Media Digest 5/6/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

May 6, 2010 by Douglas A. McIntyre

MarketWatch: Asia shares were off by 2%.

Reuters:   Riots against austerity measures continued n Greece.

Reuters:   US regulators want to increase supervision of broadband.

Reuters:   The Fed’s Rosengren says rates must stay low.

Reuters:   Greece’s problems offset good economic news in the market.

Reuters:   Facebook privacy problems exposed some private data.

Reuters:   Sprint (NYSE: SYMC) will unveil an text-centric handset.

WSJ:   Many experts believe the US productivity cannot keep improving.

WSJ:   Federal officials plan to use telephone regulations to regulate broadband.

WSJ:   The SEC is looking into how Berkshire Hathaway (NYSE: BRK.B) informed other Burlington Northern shareholders about it takeover of the train line.

WSJ:   The Senate will try to give regulators more power to break up banks.

WSJ:   Bankers expect at least one private equity deal to top $10 billion soon.

WSJ:   Lucent-Alcatel (NYSE: ALU) had another huge loss.

WSJ:   Low yield bonds from emerging markets are drawing buyers.

WSJ:   Goldman Sachs Group’s (NYSE:GS) Blankfein defended he firm’s ethics.

WSJ:   Yahoo! (NASDAQ: YHOO) will launch a new ad campaign

WSJ:   CEOs polled by the Business Council and Conference Board are more optimistic about the future.

WSJ:   Freddie Mac (NYSE: FRE) asked the government for another $10.6 billion .

WSJ:   Symantec (NASDAQ: SYMC) made a profit.

WSJ:   The Fed is making stronger arguments to combat plans for more government oversight.

WSJ:   Novartis (NYSE: NVS) is trying to get nations that canceled H1N1 vaccines to pay.

WSJ:   Investigators in India are looking at Hewlett=Packard (NYSE: HPQ) tax payments.

WSJ:   The Washington Post Company (NYSE: WPO) will sell Newsweek.

WSJ:   CenturyTel and Qwest (NYSE: Q) are losing more wireless subscribers.

WSJ:   Skype will offer paid video chats.

WSJ:   Mortgage issues may hurt H&R Block.

WSJ:   Pushing Greece out of the Eurozone may disrupt the euro too much to allow it.

WSJ:   New broadband rules are a potential victory for Google (NASDAQ: GOOG)

WSJ:   The head of Bear Stearns blamed market rumors for the firm’s collapse.

FT:   Moody’s (NYSE: MCO) changed its outlook on BP plc (NYSE: BP) to negative.

FT:   Prudential UK has delayed its $21 billion rights offering.

Bloomberg:   Rajat Gupta, the Goldman Sachs Group Inc. director, had a long relationship with Galleon Group LLC founder Raj Rajaratnam

Bloomberg:   BP plc may burn off some of the Gulf oil.

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.