Media Digest 9/2/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

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Reuters:   Sales  growth of Ford (F) and Hyundai topped other car companies.

Reuters:   The EU could slow a takeover of Sun (JAVA) by Oracle (ORCL).

Reuters:   Home sales and factory orders signaled an end to the recession.

Reuters:   Executives a bailed out banks may make millions on stock options.

Reuters:   Some analysts were skeptical about Bank of America’s (BAC) plan to repay part of its TARP money.

Reuters:   The Disney (DIS) buyout of Marvel (MVL) may take some time to pay off.

Reuters:   Hollywood is looking to India and China for capital.

Reuters:   American (AMR) will cut more than 900 flight attendant jobs.

WSJ:   Back-to-school sales were weak raising questions about the holiday season.

WSJ:   The mortgage industry wants Fannie Mae (FNM) and Freddie Mac (FRE) turned into smaller private companies.

WSJ:   Several new transactions may show the M&A market has bottomed.

WSJ:   Sales at GM and Chrysler dropped last month.

WSJ:   Sony (SNE) plans to launch 3D TV.

WSJ:   The government stimulus package seems to be helping the economy.

WSJ:   eBay (EBAY) sold two-thirds of Skype to an investor group.

WSJ:   Radio firms are trying to get lenders to change terms of  loans to keep them afloat.

WSJ:   Long-term holdings of equities may not be the best way for investors to make money.

WSJ:   The EU Chamber of Commerce says that it is becoming more difficult to do business in China.

WSJ:   Take-Two (TTWO) sales fell 68% and the company posted a loss.

WSJ:   The global economy is gaining steam.

WSJ:   Joblessness in large cities is still rising quickly.

WSJ:   Citigroup (C) is attracting buyers for its call center in Japan.

WSJ:   Deutsche Bank (DB) will close a popular oil ETF.

WSJ:   Wells Fargo (WFC) plans to return $25 billion to the US government without selling new stock.

WSJ:   Chinese property developers are racing to get out IPOs.

WSJ:   CIT (CIT) will defer an interest payment.

NYT:   Manufacturing improved after 18 weak months.

NYT:   Pharma companies are risking huge R&D sums to find cancer treatments.

NYT:   There is still concern that the advertising market will not recover quickly.

NYT:   Problems in commercial real estate are just beginning.

NYT:   Freedom Communications filed for bankruptcy.

NYT:   The early adoption of technology is becoming more mainstream.

FT:   Asian car makers are increasing their market share in the US.

FT:   US media lost $10 billion in advertising in the first half of the year.

FT:   The WTO warned of protectionism due to the downturn.

Bloomberg:   RHJ upped its offer for Opel.

Bloomberg:   Alcatel-Lucent (ALU) plans to raise a large sum of money.

Douglas A. McIntyre

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