Media Digest (9/22/2010) Reuters, WSJ, NYT, FT, Bloomberg

Media

Douglas A. McIntyre

Published: September 22, 2010 4:01 am

Last Updated: September 22, 2010 5:41 am

Reuters: White House adviser Larry Summers will leave.

Reuters: There is more support in Washington to press China hard on the yuan.

Reuters: The prime minister of Japan said its intervention on the yen may not be over.

Reuters: The Fed said it may provide further stimulus.

Reuters: The House Ways and Means Committee could propose legislation on the yuan.

Reuters: Deloitte did a study that said as many as half of Apple Inc. (NASDAQ: AAPL) iPhone users would switch from AT&T (NYSE: T) to Verizon Wireless.

Reuters: Research In Motion (NASDAQ: RIMM) may launch a tablet PC.

Reuters: Twitter repaired a flaw after a major cyber attack.

Reuters: Sinochem has hired investment bankers to work on a counterbid for Potash (NYSE: POT).

WSJ: The head of big Italian bank UniCredit resigned.

WSJ: Moody’s says that corporate default rates have dropped.

WSJ: The PM of Spain said the European debt crisis has ended.

WSJ: Blockbuster is close to bankruptcy.

WSJ: The value of web start ups has soared.

WSJ: Adobe (NASDAQ: ADBE) results disappointed Wall St.

WSJ: Sony’s (NYSE: SNE) PlayStation has been altered to better compete with the Nintendo Wii.

WSJ: Investors sold the dollar and bought Treasuries and gold as they feared Fed action.

WSJ: The Administration’s Making Work Pay tax credit may lapse.

WSJ: Russia and China agreed to a joint refinery deal.

WSJ: Abbott Labs (NYSE: ABT) said it would cut 3,000 people as part of a consolidation.

WSJ: MetroPCS launched a 4G network in Las Vegas.

WSJ: Ireland had a successful bond auction.

WSJ: Deutsche Bank warned about its profits.

WSJ: American International Group (NYSE: AIG) is close to the sale of two of its Japanese units.

NYT: Stores that sell cheap goods have seen a sharp increase in business.

NYT: The increase in the size and power of Oracle (NASDAQ: ORCL) worries some of its customers.

FT: The “like” button on Facebook has helped marketers which use the service to build business.

FT: JPMorgan Chase (NYSE: JPM) has used its M&A activity to build a powerful presence in key sectors.

FT: Huawei will allow inspections of its network to allay US security concerns.

Bloomberg: Microsoft (NASDAQ: MSFT) raised its dividend and may borrow $8 billion.

Douglas A. McIntyre

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