Media Digest 8/11/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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Reuters:   Research In Motion will share some BlackBerry code with the Saudis.

Reuters:  The dollar hit a 15-month low compared to the yen

Reuters:   India will decide whether to restrict the BlackBerry.

Reuters:   Dell (NASDAQ: DELL) will sell its tablet with an AT&T Inc. (NYSE: T) contract for $200.

Reuters:   KKR will start in fund-raising in the next few quarters.

WSJ:   Boom makers say BP plc (NYSE: BP) left them with unused inventory.

WSJ:   Hewlett-Packard’s (NYSE: HPQ) board was surprised at the aggressive defense Mark Hurd gave of his tenure.

WSJ:   Companies are buying equipment and software but mostly to replace old products.

WSJ:   GM expects its largest profit in six years.

WSJ:   A study shows the most crashes of Toyota Motor (NYSE: TM) cars resulted from driver error.

WSJ:   Worries about Google Inc.’s (NASDAQ: GOOG) mapping products have spread to nations outside the US.

WSJ:   Walt Disney (NYSE: DIS) profits rose on income from movies and sports.

WSJ:   The Fed said the economy has slowed and will invest the proceeds of maturing mortgages in Treasuries.

WSJ:   Federal judges said 300 suits against BP will be heard in New Orleans.

WSJ:   Advances in biosciences may make it easier for people to spread pathogens

WSJ:   The House approved a $26 billion package to aid states.

WSJ:   Oil companies must disclose payments to foreign governments.

WSJ:   Excessive delays on US runways are down.

WSJ:   Regulators say some financial reforms are not realistic and must be changed.

WSJ:   Ten-year Treasury yields fell after the Fed said the economy has slowed.

NYT;   Rich American’s taxes would rise sharply under a Obama plan, according to the Joint Committee on Taxation.

FT:   China’s economy showed further signs of slowing.

FT:   US regulators are upping control of Wall St. risk.

FT:   Demand for long-term debt rose after the Fed’s comments.

FT:   KKR and TPG may be interested in Morgan Stanley (NYSE: MS) buyout fund.

Bloomberg:   Google will increase acquisitions as some internal projects falter.

Bloomberg:   Dealers cannot get cars as manufacturers carefully control inventory.

Bloomberg:   Boeing (NYSE: BA) is making more inspections of its 787 fleet.

Bloomberg:   A poll by Bloomberg says economists expect US growth to drop to 2.55% in the second half.

Douglas A. McIntyre

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