Media

Media Digest 4/19/2011 Reuters, WSJ, NYT, FT, Bloomberg

Poor trading results are likely to hurt Goldman Sachs Group (NYSE: GS) earnings (Reuters)

Japan’s government, which owns billions in US papers, stated it had confidence in the value and future of Treasuries (Reuters)

The Treasury may sell its GM (NYSE: GM) shares within a few months (Reuters)

The Research In Motion (NASDAQ: RIMM) Playbook tablet will go on sales soon (Reuters)

Oil fell after the S&P statement of concern about US debt (Reuters)

Sony Ericsson had a profit despite the Japanese quake (Reuters)

Long-time users of the internet have cut the time that they spend on the internet without targeted activity according to Microsoft (NASDAQ: MSFT), mec and Mindshare which did the research. (Reuters)

Synthes said it was in M&A talks with Johnson & Johnson (NYSE: JNJ) (Reuters)

Walmart (NYSE: WMT) bought social network Kosmix (Reuters)

America’s largest companies are adding more workers overseas (WSJ)

The US government will sell its GM interest (WSJ)

Apple (NASDAQ: AAPL) filed a suit which alleges that Samsung copied the design of the iPhone and iPad (WSJ)

The renaissance of BP plc (NYSE: BP) has been hurt by its troubles in Russia (WSJ)

Citigroup (NYSE: C) is having trouble growing (WSJ)

Nissan exports have been hurt badly by the quake (WSJ)

LG Electronics said it faced chip shortages (WSJ)

Sprint Nextel (NYSE: S) may rent part of its network to Clearwire (NASDAQ: CLWR) and other firms (WSJ))

The Nelson A. Rockefeller Institute of Government at the State University of New York said state taxes across the US moved higher in the first two months of the year on higher tax rates (WSJ)

OPEC nations need higher oil prices due to costs to control social unrest (WSJ)

Twitter may buy Tweetdeck to broaden its user base (WSJ)

American Apparel will try to get $10 million to fund financial trouble (WSJ)

The FDIC defended it record during the credit crisis as it is about to get new power from Dodd-Frank (WSJ)

Portugal banks may have to cut debt to get a portion of the nation’s bailout funds (WSJ)

Dry weather helped drive up the price of wheat (WSJ)

Deutsche Bank will try to make money on its $4 billion bet on the Cosmopolitan in Las Vegas (NYT)

Citigroup (NYSE: C) will try to sell a $12.7 billion pool of bad assets (FT)

More members of the EU considered a restructuring of Greek debt (FT)

Nations discussing Greek restructuring may face the fact that the conversations could cause contagion (Bloomberg)

The Federal Reserve may continue it stimulus package to keep markets from facing an quick end to QE2 (Bloomberg)

Douglas A. McIntyre

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