Media Digest 8/15/2007 Reuters, WSJ, NYTimes, FT, Barron’s

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According to Reuters, Nestle increased its share buyback to $21 billion after reporting a strong first half.

Reuters writes that SAP (SAP) and Dell (DELL) will create products that help retailers run their businesses.

Reuters reports that Applied Materials (AMAT) reported weak number fro Q2.

The Wall Street Journal reports that credit ratings agencies inclueding S&P gave securities built on questionable loans high ratings.

DirecTV (DTV) will announce a program to provide high-speed internet over power lines, according to WSJ.

The WSJ writes that Yahoo! (YHOO) is basing much of its recovery on serving display ads to people based on their behavior,.

The WSJ writes that Eli Lilly (LLY) is betting its recover on a heart drug that thins the blood.

The FT reports that, based on a current survey, CEO confidence is at a five year low.

Barron’s reports that Apple’s (AAPL) is not better than other handsets at driving new business to AT&T (T).

Douglas A. McIntyre