Media Digest (10/1/2010) Reuters, WSJ, NYT, FT, Bloomberg

Media

Published: October 1, 2010 4:06 am

Last Updated: October 1, 2010 5:51 am

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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