Investing
Media Digest 6/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Published:
Last Updated:
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
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