe vehicles.

WSJ: Incentives pushed up July car sales.

WSJ: The Institute for Supply Management index dropped in July.

WSJ: Wheat prices are up on low supplies from Russia.

WSJ: Offshore oil regulations could hurt companies with old rigs.

WSJ: The government says 4.9 million barrels of oil leaked into the Gulf from the BP plc spill.

WSJ: Allergan sales were helped by Botox revenue.

WSJ: GE (NYSE: GE) and Intel Corporation (NASAQ: INTC) will create a joint healthcare venture.

WSJ: The European Central Bank cut its purchases of government bonds.

WSJ: CBS (NYSE: CBS) and Comcast (NASDAQ: CMCSA) reached a deal on carriage fees for the next ten years.

FT: The Gulf spill was the worst ever.

Bloomberg: BMW posted it largest profit in almost three years on sales of its 5-series.

Bloomberg: Greece passed its first deficit test.

Douglas A. McIntyre

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