Media Digest 12/15/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) will pay back TARP funds.

Reuters:   Kraft (NYSE:KFT) says it will be disciplined in its Cadbury (NYSE:CBY) buyout effort.

Reuters:   Some of AIG’s (NYSE:AIG) top staff are struggling financially.

Reuters:   Geithner said the US would make a profit on TARP.

Reuters:   Goldman Sachs (NYSE:GS) faces a lawsuit over bonuses.

Reuters:   Citigroup pay and bonus cuts will remain despite TARP repayment.

WSJ:   Exxon Mobil (NYSE:XOM) is making a big bet on natural gas by buying XTO Energy (NYSE:XTO).

WSJ:   Bankers told Obama that they would support some level of regulation.

WSJ:   Dubai’s plan to repay some of its debt may not repair its reputation.

WSJ:   Bank of America (NYSE:BAC) was not able to get the Bank of New York Mellon (NYSE:BK) to take its top job.

WSJ:   GE’s (NYSE:GE) Immelt will draw on the lessons he has learned running the company in an investor presentation.

WSJ:   New mortgage asset guidelines are being proposed.

WSJ:   Wal-Mart (NYSE:WMT) is using its logistics skills to compete with Amazon (NASDAQ:AMZN).

WSJ:   Google (NASDAQ:GOOG) and T-Mobile (NYSE:DT) are discussing a handset marketing partnership.

WSJ:   The EU will probably approve the bid by Oracle (NASDAQ:ORCL) to buy Sun (NYSE:JAVA).

WSJ:   ArcelorMittal will cut thousands of more jobs.

WSJ:   Apple (NASDAQ:AAPL) faces delays in iMac shipments.

WSJ:   Pfizer (NYSE:PFE) salesmen are using new PCs to pitch products and help them comply with regulations.

WSJ:   Toyota’s (NYSE:TM) into hybrids is going global.

NYT:   A new poll shows how badly unemployment has hit many families.

NYT:   GM’s new CEO is trying to change the firm’s bureaucratic culture.

NYT:   Obama pressed big banks to lend more.

NYT:   Abu Dhabi’s loan to Dubai will give it more control over its troubled neighbor.

NYT:   A new study says the impact of electic hybrids could be decades away.

FT:   China moved ahead of the US in the IPO market with $27.2 billion raised.

Bloomberg:   Dubai will need more help to pay bonds due in 2010 and 2011.

Bloomberg:   JP Morgan (NYSE:JPM), Bank of America, and Citigroup are leading a comeback in collateralized debt obligations

Douglas A. McIntyre

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.