Media Digest 12/14/2007 Reuters, WSJ, NYTimes, FT, Barron’s

December 14, 2007 by Douglas A. McIntyre

According to Reuters, Citigroup (C) will take $49 billion of SIVs onto its balance sheet.

Reuters writes that Nissan and Chrysler may begin to partner in building new cars

Reuters reports that Acer is replacing the head of recently acquired Gateway with one of its own executives.

The Wall Street Journal says that a bet by Goldman Sachs (GS) that subprime securities would fall made the company $4 billion

The Wall Street Journal reports that Lufthansa has bought a 19% stake in JetBlue (JBLU).

The Wall Street Journal writes that AMD (AMD) said it would not repeat it many mistakes in 2008.

The Wall Street Journal also reports that Microsoft is being sued in Europe by internet browser firm Opera claiming anticompetitive behavior.

The Wall Street Journal writes that huge investment by Dubai are raising concerns about how much debt it has.

The Wall Street Journal writes that Amgen (AMGN) is hoping to reverse it bad luck with treatment that will tap the $7 billion global market for osteoporosis medications

The New York Times reports that Nintendo is still having trouble keeping up with demand for the Wii costing the company hundreds of millions in sales.

The New York Times writes that the FDA rejected Merck’s (MRK) bid to sell cholesterol drugs over the conounter.

The New York Times writes that Boston Scientifc (BSX) will sell to businesses to raise capital

The FT reports that Dow Jones (DJ) investors approved a buy-out by News Corp (NWS).

Barron’s writes that Qwest (Q) has approved its first dividend since 2001.

Bloomber writes that Moody’s cut Citigroup debt ratings.

Douglas A. McIntyre