Media Digest (8/27/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: August 27, 2010 4:01 am

Last Updated: August 27, 2010 5:46 am

Reuters: Bernanke may admit the economy is weak but not five details of the Fed’s plans.

Reuters: Hewlett-Packard (NYSE: HPQ) outbid Dell (NASDAQ: DELL) for 3Par (NYSE: PAR) by offering $27 a share for the storage company.

Reuters: Toyota Motor (NYSE: TM) will recall more than 1.1 million more cars.

Reuters: US growth will probably be revised down due to inventories and trade.

Reuters: The FDA tied chicken feed to the salmonella outbreak in eggs.

Reuters: India says a trial solution for Research In Motion’s (NASDAQ: RIMM) BlackBerry will be tested.

Reuters: Google Inc (NASDAQ: GOOG) launched a real-time search site.

Reuters: Wireless prices are falling because of competition.

Reuters: Berkshire Hathaway (NYSE: BRK.B) may buy all of vice chairman Munger’s Wesco stake.

Reuters: Manulife and Ace may be bidders for NY Life Asia operations.

WSJ: Boeing (NYSE: BA) will delay the launch of its Dreamliner until October 2011.

WSJ: Johnson & Johnson (NYSE: JNJ) is recalling hip implants.

WSJ: A review of a Roche cancer drug was rejected.

WSJ: Carl Icahn reduced his stake in Motorola (NYSE: MOT)

WSJ: Companies with weak balance sheets may be in trouble as they add debt.

WSJ: State Street (NYSE: STT) and BlackRock will manage a $6 billion UAW fund.

WSJ: Mark Hurd will sell his shares in HP.

WSJ: ArcSight has put itself up for sale and Oracle (NASDAQ: ORCL) may be a bidder.

WSJ: States are trying to get their workers to pay more for healthcare benefits

WSJ: AMR (NYSE: AMR) will fight a planned fine by the FAA.

WSJ: Geely’s plans for Volvo have begun to become public.

WSJ: Bain is expected to buy Air Medical Group.

WSJ: Hyundai sales in China are likely to pass those in its home market of South Korea.

WSJ: Ford Motor (NYSE: F) will launch new models in India.

WSJ: Novartis acquired 77% of Alcon.

WSJ: Sony (NYSE: SNE) says it has no plans to increase LCD forecasts due to yen strength and a slowing US market.

WSJ: Sands China may delay a casino project.

NYT: Wind turbine projects are being resisted by the Defense Department because of radar disruptions.

NYT: GPS may be used to land planes.

FT: The SEC says it will bring more enforcement actions because of trouble caused by the credit crisis.

FT: The BHP Billiton (NYSE: BHP) bid for Potash (NYSE: POT) faces trouble from a potash cartel.

Bloomberg: Boeing will delay the Dreamliner because of trouble with Rolls Royce engines.

Bloomberg: Ben Bernanke and ECU head Trichet may disagree over programs to help the economy.

Bloomberg: Nokia’s (NYSE: NOK) credit rating may be cut.

Bloomberg: PetroChina (NYSE: PTR) said it would press global expansion.

Douglas A. McIntyre

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