Media Digest 9/1/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Douglas A. McIntyre

Published: September 1, 2010 4:03 am

Last Updated: September 1, 2010 5:24 am

WSJ: Burger King (NYSE: BKC) is considering a private equity buyout.

Reuters: China’s manufacturing sector grew.

Reuters: China may probe the BHP Billiton (NYSE: BHP) buyout offer for Potash (NYSE: POT).

Reuters: Amazon.com (NASDAQ: AMZN) is considering launching a web TV service.

Reuters: Sony (NYSE: SNE) will offer a new line of lighter e-readers.

Reuters: Staples (NYSE: SPS) will sell the Amazon Kindle.

Reuters: Sony will launch a new service of video and music downloads to a number of devices in a bid to compete with Apple Inc.’s (NASDAQ: AAPL) iTunes.

Reuters: There are a number of conditions that favor a rise in M&A.

Reuters: Genzyme (NASDAQ: GENZ) is open to a buyout but not at $69.

WSJ: Back-to-school sales will be poor according to MasterCard Advisors

WSJ: Worldwide currency trading has hit $4 trillion a day.

WSJ: Apple Inc plans a 99-cent rental service for TV shows from News Corp’s (NYSE: NWS) Fox and Walt Disney’s (NYSE: DIS) ABC.

WSJ: The FDIC said it list of troubled banks increased to 829.

WSJ: Sprint-Nextel (NYSE: S) and its partner in 4G, Clearwire (NASDAQ: CLWR), may let T-Mobile to invest in the broadband network.

WSJ: The US government found that China dumped aluminum in America but will not look into the role that currency may have played.

WSJ: Young women make more than men, according to Reach Advisors

WSJ: Gartner cut its PC sales forecasts for the second half.

WSJ: Fed officials disagreed on helping maintain the recovery, according to FOMC notes.

WSJ: Housing prices rose slightly but the forecast for the balance of the year fell.

WSJ: Companies have begun to blame one another over egg recalls.

WSJ: A judge was asked to lift the stem-cell funds ban.

WSJ: New rules will lessen ties between oil industry regulators and the industry.

WSJ: Hyundai will up production at a Florida plant.

WSJ: JAL’s plan to right itself calls for huge layoffs.

WSJ: Borders will cut the price of one of its e-readers below $100.

WSJ: Microsoft (NASDAQ: MSFT) has set partnerships in China to increase its search engine share.

WSJ: Sony-Ericsson expects that 80% of handset sales in China will be smartphones within five years

WSJ: Icahn upped his bid for Lions Gate Entertainment (NYSE:LGF).

WSJ: JP Morgan Chase (NYSE: JPM) will close its proprietary trading desks.

WSJ: The SEC will not sue Moody’s Investor Service (NYSE: MCO) over ratings of mortgage-backed paper.

NYT: The Financial Crisis Inquiry Board faces a drop in staff members.

NYT: Strong exports have helped US agriculture.

NYT: Touchscreens are becoming more important to computer sales.

FT: US bank profits have returned to pre-crisis levels.

Bloomberg: Emirates needs $28 billion to expand its fleet through 2017.

Bloomberg: Japan vehicle sales rose the most since 1972 based on government incentives.

Bloomberg: Citigroup (NYSE: C) will increase its Chinese labor force by 12,000 over three years.

Bloomberg; Apple plans a NetFlix service.

Douglas A. McIntyre

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