Media
Media Digest (4/1/2011) Reuters, WSJ, NYT, FT, Bloomberg
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Data mistakenly released by Epsilon compromised the personal security of millions of people including customers at Citigroup (NYSE: C), Capital One (NYSE: COF), and Tivo (NASDAQ: TIVO) (Reuters).
Tepco used a number of new materials to stop leaks which are pouring radioactive water into the ocean. (Reuters)
A number of cracks were found in Southwest (NYSE: LUV) Boeing (NYSE: BA) 737s. (Reuters)
Interpublic owns a $300 million share of Facebook. (FT)
Cablevision (NASDAQ: CVC) launched an Apple (NASDAQ: AAPL) App that lets people watch TV at home. (Reuters)
Sanofi-Aventis said its buyout of Genzyme is done. (Reuters)
Republicans will offer a budget with $4 trillion in cuts over 10 years which will include large changes to Medicare. (WSJ)
Wachovia is being investigated over its past sales of mortgage-backed instruments. (WSJ)
Vivendi will buy the SFR ownership of Vodafone for $11 billion. (WSJ)
China’s Minmetals Resources will make a $6.5 billion offer for Equinox Minerals. (WSJ)
The IRS will increase its audits of the wealthy. (WSJ)
The future of muni-bond sales is still anemic. (WSJ)
A number of experts believe that the AT&T (NYSE: T) buyout of T-Mobile will not help the quality of the big telecom’s network quality. (WSJ)
BP plc (NYSE: BP) will probably return to deepwater drilling in the Gulf of Mexico. (WSJ)
Small backs used the federal reserves lending capacity frequently during the financial crisis. (WSJ)
Problems with the process of buying advertising on Facebook has made several marketers wary about using the social network. (WSJ)
Low interest rates created in some part by the Fed are hurting the retirement prospects of a number of people. (WSJ)
Tax laws could change how companies handle the finances operations. (WSJ)
The Chronicle of Higher Educations says university president salaries rose. (WSJ)
Hawaii tourism has been hurt by the Japan quake. (WSJ)
The prime minister of Spain will not run for reelection. (WSJ)
ICE will get an out-sized benefit from the joint bid it is making with Nasdaq (NASDAQ: NDAQ) for NYSE Euronext (NYSE: NYX). (WSJ)
As QE2 ends Treasury rates may rise. (WSJ)
Business confidence dropped in Japan. (WSJ)
US regulators are at odds over a plan to name financial firms which present systemic risk. (FT)
Citigroup has received bid for its consumer finance division. (FT)
Shortages of the Apple iPad 2 have hurt some company programs to create “paperless meetings.” (FT)
Trading revenue at Wall St. firms will continue to drop. (Bloomberg)
Lloyd Blankfein received a $19 million bonus last year. (Bloomberg)
Douglas A. McIntyre
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