Media Digest 12/11/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The pressure is on big oil companies such as Exxon (NYSE:XOM) and BP (NYSE:BP) to find inexpensive oil reserves in Iraq.
Reuters: Moody’s (NYSE:MCO) sees no threat to the US debt rating for now.
Reuters: Obama plans a TARP for small business.
Reuters: Rental income in buildings for residential occupancy will remain weak.
Reuters: The House is near passage of a bill to overhaul the US financial markets.
Reuters: Goldman Sachs (NYSE:GS) top management will take bonuses in stock.
Reuters: Ford’s (NYSE:F) CEO said he talked with GM’s new CEO Whitacre to discuss the industry.
Reuters: The House passed a $447 billion spending bill.
Reuters: The pay czar will make rulings on several other firms which have US money.
Reuters: Citigroup (NYSE:C) plans an offering of $15 billion in stock.
Reuters: Trading in AOL’s (NYSE:AOL) shares got off to a rough start.
WSJ: The Boeing (NYSE:BA) Dreamliner is set for its first flight.
WSJ: China’s curbs on sales of tech gear to its central government are drawing criticism.
WSJ: Stores are holding bigger markdowns of prices in reserve for later in the holiday season.
WSJ: Bank of America (NYSE:BAC) is in talks with Bank of NY (NYSE:BK) CEO about moving to the top spot at BAC.
WSJ: The Airbus A400M is ready to fly.
WSJ: Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) are competing to buy or form relationships with startups.
WSJ: Apple iPhone sales by China Unicom (NYSE:CHU) are picking up.
WSJ: Oracle (NASDAQ:ORCL) is fighting the EU over its Sun Microsystems (NASDAQ:JAVA) deal.
WSJ: Citadel Broadcasting is about to file a prepackaged Chapter 11.
WSJ: GE (NYSE:GE) won a big wind farm project.
WSJ: US household net worth rose.
WSJ: Some bone-building drugs known as bisphosphonates may prevent breast cancer.
WSJ: Falling supplies of natural gas pushed prices up over 8%.
NYT: A national sales tax may be considered to drop the deficit.
NYT: Data from China show its economy is still rebounded quickly.
NYT: Dealers for GM and Chrysler won a victory in the House as a bill advanced to let them appeal being closed.
NYT: France will probably follow the UK on a banker bonus tax.
FT: Facebook is being criticized for changes to it privacy rules.
Douglas A. McIntyre