Media Digest (10/11/2010) Reuters, WSJ, NYT, FT, Bloomberg

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