Investing

Media Digest 6/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The US outlined new financial market reforms.

Reuters:   Obama lobbied MDs on his new healthcare package.

Reuters:   Russia hosted the first BRIC summit.

Reuters:   B of A’s (BAC) BlackRock (BLK) stake is more appealing.

Reuters:   Samsung and Nokia (NOK) are pushing into smartphones. (MOT)(AAPL)(RIMM).

Reuters:   The Boston Globe and unions discussed new proposals (NYT)

Reuters:   Citigroup (C) said TARP is hurting its chances of keeping talent.

Reuters:   The Madoff judge is being swamped by letters from former customers.

Reuters:   RIM (RIMM) plan to cross categories with its Blackberry Tour.

Reuters:   The Six Flags bankruptcy could hurt unsecured creditors.

WSJ:   Airbus and Boeing (BA) are trying to save orders.

WSJ:   A judge set rules of the AIG (AIG) trial.

WSJ:   Freddie Mac’s (FRE) temp CEO is trying to move out.

WSJ:   The IMF upgraded it view of the US economy.

WSJ:   The Senate is reviewing details of the new healthcare bill.

WSJ:   Microsoft (MSFT) filed suit against people who allegedly committed click fraud.

WSJ:   The ECB says bank write-downs will grow.

WSJ:   Chrysler resumed production.

WSJ:   The fight over Digital Domain has opened a tech culture clash (NTAP)(EMC).

WSJ:   Virgin Media will launch a music service.

WSJ:   The IMF urged Sweden’s banks to raise money.

WSJ:   Lincoln National (LNC) may raise over $2 billion. (HIG)(PRU).

WSJ:   Moody’s dimmed its ratings view of UBS (UBS).

WSJ:   Banks may be too big to fail, but their problems may be too big to solve. (C)(WFC)(BAC)(JPM)(GS)(MS).

WSJ:   Profits for home improvement retailers may be well into the future (HD)(LOW).

WSJ:   GM’s law firms enjoyed a big payday.

WSJ:   A GE (GE) unit will offer interim financing for its products to US hospitals.

WSJ:   Adobe (ADBE) will charge for Acrobat.com.

WSJ:   India topped the rankings of emerging retail markets.

NYT:   Credit card issuers are trying to slash customers balances.

NYT:   Tobacco regulations may face a free speech challenge.

NYT:   The new healthcare plan is raising concerns about costs.

NYT:   Rupert Murdoch  of News Corp (NWS) and Silvio Berlusconi, Italy’s prime minister, are feuding.

NYT:   Data on how airlines measure on-time performance may be questionable (LUV)(AMR)(CAL)(DAL)(UAUA)(LCC)

FT:   The Treasury plans strict rules for securitization.

FT:   The Eurozone may face another $283 billion in writedowns.

FT:   GSK (GSK) has entered a generic drug pact.

Bloomberg:   Production in the US probably dropped due to the auto industry and housing starts. (F)(HOV)

Douglas A. McIntyre

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.