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