Media Digest (3/21/2011) Reuters, WSJ, NYT, FT, Bloomberg

Media

Published: March 21, 2011 3:57 am

Last Updated: March 23, 2011 11:50 am

Warren Buffett of Berkshire Hathaway (NYSE: BRK.B) says the Japan disaster is a buying opportunity for companies based there (Reuters)

AT&T (NYSE: T) will buy T-Mobile USA from Deutsche Telekom for $39 billion (Reuters)

AIG (NYSE: AIG) says it expects bids for its subprime bond portfolio (WSJ)

Boeing (NYSE: BA) said its 747 has completed its first test flight (Reuters)

Brent rose to $116 on Libya concerns (Reuters)

Facebook will buy mobile app company SnapTo (Reuters)

Work has begun on the first phone which is part of the Microsoft (NASDAQ: MSFT) alliance with Nokia (NASDAQ: NOK) (Reuters)

Rio Tinto (NYSE: RTP) extended its offer for Riverdale (Reuters)

Intel (NASDAQ: INTC) approached a Hewlett-Packard (NYSE: HPQ) executive as its looks for a CEO (WSJ)

Nissan will re-open its Japan plants (WSJ)

Google (NASDAQ: GOOG) blamed China for problems with its Gmail system (WSJ)

Universum research showed Google (NASDAQ: GOOG) is the most desired employer (WSJ)

Bankers believe that the AT&T deal for T-Mobile is the start of a new era of M&A (WSJ)

Sprint-Nextel (NYSE: S) has problems with the AT&T deal for T-Mobile (WSJ)

Nokia will launch a new smartphone with T-Mobile (WSJ)

The World Banks says the cost of the Japan quake could reach $215 billion (WSJ)

The T-Mobile deal will have anti-trust hurdles (WSJ)

A Nasdaq OMX (NASDAQ: NDAQ) bid for NYSE Euronext (NYSE: NYZ) would have anti-trust trouble (WSJ)

The combined problems of European sovereign debt, Japan, and the Middle East could hurt the recovery (NYT)

Sony’s (NYSE: SNE) prospects in Japan were not badly hurt by the quake (NYT)

Iran has bought gold to cut its exposure to the US dollar (FT)

Buffett says he is concerned about investments in companies like Apple (NASDAQ: AAPL) because their prospects are hard to predict

Douglas A. McIntyre

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