Media

Media Digest 12/14/2009 Abu Dhabi Bails Out Dubai Reuters, WSH, NYTimes, FT, Bloomberg

Reuters:   Abu Dhabi supplied Dubai with $10 billion in bail out funds.

Reuters:   Cadbury (NYSE:CBY) is optimistic about its fight against Kraft (NYSE:KFT).

Reuters:   Arcelor Mittal could cut 10,000 jobs.

Reuters:   “Naked access” is now 38% of all US trading.

Reuters:   Beijing Auto bought assets of Saab

Reuters:   Morgan Stanley (NYSE:MS) is hiring a former senior officer from Merrill Lynch to run investment banking.

Reuters:   AOL (NYSE:AOL) is in talks with a Russian investment firm to sell ICQ.

Reuters:   Citigroup (NYSE:C) is near a deal to end part of its bailout.

Reuters:   Greenspan said the Fed can do no more to cut unemployment.

Reuters:   Cadbury (NYSE:CBY) and Hershey (NYSE:HSY) are in talks about a friendly bid.

Reuters:   The Fed is likely to repeat its low interest rate pledge.

WSJ:   Google (NASDAQ:GOOG) will market its own cell phone.

WSJ:   Compensation is still an issue as Bank of America (NYSE:BAC) worked toward finding a CEO.

WSJ:   Cadbury raised it profit targets for the next four years.

WSJ:   The climate change conference is seen as US versus China.

WSJ:   Investors are beginning to bet on inflation.

WSJ:   Stronger economic numbers may signal the Fed will begin to pull support of the US economy.

WSJ:   Oracle (NASDAQ:ORCL) made promises to the EU making its buyout of Sun (NYSE:JAVA) more likely.

WSJ:   Hollywood studios are pushing Blu-ray.

WSJ:   China defended it plan to have technology bought by the central government include Chinese IP.

WSJ:   The Department of Energy is becoming a major VC in alternative energy.

WSJ:   The White House is putting  jobs over the deficit.

WSJ:   An open skies rule has raised the stake in the competition for AMR (NYSE:AMR) and Delta (NYSE:DAL) to put money into JAL.

WSJ:   TV stations and networks are fighting over which pays fees to cable companies.

WSJ:   The Fed’s last meeting of the year may be a chance to stabilise falling Treasuries.

NYT:   Google’s (NASDAQ:GOOG) handset may be a challenge to Apple (NASDAQ:AAPL).

NYT:   Bond traders are putting pressure on debt laden nations.

NYT:   Nokia (NYSE:NOK) plans to cut jobs at one of its plants.

Bloomberg:   US home price improvement may stop in early 2010 on forced sales of homes.

Douglas A. McIntyre

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here
you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.


Click here
to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.