Media
Media Digest 9/10/2010 Reuters, WSJ, NYT, FT, Bloomberg
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WSJ: The CEO of Nokia (NYSE: NOK) left the company.
Reuters: BP plc (NYSE: BP) will delay Q3 results as it accounts for costs of the oil spill.
Reuters: The SEC has begun a probe of several investment advisory firms.
Reuters: Geithner will testify before a House committee about the value of the yuan.
Reuters: Apple Inc. (NASDAQ: AAPL) changed the rules for its Apps Store which will help Adobe (NASDAQ: ADBE) Flash.
Reuters: A weak outlook from chipmakers raised concerns about the economy.
Reuters: Deutsche Bank (NYSE: DB) may raise 9 billion euros.
Reuters: Casey’s in in buyout talk with 7-Eleven.
WSJ: Nomura is increasing the size of it US operations.
WSJ: The Harvard endowment rose a modest 11%.
WSJ: The SEC is looking more carefully at the fall of Lehman Bros.
WSJ: China’s trade surplus narrowed.
WSJ: A probe into possible Hewlett-Packard (NYSE: HPQ) bribes in Russia grew larger.
WSJ: Nokia is pressing its competition with the iPhone.
WSJ: Ebay’s (NASDAQ: EBAY) PayPal expects to do well in China.
WSJ: Ebay won a key court case against Craigslist in which it owns a large share.
WSJ: Tokyo pressed China to increase in the value of the yen.
WSJ: The United Steel Workers filed a complaint about Chinese imports.
WSJ: The Department of Agriculture said the inspections of eggs failed to catch poison.
WSJ: A ban on stem cell research funding was temporarily lifted.
WSJ: The US pressed healthcare insurance companies which raised rates.
WSJ: 3M (NYSE: MMM) has increased its spending on M&A.
WSJ: ANA will launch a low-fare carrier.
WSJ: China car shipments rose 18.7% and dealers cut inventory.
WSJ: Ireland successfully sold debt despite trouble in its financial industry.
WSJ: Singapore sovereign-wealth fund GIC will raise $3 billion.
WSJ: According to a study, “Deal or No Deal: Hormones and the Mergers and Acquisitions Game”, young CEOs can destroy shareholder value.
NYT: Austan Goolsbee will become head of the Council of Economic Advisers.
NYT: The EPA will look at chemicals used to get at natural gas deposits.
NYT: The US is pressing the IMF for a greater role.
FT: The head of Microsoft’s (NASDAQ: MSFT) business software group, Steve Elop, will run Nokia.
FT: Trichet called for tougher rules on nations which do not meet budget restrictions.
FT: Japan’s growth picked up slightly.
Bloomberg: The Chinese trade surplus was $20 billion which mean the US will put further pressure on the Asian country about the value of the yuan.
Bloomberg: Chinese property prices rose 9.3% in August.
Douglas A. McIntyre
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