Media
Media Digest (10/1/2010) Reuters, WSJ, NYT, FT, Bloomberg
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Reuters: Hewlett-Packard (NYSE: HP) named the former CEO of SAP (NYSE: SAP) as CEO and a former president of Oracle (NASDAQ: ORCL) as chairman.
Reuters: A trade by Waddell & Reed Financial helped start the flash crash.
Reuters: China’s PMI growth as PMI rose to 53.8 in September from 51.7 in August.
Reuters: Oil moved back above $80 on strong data from the US and China.
Reuters: India rejected a data solution from Research In Motion (NASDAQ: RIMM), maker of the BlackBerry.
Reuters: The CEO of Microsoft (NASDAQ: MSFT) had a lower bonus because of failures of the company’s mobile strategy.
Reuters: American International Group (NYSE: AIG) plans to increase return to taxpayers quickly.
Reuters: BHP Billiton (BHP) will soon challenge legal objections to its offer for Potash (NYSE: POT)
Reuters: Dollar Thrifty (NYSE: DTR) shareholders rejected a Hertz (NYSE: HTZ) offer.
WSJ: Small investors left the stock market in the third quarter.
WSJ: P&G’s (NYSE: PG) will launch inexpensive razors in India.
WSJ: Sprint-Nextel (NYSE: S) executives left the Clearwire (NASDAQ: CLWR) board, which may begin a possible takeover move.
WSJ: Carl Icahn bought MGM studio debt and pressed for a merger with Lions Gate.
WSJ: Microsoft will launch a line of smartphones which will operate on the AT&T (NYSE: T) network.
WSJ: The NFL may distribute programs on tables which operate on the Verizon Wireless network.
WSJ: Apple Inc (NASDAQ: AAPL) will make its Nano smaller
WSJ: Problems in Ireland cause investors to reconsider the strength of EU finances.
WSJ: Over 100 people have been charged in the US and UK with hacks of bank accounts to steal money.
WSJ: Federal agencies will be flexible on plans the effect McDonald’s (NYSE: MCD) worker health care plans.
WSJ: Bloomberg and Murdoch pressed Congress to ease rules for well-trained immigrants.
WSJ: The IMF said austerity plans will hurt GDP growth in a new analysis in its World Economic Outlook
WSJ: Regulators told Congress that Johnson & Johnson (NYSE: JNJ) moved too slowly on OTC drug manufacture issues.
WSJ: Fisher Price agreed to a new toy recall.
WSJ: Comverse Technology has become a potential takeover target with Oracle as the lead candidate to make an offer.
WSJ: Principal Financial Group will leave the health insurance business.
WSJ: Ford Motor (NYSE: F) will try to repair the image of its Lincoln division.
NYT: Evictions from foreclosures may slow as more documents show that some actions were improper.
NYT: The TARP bailout will cost less than earlier believed.
NYT: Eli Lilly (NYSE: ELI) faces the loss of patent protection on a large number of its drugs.
FT: Stocks in the US had their best September since 1939.
FT: BP plc (NYSE: BP) may reinstate its dividend next year.
Bloomberg: Sinopec (NYSE: SNP) will put $7.1 billion into the Brazilian unit of Repsol.
Bloomberg: German retail sales fell in August.
Bloomberg: China’s PMI moved up in September.
Douglas A. McIntyre
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