Media

Media Digest (10/20/2010) Reuters, WSJ, NYT, FT, Bloomberg

Reuters:   Wall St. was disappointed by Yahoo!’s (NASDAQ: YHOO) revenue forecast.

Reuters:   French police unblocked the fuel deposites held by strikers against auterity.

Reuters:   The CEO of Research In Motion (NASDAQ: RIMM) refuted comments made by Steve Jobs about the weakness of the Blackberry maker.

Reuters:   Microsoft (NASDAQ: MSFT) launched a cloud version of Office.

Reuters:   BHP Billiton’s (NYSE: BHP) bid for Potash (NYSE: POT) will face political pressure from the province where the Canadian firm is based.

Reuters:   Sanofi-Aventis will have to raise its bid for Genzyme (NASDAQ: GENZ) to close a deal.

Reuters:   GE (NYSE: GE) and United Technologies (NYSE: UTX) may bid for a BEA unit.

WSJ:   The BP (NYSE: BP) escrow fund may have trouble processing claims in a orderly way.

WSJ:   A US probe about mortgage foreclosures found that some large banks made many more mistakes than others.

WSJ:   An increase in China interest rates caused sell-offs in commodities on concerns that the nation’s economy has slowed.

WSJ:   The earnings success of industrial suppliers will be hurt by an increase in the cost of their goods.

WSJ:   Bank of America (NYSE: BAC) has resisted the repurchase of bad loans that it syndicated and sold.

WSJ:   The head of the FCC criicized Fox and Cablevision (NYSE: CVC) for their failure to come to terms on a deal to get Fox back on the air.

WSJ:   Many retailers face the problem that their websites do not work on Apple iPhones as the holiday sales perdiod approaches.

WSJ:   Verizon Wireless will offer a cheap data plan to bring in new customers.

WSJ:   The American Council of Education said graduation rates have slowed.

WSJ:   Private security firms will sign a code of conduct in the face of criticism about their practices.

WSJ:   The EU will make debt sanction plans against member nations which do not meet deficit plans less burdensome.

WSJ:   China will cut rare earth shipments to the US.

WSJ:   The US will support the installation of chargers for electric cars in a number of locations which will include stores and gas stations.

WSJ:   Porsche’s merger with VW has been delayed.

WSJ:   The US delayed the approval of a major diabetes drug to be marketed by Eli Lilly (NYSE: ELY)

WSJ:   Intel (NASAQ: INTC) will invest $6 billion in US-based plants

WSJ:   A great deal is at risk for Nokia (NYSE: NOK) as its new CEO addresses investors for the first time.

WSJ:   Warren Buffett increased his share in Munich Re.

WSJ:   The FDIC will bundle and sell property loans which have been hard to value.

WSJ:   The pink sheet company that covers public companies that do not trade on major exchanges will try to change its image.

WSJ:   The US will sell more shares of Citigroup (NYSE: C)

FT:   Hedge funds had their largest increase in assets in three years.

Bloomberg:   The head of the Bank of England said G20 nations need a deal on currencies to avoid a period of protectionism.

Bloomberg:    Hedge funds have begun to consider distressed assets in China and Japan.

Bloomberg:   The return on the TARP was higher than the return on 30 year Treasuries.

Bloomberg:   Apple will announce a new line of Mac computers.

Douglas A. McIntrye

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.