Media Digest 9/27/2010 Reuters, WSJ, NYT, FT, Bloomberg

Reuters:   American International Group (NYSE: AIG) and the Treasury are closer to a deal to recoup the taxpayers’ investment in the insurer.

Reuters:   China said movement on a bill to force revaluation of the yuan by the U.S. Congress is “redundant”

Reuters:   M&A has kept European stock markets high.

Reuters:   The euro dropped back from $1.35 and gold rose.

Reuters:   Initial Apple Inc. (NASDAQ: AAPL) iPhone 4 sales in China were above 200,000

Reuters:   The United Arab Emirates expect the Research In Motion (NASDAQ: RIMM) dispute to be settled soon.

Reuters:   Walmart (NYSE: WMT) offered $4 billion for South Africa’s Massmart.

Reuters:   Unilever bought Alberto Culver for $3.7 billion.

Reuters:   Vivendi sold its stake in NBCU to GE (NYSE: GE) for $2 billion.

Reuters:   AIA began a road show for its IPO.

WSJ:   Stephen Trauber, a currency trader, will get $30 million a year for three years when he joins Citigroup (NYSE:C)

WSJ:   The failure of banks has hurt the industry and left those financial firms that remain more power over customers.

WSJ:   Sanofi-Aventis will try to finance a higher bid for Genzyme.

WSJ:   Underwater cracks could have caused the BP plc (NYSE: BP) Deepwater Horizon explosion.

WSJ:   As water become scarce, smart resource management should grow.

WSJ:   Alabama says its businesses and people are have not received enough compensations from the BP escrow fund.

WSJ:   A new bill in Congress would combat companies that outsource jobs.

WSJ:   Russia and China will open the first pipeline between the two nation.

WSJ:   Lukoil Holdings bought back $2.3 billion in shares owned by ConocoPhillips (NYSE: COP)

WSJ:   The head of the Barnes & Noble (NYSE: BKS) board will have to fight to keep his seat.

WSJ:   Hyundai will recall almost 240,000 Sonatas.

WSJ:   CEOs are have begun to pay more attention to price patterns to raise profits but keep consumers.

WSJ:   The former head of HSBC (NYSE: HBC) will receive $2 million.

WSJ:   Seventy-seven S&P 500 companies have said they will miss earnings.

NYT:   The head of Nokia (NYSE: NOK) faces a culture set in its ways.

NYT:   Agencies which rated unsafe mortgage securities ignored warnings.

NYT:   Comcast (NASDAQ: CMCSA) has spent a great deal of money in DC to get approval of its NBCU deal.

NYT:   Netflix (NYSE: NFLX) faces tough competition for its online products.

NYT:   China put large tariffs on US poultry.

NYT:   Japans export growth slowed.

FT:   The US Treasury has found it difficult to sell Citigroup (NYSE: C) shares.

FT:   Japan may set a $55 billion stimulus package.

FT:   Germany supported harsh EU rules for nations that do not reduce deficits.

FT:   The sales of MP3 song downloads may have reached a “saturation” point.

FT:   Europe’s Central Bank is no longer selling gold

Bloomberg:   Sony (NYSE: SNE), Time Warner (NYSE: TWX), and Walt Disney (NYSE: DIS) may set a way from home viewer to see their films after their run in theaters.

Douglas A. McIntyre