Media Digest (10/15/2010) Reuters, WSJ, NYT, FT, Bloomberg

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Reuters:   Obama must decide whether China will be designated a “currency manipulator” before the midterm election.

Reuters:   Google (NASDAQ: GOOG) shares were up after earnings.

Reuters:   GM’s IPO should be in mid-November.

Reuters:   A Yahoo! (NASDAQ: YHOO) buyout would not solve most of the company’s problems.

Reuters:   A judge let the case of several states which argue that health care re
form is unconstitutional move ahead.

Reuters:   The yuan hit new highs ahead of the US currency report.

Reuters:   Verizon Wireless will begin to sell the Apple (NASDAQ: AAPL) iPad.

Reuters:   Seagate is in buyout talks

Reuters:   Sony Ericsson third quarter handset shipments fell.

Reuters:   Private equity firms have approached AOL (NASDAQ: AOL) and News Corp (NYSE: NWS) about a Yahoo! buyout.

Reuters:   Investment banks which have handled the AIA IPO may make more than$300 million.

Reuters:   Walmart (NYSE: WMT) is in talks to buy Russian firm Kopeika.

WSJ:   The mortgage crisis hurt bank stocks and mortgage bonds.

WSJ:   Shell may settle a bribery charge brought due to an investigation by the U.S. government.

WSJ:   Private capital has become more active in investment in local infrastructure projects.

WSJ:   Cities have begun to fight Walmart stores but welcome Target (NYSE: TGT) locations.

WSJ:   The Business Council members have lost much of the optimism about the economy.

WSJ:   Infosys profits rose and it upped its forecasts.

WSJ:   European car sales fell.

WSJ:   Research In Motion (NASDAQ: RIMM) will try to lure more applications developers to its platform to help it in its war with Apple.

WSJ:   Obama has stopped the search for a CEO to run his economic advisers.

WSJ:   The FDA will cancel its approval of a knee replacement device.

WSJ:   There was more civil unrest in Greece as unemployment rose.

WSJ:   OPEC held its quota steady.

WSJ:   China plans to aim for slower but more sustainable growth.

WSJ:   Walmart will help small farmers plant and harvest more efficiently.

WSJ:   The FCC offered new cellphone bill oversight rules.

WSJ:  ” Only 14.5% of chief executives would do better selling their companies at a 25% premium than they would under their current pay packages.”

WSJ:   Treasure prices fell after a weak auction.

NYT:   The mortgage crisis could cost banks billions of dollars.

NYT:   The EPA will have trouble as it tries to measure fuel efficiency of electric cars.

FT:   Currency traders raised stability concerns as the dollar fell further.

FT:   GE (NYSE: GE) says it sees large changes from energy-efficient technology.

Bloomberg:   Swiss banks have brought in more than $53 billion since the end of 2007 even with privacy concerns.

Bloomberg:   Sony (NYSE: SNE) forecast a good holiday season and said PS3 sales will top estimates.

Bloomberg:   OPEC members may push for $100 oil to counter the drop in the value in the dollar.

Douglas A. McIntyre

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