Media
Media Digest 9/10/2009 Reuters, WSJ, NYT, FT, Bloomberg
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Reuters: GM has made its decision on Opel and will announce it today.
Reuters: Foreign car makers are having trouble with the affluent market in China
Reuters: Steve Jobs made a presentation at Apple’s (AAPL) latest public meeting.
Reuters: OPEC will hold prices steady.
Reuters: Google (GOOG) plans new mirror technology to improve solar power.
Reuters: Bank of America (BAC) is pushing an SEC settlement but rejected new charges by Cuomo.
Reuters: The Fed says the recession is over but the job outlook is bad.
Reuters: A new report says foreclosures will peak in late 2010.
Reuters: The head of Goldman Sachs (GS) says outrage over Wall St. pay is justified.
Reuters: Texas Instruments (TXN) raised its forecasts.
WSJ: The FDIC will phase out a program to help banks which will test how the industry will do without the help.
WSJ: A judge ordered UBS (UBS) to set aside $35 billion in cash involving sales of complex debt instruments.
WSJ: The US is bracing for a long flu season.
WSJ: Kraft (KFT) is trying to get more share of overseas markets which Cadbury has.
WSJ: AT&T (T) will boost its 3G network in six cities.
WSJ: Job openings fell to a record low in July.
WSJ: The government mortgage-aid plan has had poor results.
WSJ: China shippers and airlines may default on oil-derivative contracts sold to them by foreign banks.
WSJ: Comcast (CMCSA) may buy more cable companies.
WSJ: Sales growth at McDonald’s (MCD) slowed.
NYT: Tech companies are pushing to digitize medical records with $10 billion in government aid on the table.
NYT: Merck (MRK) and GlaxoSmithKline (GSK) are competing for selling drugs that treat the human papillomavirus.
NYT: The New York Times (NYT) is in no rush to sell The Boston Globe.
FT: The head of Goldman Sachs admits that banks lost control of complex instruments.
FT: Brazil found a deep water oil field which could become on of the largest in the world.
FT: US interest rates should be steady in the near term.
Bloomberg: The Bank of China sees stock and real estate bubbles in many parts of the country.
Douglas A. McIntyre
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