Media
Media Digest (8/31/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Dell (NASDAQ: DELL) is expected to stop bidding for 3Par (NYSE: PAR).
Reuters: BHP Billiton ((NYSE: BHP) says it will not divest Potash (NYSE: POT) divisions.
Reuters: Consumer spending rose slightly last month.
Reuters: The yen moved to a 15-week high as BOJ plans failed to help.
Reuters: Google Inc (NASDAQ: GOOG) will offer a priority mailbox to hold important messages.
Reuters: Research In Motion (NASDAQ: RIMM) will not have its BlackBerry service shut down in India for now.
Reuters: 3M (NYSE: MMM) will buy Cogent for $943 million.
Reuters: Intel (NASDAQ: INTC) bought the mobile chip assets on Infineon.
Reuters: Ron Burkle says he had not planned to take control of Barnes & Noble (NYSE: BKS).
Reuters: Major hedge funds are dropping investments in equities
Reuters: Genzyme (NASDAQ: GENZ) rejected a bid from Sanofi-Aventis
WSJ: The US wants car companies to offer report cards on fuel economy.
WSJ: Some buyers are paying substantial amounts for the assets of failed banks.
WSJ: Companies sued by Paul Allen for IP patent violations may be able to say he waited too long.
WSJ: India’s economy expanded at 8.8%.
WSJ: Chrysler will begin to sell Fiats.
WSJ: Samsung will begin to sell apps for TV.
WSJ: Google bought a social game company called SocialDeck.
WSJ: Telecom companies may get access to unused TV airwaves.
WSJ: The government may force airlines and convenience stores to post calorie numbers for food.
WSJ: The FDA found many contaminants in eggs production facilities.
WSJ: The IMF will expand its loan options to help underdeveloped nations which may encounter financial problems.
WSJ: Eurozone consumer confidence improved.
WSJ: About 2,000 employers and unions will be able to tap a $5 billion government fund for medical bills.
WSJ: Clearwire (NASDAQ: CLWR) will offer prepaid 4G service.
WSJ: Google reached a new deal with AP to distribute its news.
WSJ: Motorola (NYSE: MOT) will push into China.
WSJ: Global chip sales rose in July.
WSJ: Windward Investment Management, an ETF company, will be bought by Charles Schwab (NASDAQ: SCHW)
WSJ: The Treasury will sell $69 billion in notes.
WSJ: ETFs are emerging for people who want to bet on the spread between M&A buyout offers and the prices that companies that are for sale want to get.
WSJ: Phama companies are working on more drugs to treat blood clots.
FT: New US laws on compensation will create difficulties when matching CEO to worker ratio levels.
FT: US housing problems are increasing construction unemployment.
FT: Shares in airlines are rising due to the recovery.
Bloomberg: Samsung has altered its strategy in a bid to take on Apple Inc. (NASDAQ: AAPL)
Bloomberg: Car sales may hit a 28-year low, according to researcher Ward’s AutoInfoBank.
Bloomberg: The Toyota Motor (NYSE: TM) Prius is likely to remain the top-selling car in Japan.
Bloomberg: Summer movie box office receipts may hit a low not seen since 1997, according to Hollywood.com Box-Office.
Douglas A. McIntyre
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