Media Digest 9/20/2010 Reuters, WSJ, NYT, FT, Bloomberg

Reuters:   BP plc (NYSE: BP) says its $20 billion escrow has paid out 19,000 claims which total $240 million.

Reuters:   The US said that BP has “killed” the leaking well.

Reuters:   Bank of America (NYSE: BAC) said it will test new pricing packages for customers to help recoup $4.3 billion in sales from new restriction on bank and credit card fees.

Reuters:   Nissan will double capacity in China.

Reuters:   General Growth will pay $230 million to Howard Hughes’s heirs to settle land disputes in Las Vegas.

Reuters:   The Federal Reserve holds the key as to whether stocks break their current trading range.

Reuters:   Oracle (NASDAQ: ORCL) launched new hardware to manage cloud computing.

Reuters:   Facebook says it will not build its own phone.

Reuters:   Apple Inc.’s (NASDAQ: AAPL) new iPhone will go on sale in China.

Reuters:   Samsung released its Galaxy tablet in the US.

Reuters:   General Mills said it had no comment about possibly buying Yoplait.

Reuters:   SAIC approached GM about buying a stake.

Reuters:   Sinochem may seek Chinese government support to bid for Potash (NYSE: POT)

WSJ:   The “cookies” installed on PCs to track behavior are causing privacy and legal issues.

WSJ:   Verizon (NYSE: VZ) will name Lowell McAdam, the head of its wireless unit, as president and chief operating officer.

WSJ:   Hewlett-Packard (NYSE: HPQ) is closer to naming a new CEO, probably from inside the company.

WSJ:   Apple is beginning to talk to publishers about an electronic newsstand.

WSJ:   Limits to productivity may help create new jobs.

WSJ:   Gold and silver prices are near highs.

WSJ:   An Indian company, Sahara India Pariwa, is in talks to buy MGM.

WSJ:   Marketers and customizing ads for internet TV.

WSJ:   The R&D capacity of IBM (NYSE: IBM) is a benefit to its shareholders.

WSJ:   Bond markets are getting risky and buyers bid prices of junk debt higher.

WSJ:   The number of women on Wall St has dropped in the last decade.

WSJ:   EPA restrictions of air pollution have drawn business resistance.

WSJ:   Wal-Mart (NYSE: WMT) will set up a system with FedEx (NYSE: FDX) for free shipment of items bought online to the freight company’s city locations where the retailer has few stores.

WSJ:   News Corp (NYSE: NWS) and Cablevision (NYSE: CVC) are in a fight over the fees charged to get programs to subscribers.

WSJ:   Bonds are now the most profitable products on Wall St.

WSJ:   US oil supply has moved to the highest level since 1983.

WSJ:   Small IPOs have the best returns on their first day of trading.

WSJ:   Hong Kong plans to expand its four-hour trading day.

NYT:   Revenue at Wall St firms dropped this summer.

NYT:   Some people over 50 fear that the economy could prevent them from ever finding work.

NYT:   The fight over Barnes & Noble (NYSE: BKS) is a based on different visions of the future of digital books.

NYT:   Japan video game makers may begin to benchmark competition in the West.

NYT:   The FOMC notes are likely to show more debate on stimulus efforts.

NYT:   The use of low-powered ARM chips is growing fast.

FT:   Walmart will begin to push the building of smaller stores.

FT:   M&A in emerging markets may begin to surpass deal in traditionally huge markets like the US and EU.

FT:   Stress tests of Greek banks are delayed so that firms can raise more money.

Bloomberg:   The EU debt crisis may be disappearing as bond spreads drop.

Bloomberg:   Airbus may launch an upgraded version of its popular A320.

Bloomberg:   BP faces challenges to begin drilling in the Gulf again.

Bloomberg:   Cotton rose above $1 for the first time since 1995.

Douglas A. McIntyre