Media

Media Digest 8/19/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   There do not appear to be any bids to rival BHP Billiton’s (NYSE: BHP) for Potash (NYSE: POT)

Reuters:   A US government agency is considering more self-regulation for oil

Reuters:   GM filed for its IPO.

Reuters:   Hedge fund giant Stan Druckenmiller will close Duquesne Capital Management after 30 years in the business.

Reuters:   Hewlett-Packard (NYSE: HPQ) hired Spencer Stuart for its CEO search.

Reuters:   India said it found a way to access data from communications between Research In Motion (NASDAQ: RIMM) Blackberry handsets.

Reuters:   The Apple Inc (NYSE: AAPL) iPhone 4 may go on sales in China.

WSJ:   Procter & Gamble (NYSE: PG) said it will begin a major battle within the consumer products industry to get back market share.

WSJ:   The SEC filed charges against New Jersey for misleading investors about some of its bonds.

WSJ:   RIM is looking for a mobile ad network.

WSJ:   Johnson & Johnson (NYSE: JNJ) will revamp its troubled manufacturing operations.

WSJ:   Starbucks (NASDAQ: SBUX) will use its stores to test products it may put into grocery stores.

WSJ:   States will begin to monitor small hedge funds.

WSJ:   Weekly jobless claims turn out to be a good predictor of changes in the economy.

WSJ:   Exxon-Mobil (NYSE: XOM) ended it exploration plans in Ghana.

WSJ:   Some scientists say only 10% of the oil spill has been cleaned up.

WSJ:   Small business created most of the job losses in the economy according to the Labor Departments Employment Dynamics division.

WSJ:   German car makers are relying more on China.

WSJ:   Companies have restarted talks on net neutrality

WSJ:   GM and SAIC will build new high tech engines in China.

WSJ:   Facebook will begin to offer a location feature.

WSJ:   Mortgage refinancing jumped.

NYT:  A new federal agency is providing funds for alternative car fuels.

FT:   Japan is buying more foreign bonds.

Bloomberg:   The yield on Germany’s 30-year bond dropped below 3%.

Bloomberg:   Florida could bill BP plc (NYSE: BP) for oil damages which would help close its budget gap.

Douglas A. McIntyre

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