Media Digest 7/1/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The House passed the financial reform bill leaving the Senate to act Reuters: Work on the BP plc (NYSE: B) oil spill will be delayed because of Hurricane Alex. Reuters: China’s…
Reuters: The House passed the financial reform bill leaving the Senate to act Reuters: Work on the BP plc (NYSE: B) oil spill will be delayed because of Hurricane Alex. Reuters: China’s…
Reuters: The financial reform bill may be delayed until mid-July. Reuters: The storm in the Gulf may delay oil clean-up. Reuters: Oil fell to $77. Reuters: Baidu Inc (NASDAQ: BIDU) will hire…
Reuters: The US is stepping up the pressure on BP plc (NYSE: BP) as the government doubles spill estimates. Reuters: Geithner says US patience on the yuan is disappearing. Reuters: China factory…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) has now shown its latest holdings as of the close on March December 31, 2010. These are Warren Buffett’s most recent holdings, even though some may…
From 24/7 Wall St. affiliate Heathcare Outsider The New York Times reports that last month, GlaxoSmithKline (the pharmaceutical company that can do nothing right) recalled a popular dental adhesive called Super Poligrip…
GlaxoSmithKline (GSK), the world’s second-largest drug maker, just can’t seem to catch a break
Reuters: A Chinese newspaper accused Google (GOOG) of helping US intelligence Reuters: JP Morgan (JPM) is close to a huge tax refund deal with the FDIC. Reuters: Oil dropped below $81 on…
Biotech firm XenoPort (XNPT) will lay-off half of its employees. The company lists 219 full-time workers. On February 17, the FDA rejected a restless leg syndrome drug being developed by XenoPort and GlaxoSmithKline (GSK)…
There are twelve major pharmaceutical firms that dominate this industry worldwide. Their combined market value is over $1 trillion with total annual sales of over $500 billion. The firms have developed and marketed most…
Short selling is seen for many reasons, but universally traders tend to track short selling to track the biggest changes in the short interest twice each month. Whether these are hedges, forward…
Reuters: Obama plans to pressure health insurance prices as part of new reforms. Reuters: A Toyota (TM) memo shows the company worked to keep the costs of one of its…
Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) has just filed its year-end holdings for 2009, so these are Warren Buffett’s most recent holdings going into 2010. We have already seen some…
Reuters: The economy probably added 5,ooo jobs last month. Reuters: Kraft (KFT) gained control over 75% of Cadbury shares. Reuters: Toyota (TM) may recall the Prius. Reuters: Publishers and Amazon (AMZN) are…
Reynolds American Inc. (NYSE: RAI) has an interesting approach in M&A today. The deal is a tiny merger valued at $44 million when you consider that Reynolds has almost a $15 billion…
Reuters: UAE shares fell on Dubai debt problem news. Reuters: The Treasury will meet with mortgage companies to try to get them to accelerate loan modifications. Reuters: Holiday shoppers did not use…