Media Digest 3/3/2011 Reuters, WSJ, NYT, FT, Bloomberg
The Treasury expects $6.4 billion from the sales of AIG’s (NYSE: AIG) sale of its MetLift share (Reuters) The government is examining a number of small banks to see if they restructured…
The Treasury expects $6.4 billion from the sales of AIG’s (NYSE: AIG) sale of its MetLift share (Reuters) The government is examining a number of small banks to see if they restructured…
Ben Bernanke may indicate to Congress that the recovery is tentative and that the $600 billion QE2 program is still necessary. (Reuters) Future US auto sales may be undermined by high gas…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. ARM Holdings plc (NASDAQ: ARMH) Raised to Neutral at BofA/ML. CBOE…
Nasdaq OMX may bid for the New York Stock Exchange (NYSE: NYX) (Reuters) Oil reached a 2 1/2 high on Middle East concerns (Reuters) Hewlett-Packard (NYSE: HPQ) made a grim forecast for…
The leading online music streaming service in Europe, Spotify, is reportedly in line to get an injection of $100 million in venture funding as it seeks to launch its service in the…
“Pay Czar” Kenneth Feinberg failed to reign-in Wall Street pay practices, according to a Congressional Oversight Panel report entitled “Executive Compensation Restrictions in the Troubled Asset Relief Program.” The panel did not…
Updated throughout the day. New pension finance treatment could change earnings at AT&T (NYSE: T) and Verizon (NYSE VZ). (Bloomberg) Ally picked Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), JPMorgan (NYSE: JPM),…
Updated throughout the day. China will raise rates again (NYT) Citigroup (NYSE: C) will try to sell EMI for $2 billion Douglas A. McIntyre
BP plc (NYSE: BP) may face US charges that it manipulated gas prices. (Reuters) Roche said that regulations in the US could harms its results. (Reuters) Borders Group (NYSE: BGP) may file…
Updated throughout the day Citigroup (NYSE: C) will pay more of its investment banker bonuses in stock (Bloomberg) Europe officials are close to a decision to allow the recently created rescue fund…
China PMI data for January showed inflation (Reuters) BP plc (NYSE: BP) posted strong earnings and reinstated its dividend (Reuters) The IMF said imbalances in employment and prices could cause protectionism among…
The IMF “Fiscal Monitor” and ratings agencies have both warned Japan and the US on their growing debt loads (Reuters) Ford Motor’s (NYSE: F) annual profit may be its largest since 2000…
Richard Braddock has been a director of Eastman Kodak since 1987. The CEO of internet grocer Fresh Direct and former top Citigroup Inc. (NYSE: C) executive has held the job as the…
The recorded music business, currently floating on a sea of red, does not appear to be a solid investment, but that’s not keeping some industry giants from trying either to buy or…