Media

Media Digest 6/19/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Paulson will push for more market and financial regulations.

Reuters writes the Anheuser-Busch (BUD) board will meet on the InBev offer.

Reuters reports that the GAO was critical of the Air Force decision to give a tanker project to Northrup Grumman (NOC), leaving an opening for Boeing (BA).

Reuters writes that GM (GM) is slowing development of new SUVs.

Reuters reports that HP (HPQ) will reorganize ifts printer business.

The Wall Street Journal reports that banks are changing accounting to mask financial troubles.

The Wall Street Journal reports the off-shore drilling will take years to add to oil supply.

The Wall Street Journal reports that Apollo Management is trying to kill its deal to buy Huntsman (HUN).

The Wall Street Journal writes that Thornburg Mortgage (TMA) has said it survival is in doubt.

The Wall Street Journal reports that Sprint’s (S) new smartphone will cost $129.

The Wall Street Journal writes that the CEO of Hearst quit.

The Wall Street Journal writes that Pfizer (PFE) has cut a deal to keep a cheap version of Lipitor off the market until 2011.

The Wall Street Journal says Toyota (TM) truck sales are faltering in the US.

The Wall Street Journal writes that AT&T (T) is asking Dish Network to buy back $500 million in securities.

The Wall Street Journal reports that Verizon (VZ) is boosting the speed of its fiber-to-the-home product.

The New York Times reports that a shortage of ships is delaying some off-shore drilling projects.

The New York Times writes that Americans are driving less due to higher gas prices.

The FT writes that hedge fund manager John Paulson says that the financial markets will get much worse.

Bloomberg writes that Cerberus is troubled by cash consumption at Chrysler.

Douglas A. McIntyre

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