Media
Media Digest 11/18/2010 Reuters, WSJ, NYT, FT, Bloomberg
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The GM IPO will be the largest eve.r (Reuters)
Regulators indicated banks may face large write-offs on mortgages. (Reuters)
Demand for the Chevy Volt has risen quickly. (Reuters)
Toyota (NYSE: TM) expected higher US sales in 2011.(Reuters)
China says it will keep inflation low. (Reuters)
Mazda will say Ford (NYSE: F) is no longer its top shareholder. (Reuters)
The Nikkei topped 10,000 for the first time in months. (Reuters)
Twitter may raise capital but claims to have large amounts of cash already. (Reuters)
News Corp (NYSE: :NWS) says it will soon have a tablet publication application. (Reuters)
China Unicom (NYSE: CHU) will launch its own branded phones. (Reuters)
Barnes & Noble (NYSE: BKS) approved a new takeover provision. (Reuters)
The US Agricultural Secretary said food prices will not surge. (WSJ)
California had little interest in its new bond issue. (WSJ)
Cerberus has made a large sum of money through the purchase of distressed mortgage-related paper. (WSJ)
A EU plan to help Ireland is nearly done. (WSJ)
The Fed will make large banks take stress tests before they can offer dividends. (WSJ)
Large jewelry chains have started to feel the effect of higher gold. (WSJ)
Google (NASDAQ: GOOG) has moved into the fashion e-commerce business. (WSJ)
US CPI rose the least in decades.(WSJ)
Americans are skeptical about a White House panel to plan to cut the deficit. (WSJ)
Bernanke took his QE2 case to Senators. (WSJ)
A Chinese telecom firm too a large amount of global internet traffic for a brief period. (WSJ)
Merck’s (NYSE: MRK) cholesterol drug anacetribib, passed a number of worldwide tests. (WSJ)
Rolls Royce will replace 40 jet engines. (WSJ)
Verizon Wireless may charge fees based on the speed of customer wireless connection speed. (WSJ)
Target (NYSE: TGT) said it expects good holiday sales. (WSJ)
The FDA will ban drinks with a mix of alcohol and caffeine. (WSJ)
The use of old data has hurt muni sales. (WSJ)
Goldman Sachs Group (NYSE: GS) appointed 110 new partners. (WSJ)
The panel which was formed to review the financial crisis will delay its report–a possible sign of disagreement among members. (Reuters)
Chrysler has fallen behind Ford Motor (NYSE: F) and GM in its effort to revive itself. (NYT)
A return to national currencies among eurozone members could be harmful to their economies. (NYT)
State involvement in the mortgage mess may delay an improvement (NYT)
More viewers have dropped cable in favor of internet TV. (FT)
Singapore says its economy could rise 6% next year. (Bloomberg)
Norway banks have the lowest default risk of any in the world according to data provider CMA. (Bloomberg)
The IMF says asset deflation in Hong Kong could hurt its economy. (Bloomberg)
Douglas A. McIntyre
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