Media
Media Digest (10/19/2010) Reuters, WSJ, NYT, FT, Bloomberg
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Reuters: Geithner said the US would no devalue to dollar to get a trade advantage.
Reuters: Bank of America (NYSE: BAC) has begun foreclosures again.
Reuters: Roy Ozzie, the chief software architect as Microsoft Corp (NASDAQ: MSFT), will leave.
Reuters: Google Inc. (NASDAQ: GOOG) will end relationships with several large ad resellers in China which could help Baidu (NASDAQ: BIDU).
Reuters: Steve Jobs attacked the business strategies of rivals including Google Inc. (NASDAQ: GOOG) and Research In Motion (NASDAQ: RIMM).
Reuters: China has approval to sell its stake in China International Capital.
Reuters: Potash (NYSE: POT) may have run out of options in its bid to escape a takeover by BHP Billiton (NYSE: BHP)
WSJ: Consumer retailers are faced with low demand but rising commodities prices for goods used in their products.
WSJ: BP Plc (NYSE: BP) will link pay to safety.
WSJ: The cost of the Lehman Bros. bankruptcy is nearly $1 billion, according to SEC filings.
WSJ: Bondholders have begun to attack banks for lax mortgage rules.
WSJ: The Medicare programs to lower surgery deaths may be flawed.
WSJ: The IMF lauded that capital controls of many nations in Asia.
WSJ: French labor stoppages over pensions shut down part of the country.
WSJ: Battery costs can be half of what car companies can sell electric vehicles for.
WSJ: Neil Collins of Reuters Breakingviews resigned due to trading stocks against policy.
WSJ: Hilton’s success with mortgage-backed paper shows the market has begun to thaw.
WSJ: China remained the top holder of US debt.
NYT: Pacific Alternative Asset Management Company was supposed to be controlled by women, but probably was not.
NYT: China continues to push to lower exports of rare earths.
FT: US companies have asked for a tax amnesty as they bring profits back from overseas.
Bloomberg: German investor confidence hit a 21-month low.
Douglas A. McIntyre
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