Media

Media Digest (10/22/2010) Reuters, WSJ, NYT, FT, Bloomberg

Reuters:   The US will push a trade and foreign exchange agenda at the G20 meeting.

Reuters:   Fed officials are still not in agreement about quantitative easing.

Reuters:   American International Group (NYSE: AIG) will raise about $17.9 billion as the AIA IPO priced at the high end of its range.

Reuters:   Gold may be down this week compared to any since July.

Reuters:   Hewlett-Packard (NYSE: HPQ) launched a $799 tablet PC which runs Microsoft (NASDAQ: MSFT) Windows 7.

Reuters:   Google Inc (NASDAQ: GOOG) will try to get access to content from the three major networks which it has so far been denied.

Reuters:   A project in Canada is meant to track Research In Motion (NASDAQ: RIMM) BlackBerry traffic.

Reuters:   The proprietary trading desk of Goldman Sachs Group (NYSE: GS) moved to KKR.

Reuters:   The province where Potash (NYSE: POT) is based pressed the Canadian government to block a bid from BHP Billiton (NYSE BHP)

WSJ:   The American Federation of State, County, and Municipal Employees is the largest outside contributor in the current election.

WSJ:   Bridgewater, a hedge fund, has made billions as it bet against the US economy.

WSJ:   Venta will pay $1.5 billion for the assets of Atria Senior Living.

WSJ:   Unions are in a battle with Delta (NYSE: DAL) as it tries to restructure its workforce.

WSJ:   Amazon.com (NASDAQ: AMZN) earnings were undermined by margin pressure.

WSJ:   Fannie Mae and Freddie Mac losses will be tied to a potential double dip which could further knock down housing prices.

WSJ:   The Department of Agriculture’s inaccurate prediction on the corn crop has hurts its image for reliability.

WSJ:   Tech start-ups now concentrate on bioscience and clean technology.

WSJ:   New members of Congress are likely to support a strong defense budget.

WSJ:   China has begun to adopt policies that could help Western economies.

WSJ:   Russian is close to a $59 billion privatization plan.

WSJ:   Greece is attacking local spending to cut as much as $2 billion from its budget.

WSJ:   McDonald’s (NYSE: MCD) will raise prices to offset food costs.

WSJ:   Sony (NYSE: SNE) expects TV prices in the US to fall during shopping season.

WSJ:   General Growth Properties is about to emerge from Chapter 11.

WSJ:   The UK may create provisions to stop hostile takeovers.

NYT:   The US Chamber of Commerce has become a large enemy of Democrats.

NYT:   Walmart (NYSE: WMT) will sell the Barnes & Noble (NYSE: BKS) Nook.

FT:   The head of the Chinese bank system said there are opportunities overseas.

Bloomberg:   Nestle had improved earnings due to price increases and emerging market growth.

Bloomberg:   There have been few huge M&A deals because companies are still concerned about risk.

Douglas A. McIntyre

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