Media
Media Digest (10/11/2010) Reuters, WSJ, NYT, FT, Bloomberg
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Reuters: CNOOC offered $1.1 billion for a part of Chesapeake Energy, a deal the US may not approve.
Reuters: Pressure to investigate mortgage practices has begun to build for banks.
Reuters: South Korea warned about trouble in the FX market.
Reuters: Microsoft (NASDAQ: MSFT) is about ready to launch new phones with AT&T (NYSE: T)
Reuters: Sinochem (NYSE: SNP) and Canadian pension funds may make a counter-offer for Potash (NYSE: POT)
Reuters: Some nations involved in the IMF want the fund to be tough on large shareholders such as the US.
Reuters: Earnings will not be able to get the market to focus on much more than Fed plans.
Reuters: Monetary policy has done less and less to affect economies.
Reuters: Gold remained near record levels as oil topped $83.
Reuters: M&A activity has increased in the social game industry.
Reuters: The Daily Beast and Newsweek are closer to a merger.
Reuters: There is strong early demand for the AIA IPO.
WSJ: Companies hire new workers more slowly that in the past, according to Manpower.
WSJ: A delay in the foreclosure market could badly hurt the housing market.
WSJ: High bonus agreements may hurt Wall St. earnings.
WSJ: The Business Council will gather and plan to suggest better measures to improve the economy.
WSJ: The IMF may lengthen the term of its loan to Greece.
WSJ: A new service may allow web surfers to save ads that they may want to use later.
WSJ: CEOs are deferring major decisions due to the economy.
WSJ: eFinancialCareers reports that bankers are still optimistic about their bonuses.
WSJ: Ebay’s (NASDAQ: EBAY) has weapons to hit Amazon.com’s apps business including PayPal.
NYT: Marketers have gained more access to web surfer’s privacy data.
NYT: Twitter may become as important of an ad buy as Facebook.
NYT: Bloomberg will create a data-base on the detail of government operations.
FT: The IMF came to no conclusion on currency wars.
FT: Wal-mart (NYSE: WMT) will shortly launch its small store plan
Bloomberg: The Irish treasury will use $28 billion to prevent a Greece-like collapse.
Bloomberg: OPEC will probably keep up current crude output.
Douglas A. McIntyre
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