Media

Media Digest 2/2/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

NewspaperAccording to Reuters, Honda (HMC) sales in the US fell in January.

Reuters reports that the premier of China sees hopeful signs in his economy.

Reuters reports that hard times make government jobs more attractive.

Reuters reports that online games are moving into Western markets as cheap entertainment.

Reuters reports that Obama will release TARP rules first and then his bank plan.

Reuters reports that Rio Tinto (RTP) is in talks to sell some asset to Chinalco.

Reuters reports that Panasonic will report a $3.9 billion annual loss.

Reuters reports that GlaxoSmithKline (GSK) will cut 6,000 jobs

Reuters reports that Roche in confident its Genentech (DNA) bid will be successful.

The Wall Street Journal reports that firms getting US aid will have need to follow strict pay guidelines.

The Wall Street Journal reports that financial protectionism could hurt the global recovery.

The Wall Street Journal reports that Chrysler sales are being hurt by its former financial arm.

The Wall Street Journal reports that the new Wal-Mart (WMT) CEO will push overseas growth.

The Wall Street Journal reports that the ECB is drawing up guidelines for bad banks.

The Wall Street Journal reports that new jobs data will hint at how bad the economy is.

The Wall Street Journal reports that talks are continuing between refineries and unions.

The Wall Street Journal reports that investors are getting ready for a loss of hybrid securities.

The Wall Street Journal reports that Ryanair had a third quarter loss.

The Wall Street Journal reports that job cuts are hurting Motorola’s (MOT) move into high end handsets.

The Wall Street Journal reports that Sirius (SIRI) faces debt payments that may determine its fate.

The Wall Street Journal reports that muni bonds could be risky investments.

The Wall Street Journal reports that legislators want more hedge fund disclosure.

The Wall Street Journal reports that state are offering tax breaks to get more jobs.

The Wall Street Journal reports that earnings from insurers may show which will survive.

The Wall Street Journal writes that Treasury yields may rise, pressuring the Fed.

The Wall Street Journal reports a “bad bank” program may force large write-offs, but could help Morgan Stanley (MS) and Goldman Sachs (GS).

The Wall Street Journal reports a new tax bill could hurt GM (GM).

The Wall Street Journal reports that Tata Motors reported poor earnings on sales in India.

The Wall Street Journal reports that Rambus is betting on handsets with much faster functions than current models.

The New York Times reports that hundreds of billion of dollars in US taxpayer money in on the line as bank assets are revalued.

The New York Times reports that there are still tensions between Apple (AAPL) and music labels.

The New York Times reports world leaders are wary about US financial plans.

The FT reports that the premier of China is looking at new stimulus packages for his nation.

The FT reports that Lehman creditors may get stock instead of cash.

The FT reports that Sanofi will join Pfizer (PFE) on the M&A trail.

Bloomberg reports that Apple (AAPL) may use its patents to delay a new Palm (PALM) product.

Douglas A. McIntyre