Media
Media Digest (10/15/2010) Reuters, WSJ, NYT, FT, Bloomberg
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Reuters: Obama must decide whether China will be designated a “currency manipulator” before the midterm election.
Reuters: Google (NASDAQ: GOOG) shares were up after earnings.
Reuters: GM’s IPO should be in mid-November.
Reuters: A Yahoo! (NASDAQ: YHOO) buyout would not solve most of the company’s problems.
Reuters: A judge let the case of several states which argue that health care reform is unconstitutional move ahead.
Reuters: The yuan hit new highs ahead of the US currency report.
Reuters: Verizon Wireless will begin to sell the Apple (NASDAQ: AAPL) iPad.
Reuters: Seagate is in buyout talks
Reuters: Sony Ericsson third quarter handset shipments fell.
Reuters: Private equity firms have approached AOL (NASDAQ: AOL) and News Corp (NYSE: NWS) about a Yahoo! buyout.
Reuters: Investment banks which have handled the AIA IPO may make more than$300 million.
Reuters: Walmart (NYSE: WMT) is in talks to buy Russian firm Kopeika.
WSJ: The mortgage crisis hurt bank stocks and mortgage bonds.
WSJ: Shell may settle a bribery charge brought due to an investigation by the U.S. government.
WSJ: Private capital has become more active in investment in local infrastructure projects.
WSJ: Cities have begun to fight Walmart stores but welcome Target (NYSE: TGT) locations.
WSJ: The Business Council members have lost much of the optimism about the economy.
WSJ: Infosys profits rose and it upped its forecasts.
WSJ: European car sales fell.
WSJ: Research In Motion (NASDAQ: RIMM) will try to lure more applications developers to its platform to help it in its war with Apple.
WSJ: Obama has stopped the search for a CEO to run his economic advisers.
WSJ: The FDA will cancel its approval of a knee replacement device.
WSJ: There was more civil unrest in Greece as unemployment rose.
WSJ: OPEC held its quota steady.
WSJ: China plans to aim for slower but more sustainable growth.
WSJ: Walmart will help small farmers plant and harvest more efficiently.
WSJ: The FCC offered new cellphone bill oversight rules.
WSJ: ” Only 14.5% of chief executives would do better selling their companies at a 25% premium than they would under their current pay packages.”
WSJ: Treasure prices fell after a weak auction.
NYT: The mortgage crisis could cost banks billions of dollars.
NYT: The EPA will have trouble as it tries to measure fuel efficiency of electric cars.
FT: Currency traders raised stability concerns as the dollar fell further.
FT: GE (NYSE: GE) says it sees large changes from energy-efficient technology.
Bloomberg: Swiss banks have brought in more than $53 billion since the end of 2007 even with privacy concerns.
Bloomberg: Sony (NYSE: SNE) forecast a good holiday season and said PS3 sales will top estimates.
Bloomberg: OPEC members may push for $100 oil to counter the drop in the value in the dollar.
Douglas A. McIntyre
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