Media Digest 9/10/2010 Reuters, WSJ, NYT, FT, Bloomberg

Media

Douglas A. McIntyre

Published: September 10, 2010 3:52 am

Last Updated: September 10, 2010 5:27 am

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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