Investing
Media Digest 5/15/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Last Updated:
Reuters SEC employees are under investigation for insider trading
Reuters Treasury has approved several insurance companies for receiving TARP funds
Reuters GM (GM) is close to a deal with the UAW.
Reuters Bank of America (BAC) is under pressure from the government to revamp its board.
Reuters Orders for the Toyota (TM) Prius are increasing.
Reuters Panasonic posed a record loss and predicted a tough year.
Reuters Rio Tinto (RTP) says it is committed to the deal allowing Chinalco to make a major investment.
Reuters Trucker YRC will seek $1 billion in TARP funds.
WSJ Insurers will get $22 billion of TARP funds.
WSJ The German GDP posted the largest fall since records began in 1970 based on Q1 figures.
WSJ Chrysler will close nearly 800 dealers.
WSJ A poll of economists shows they think the recovery will be slow.
WSJ Carlyle and Cuomo reached a deal on pension violations
WSJ Obama called for credit card reform.
WSJ Jobless claims rose last week.
WSJ Hewlett-Packard (HPQ) is betting on touch screen PCs
WSJ Wal-Mart (WMT) is gaining market share.
WSJ Sony (SNE) losses are pressuring CEO Stringer.
WSJ Microsoft (MSFT) will build tech centers in China after assurances on piracy.
WSJ The housing rescue plan may add provisions for short sales.
WSJ Barclays (BCS) may sell its asset management unit for $12 billion.
WSJ Mortgage rates stayed below 5%.
WSJ Bank recovery signs in Japan are scarce.
WSJ The New York Times (NYT) may be up for sale in the next year or two.
WSJ The proxy war at Target (TGT) is heating up.
WSJ Google’s (GOOG) services were hit by a glitch.
WSJ The FTC ending its case against Rambus.
WSJ Blockbuster (BBI) earnings continue to fall.
NYT Healthcare leaders say Obama overstated their pledges to control costs.
NYT Hulu challenged measurements of its audience.
FT Toyota (TM) plans an overhaul of senior management
FT The Treasury plans help for the muni-bond market.
Bloomberg Temasek Holdings sold its 3.8% stake in Bank of America (BAC) and probably lost $4.6 billion.
Douglas A. McIntyre
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