Media

Media Digest (5/26/2011) Reuters, WSJ, NYT, FT, Bloomberg

Apple’s (NASDAQ: AAPL) shares remain fairly steady in support of new management. (Reuters)

The Boeing (NYSE: BA) 787 Dreamliner officially launches. (Reuters)

The CEO of AIG (NYSE: AIG) talks with senior management at several Wall St. houses about negative research reports on his company by their analysts. (WSJ)

ABN Amro to cut 2,350 jobs. (Reuters)

Warren Buffett invests $5 billion in Bank of America (NYSE: BAC). (WSJ)

Demands by Finland could undermine eurozone plans to bailout Greece. (WSJ)

An attempt by Toys “R” Us to go public delayed until next year. (WSJ)

Mike Ullmann III to get $30.7 million when he retires from JCPenney (NYSE: JCP). (WSJ)

Rio Tinto (NYSE: RIO) and Mitsubishi raise the value of their offer for Coal & Allied Industries. (WSJ)

The liquidity of Greek’s banks worsens. (WSJ)

AMD (NYSE: AMD) adds a new CEO. (WSJ)

Delta (NYSE: DAL) says it will order a hundred 737-900 planes. (WSJ)

Samsung’s new Galaxy S II smartphone will not be sold by Verizon Wireless (NYSE: VZ). (WSJ)

Low interest rates helped company profits but not overall economic growth. (WSJ)

Some Chinese banks have difficulties as they increase money for capital requirements. (WSJ)

Investors still doubt the viability of some European banks. (NYT)

Pandora’s (NYSE: P) revenue and number of subscribers rise sharply. (NYT)

A ban on short selling in much of Europe is extended. (FT)

A shortage of engineers threatens U.S. car makers. (Bloomberg)

Douglas A. McIntyre

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