Media Digest 11/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: November 3, 2009 3:55 am

Last Updated: March 11, 2020 8:31 am

Reuters: The value of the yuan could cause a trade war between the US and China.

Reuters: Executive pensions rose despite drops in stock prices.

Reuters: Lloyds will make a large stock offering.

Reuters: Stanley Works (NYSE:SWK) bought Black & Decker (NYSE:BDK) for $3.46 billion.

Reuters: CIT’s (NYSE:CIT) exit from bankruptcy is not clear.

Reuters: UBS (NYSE:UBS) posted a loss and wealth management clients continued to leave.

Reuters: Ford (NYSE:F) posted a surprise profit.

Reuters: Manufacturing and pending home sales both rose.

Reuters: Volker said the economy could not rely on consumer spending.

Reuters: The commercial real estate business is still in deep trouble.

WSJ: Toyota (NYSE:TM) expects a monthly sales decline.

WSJ: IllyCaffè SpA will work with local coffee shops to compete with Starbucks (NASDAQ:SBUX).

WSJ: The head of the IMF says financial firms are going back to old practices.

WSJ: Blu-ray makers are becoming more involved with web video.

WSJ: Research-in-Motion (NASDAQ:RIMM) is the focus of a number of bearish comments.

WSJ: Schwab (NASDAQ:SCHW) is making a push into ETFs.

WSJ: GM’s board will revisit the Opel sale.

WSJ: Microsoft (NASDAQ:MSFT) Office faces inexpensive versions of similar software.

WSJ: Sears (NASDAQ:SHLD) may need to get cash from its Canadian operation which presents challenges.

WSJ: Problems are beginning to appear in the financials of Chinese banks.

WSJ: Business bankruptcies rose 7% in October.

NYT: The US will allow GM to use federal money to put into Delphi.

NYT: The Supreme Court is looking at fees advisors charge mutual funds.

NYT: The Senate is pushing insurance companies on the amount of premiums they actually spend on care.

NYT: Goldman Sachs (NYSE:GS) may buy tax credits from Fannie Mae (NYSE:FNM)

FT: The Fed has asked banks to adopt it new pay rules early to cover 2009 compensation.

FT: Ebay’s (NASDAQ:EBAY) PayPal has opened doors to outside developers.

Bloomberg: The next head of Bank of America (NYSE:BAC) may be based in NYC.

Douglas A. McIntyre

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.