Media

Media Digest (3/18/2011) Reuters, WSJ, NYT, FT, Bloomberg

Goldman Sachs Group (NYSE: GS) cut 5% of the employees in its trading operation (Reuters)

Congress added another stop gap budget bill to take the federal government’s funding through April 8 (Reuters)

Brent crude rose above $110 after the announcement of a Libyan no-fly zone (Reuters)

A G7 intervention drop down the value of the yen (Reuters)

iSuppli said there could be s shortage of parts for the Apple (NASDAQ: AAPL) iPad 2 (Reuters)

A new New York Times (NYSE: NYT) pay wall may cause the paper to lose readers (Reuters)

The Association of American Publishers says e-book sales rose 115% in January (Reuters)

Groupon is not likely to be worth the $25 billion it was rumored to target with an IPO (Reuters)

An alliance between Nasdaq OMX (NASDAQ: NDAQ) and Intercontinental Exchange (NYSE: ICE) to buy NYSE Euronext (NYSE: NYX) has slowed (Reuters)

The Hay Group reported that executive bonuses rose sharply last year (WSJ)

Honda (NYSE: HMC) said it was not sure when it could restart its plants in Japan (WSJ)

EMC Corp.’s RSA security division said it was hit by cyber attacks (WSJ)

The Federal Reserve will end its significant oversight of some banks which began during the credit crisis (WSJ)

Research In Motion (NASDAQ: RIMM) is in conflict with some carriers about a mobile payment system (WSJ)

GE (NYSE: GE) has increased its help to operators of the damaged plant in Japan (WSJ)

Consumer prices rose rapidly last month (WSJ)

Michigan has approved a plan which allows it more control over troubled cities (WSJ)

Research In Motion will offer a service to manage e-mail for corporations and their IT groups (WSJ)

General Mills will buy a large portion of Yoplait (WSJ)

Nike (NYSE: NKE) will raise prices by over 5% to offset costs (WSJ)

Pepsi (NYSE: PEP) will may a push to overcome a surge by Coke (NYSE: KO) in the US (WSJ)

The New York Times set its new pay wall (WSJ)

The FDIC sued several former executives of Washington Mutual (WSJ)

Supply disruptions due to the Japan quake could cause stagflation (WSJ)

The EU has not set specifics for its bank stress tests (WSJ)

State attorneys general are still working with banks to settle charges of mortgage foreclosure fraud (WSJ)

Indonesia will continue plans to build nuclear plants (NYT)

The former CEO of Wal-Mart (NYSE: WMT) will leave the Goldman Sachs board after only a year (FT)

The Japan crisis may affect some IPOs (FT)

Japan GDP trouble and high oil prices may not derail the global recovery (Bloomberg)

Oil prices may cause inflation in India (Bloomberg)

Home prices continue to rise in China (Bloomberg)

Douglas A. McIntyre

 

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