Media Digest 12/10/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Dubai said the market’s perceptions of its problems is “softening.”
Reuters: Citigroup (NYSE:C) could sell $20 billion in shares soon.
Reuters: Hershey (NYSE:HSY) is near a decision on Cadbury (NYSE:CBY).
Reuters: GM named a new head of Chevrolet.
WSJ: A large number of Americans are renting homes instead of owning them.
WSJ: More firms in the US and UK are putting limits on executive pay.
WSJ: Apple (NASDAQ:AAPL) is changing the way iTunes works to extend its reach on the internet.
WSJ: Some hedge funds made large sums betting against the sovereign debt of weak countries.
WSJ: Credit Suisse (NYSE:CS) named a new chairman.
WSJ: VW bought a stake in Suzuki.
WSJ: Oracle (NASDAQ:ORCL) will defend its deal to buy Sun Microsystems(NASDAQ:JAVA) in meetings with the EU.
WSJ: AT&T (NASDAQ:T) is facing problems with the large amounts of data being sent over its 3G network.
WSJ: IBM (NASDAQ:IBM) is adding to its cloud computing capacity.
WSJ: AOL (NYSE:AOL) becomes a public company today.
WSJ: Wholesale sales increased as did inventories.
WSJ: Neiman Marcus is working on plans to sell less expensive clothes.
WSJ: Large oil companies are aggressively seeking to drill in Iraq.
WSJ: Medtronic (NYSE:MDT) received a subpoena over one of its heart devices.
WSJ: NCR (NYSE:NCR) and Blockbuster (NYSE:BBI) will increase kioks in a challenge to Redbox.
WSJ: China is trying to balance more economic stimulus with too much liquidity in markets.
WSJ: Pfizer/Wyeth and Merck/Schering-Plough (PFE)(MRK) merger deals are being probed for insider trading.
WSJ: The IPO market in Hong Kong is starting to falter.
NYT: AIG (NYSE:AIG) is returning to success selling annuities but it is doing so though operations that do not use its name.
NYT: Chinese consumers are buying goods aggressively as the stimulus package there helps the middle class.
NYT: CIT exited Chapter 11.
NYT: Ford (NYSE:F) may use stock to pay its obligation to a retiree fund.
NYT: The CEO of GE (NYSE:GE) attacked executive greed.
Bloomberg: A new poll shows Americans want the government to spend on jobs and send the tax bill to the rich.
Douglas A. McIntyre