Media Digest 12/6/2006 Reuters, FT, NY TImes, WSJ

December 6, 2006 by Douglas A. McIntyre

Stocks:  (YHOO)(AIG)(NWS)(QCOM)(NOK)(LEH)

According to Reuters, Yahoo! CFO Sue Decker will be promoted to run much of the company. The current COO and other manageers will leave.

Reuters writes that Bridgestone, the Japanese tire company, will buuy US firm Bandag, which makes retread tires.

Reuters writes that Qualcomm has warned Nokia, a customer, that if it withholds royalty payments there may be legal action. Nokia and other cell manufacturers have accused Qualcomm of using its position as a chip supplier for phones to drive up its royalties.

Reuters also reports that Lehman Bros will reward its CEO with a $185 million stock grant spread over the next 10 years.

The Wall Street Journal reports that the record industry is releasing music in the MP3 format to keep up with demand, although copy protection for the format is weak.

The FT writes that the regulatory path has been cleared for a NYSE purchase of Euronext exchange.

The New York Times writes that AIG and its former CEO have settled 18 legal cases pending between them.

The New York Times also reports that News Corp’s MySpace is working to develop methods for keeping sex offenders off of the site.

Douglas A. McIntyre

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here
you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.


Click here
to match with up to 3 financial pros who would be excited to help you make financial decisions.