Media Digest 4/14/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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Reuters:   Daimler kept its earnings and dividend outlook for 2010.

Reuters:   American International Group (NYSE: AIG) raised $2 billion thought an aircraft sale.

Reuters:   Intel Corporation (NASDAQ: INTC) results lifted markets in Asia.

Reuters:   A government report says mortgage modifications have been too low.

Reuters:   Fed officials see a slow recovery.

Reuters:   Obama hoped for
a yuan move but China pushed back.

Reuters:   Wal-Mart Stores Inc (NYSE: WMT) will make India a large outsourcing hub.

Reuters:   A Morgan Stanley (NYSE: MS) fund may lose $5.4 billion.

WSJ:  Executives at Toyota Motors Corp. (NYSE: TM) have started to blame each other for recalls, putting the founding family against other executives.

WSJ:   Banks are fighting to block new rules on derivatives.

WSJ:   Bank of American Corporation (NYSE: BAC) named an outsider as CFO.

WSJ:   The Treasury is trying to make sure that courts and creditors do not seize Social Security benefits.

WSJ:   The ex-head of Washington Mutual blamed Wall St.’s “club” for the failure of the bank.

WSJ:   The USDA may relax sugar quotas.

WSJ:   Large, risky banks face higher fees.

WSJ:   Demand for new Greek debt was strong.

WSJ:   Abercrombie & Fitch Co. (NYSE: ANF) paid its CEO to fly less.

WSJ:   Starbucks Corporation (NASDAQ: SBUX) will make a big push into China.

WSJ:   Apple Corporation (NASDAQ: AAPL) made upgrades to its Macbook Pro

WSJ:   New regulations would tax bank derivatives trading.

WSJ:   A suit says hiring for US Census jobs has been plagued by discrimination against minorities.

WSJ:   Housing data may hide inflation and bubbles because it pushes down economic data.

WSJ:   Good capital markets have allowed European property companies to refinance debt.

WSJ:   Troubles in the bank industry and new laws could hurt bank plans to raise dividends.

WSJ:   Toyota stopped sales of a Lexus SUV model with safety problems.

WSJ:   Twitter started a new ad program to increase revenue.

WSJ:   Nearly half of the households in the US owe no taxes.

NYT:   Banks are resisting plans to cut mortgages.

NYT:   More Congressmen are going to work for financial firms when they retire.

NYT:   Genetically engineered crops may be overused.

FT:   The IMF is pushing a plan for bank surcharges in Europe.

FT:   Investors are trimming their bets on Greece on new worries about the nation’s economy.

FT:   Thomson Reuters will launch new web products to fight Bloomberg.

FT:   Elan Microelectronics will expand its patent suit against Apple to include the iPad.

Bloomberg:   China’s growth may cause a new increase in interest rates.

Douglas A. McIntyre

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