Media

Media Digest (7/14/2011) Reuters, WSJ, NYT, FT, Bloomberg

The EU has reached no decision on Greece. The IMF favors private sector involvement (Reuters)

Japan warned about the economic results of the rapid rise in the yen (Reuters)

The dollar fell as Moody’s warned on U.S. debt (Reuters)

Gold prices reached an all-time high (Reuters)

Amazon (NASDAQ: AMZN) will offer a tablet PC in part to help its e-commerce business (Reuters)

Twitter will launch a system to help large advertisers to post marketing messages using their own technology (Reuters)

A plan by Netflix (NYSE: NFLX) to raise prices caused an investor backlash (Reuters)

Investors will watch margins and await to hear comments about its new social network products when Google’s (NASDAQ: GOOG) releases earnings (Reuters)

Regulators will review bank earnings to see if they mention payouts to take care of mortgage backed securities liabilities (WSJ)

Borders Group will probably be liquidated (WSJ)

Banks are locked in a debate with EU authorities about announcements of the results of stress tests (WSJ)

Cities have begun to attempt to get loans from banks (WSJ)

Spotify will launch a U.S. music service (WSJ)

Bernanke said the Fed would consider new efforts to help the economy if necessary (WSJ)

Utilities are concerned the new regulations of their plants will cause huge costs that the government may not allow them to offset with rate increases (WSJ)

Saudi Arabia has honored its pledge to sharply increase oil production (WSJ)

China property sales rose sharply in June, a sign the tightening has not undermined values in the real estate market (WSJ)

Toyota (NYSE: TM) will merge divisions to help efficiency (WSJ)

Japan tests of the Boeing (NYSE: BA) 787 Dreamliner have ended successfully (WSJ)

The New York Times (NYSE: NYT) paid off its debt to Carlos Slim (WSJ)

The U.S. increased its probe into “expert networks” that help large investors make decisions (WSJ)

The Financial Stability Oversight Council has not finished work to determine which banks are essential to the financial world (WSJ)

The U.S. has given up plans to lower carbon emissions from some energy plants (NYT)

EU leaders delayed a critical meeting on Greece (NYT)

Investors paid little attention to warnings on U.S. debt (FT)

Citigroup (NYSE: C) may keep its credit card group (FT)

The IMF pressed for private sector participation in a Greek debt restructure (FT)

Belief the Federal Reserve may begin QE3 pushed gold higher (FT)

Fitch gave Greece the lowest credit rating of any nation in the world (Bloomberg)

Italian banks may have trouble as they seek new funds (Bloomberg)

Sony (NYSE: SNE) will launch a new e-reader to compete with the Amazon Kindle (Bloomberg)

India’s inflation rate rose to 9.44% (Bloomberg)

Douglas A. McIntyre

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