Media

Media Digest (1/21/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Hedge fund Loch Capital is losing customers because of ties to a witness in the Galleon case.

Reuters:   China GDP grew 10.7% in the fourth quarter.

Reuters:   Obama will target excessive financial risk taking.

Reuters:    AIG (NYSE:AIG) owes retention pay to many workers.

Reuters:   The Pentagon budget will probably kill 7 weapons programs.

Reuters:   Google (NASDAQ:GOOG) is expected to post a solid fourth quarter.

Reuters:   Starbucks US sales began to grow again.

Reuters:   The dispute between China and Google (NASDAQ:GOOG) may hurt the launch of Motorola’s (NYSE:MOT) Android-based phone. Android is the Google mobile OS.

Reuters:   Ebay (NASDAQ:EBAY) beat forecasts on strong growth from PayPal.

WSJ:   Obama plans to put new restrictions on the size and risk-taking of big banks.

WSJ:   Apple (NASDAQ:AAPL) will launch a tablet with ties to content from TV and print.

WSJ:   Microsoft (NASDAQ:MSFT) is scrambling to fix security holes in IE.

WSJ:   Amazon (NASDAQ:AMZN) plans to target Apple with new apps for the Kindle.

WSJ:   Buffett attacked the Kraft (NYSE:KFT) deal to buy Cadbury (NYSE:CBY).

WSJ:   Greek bonds are trading lower.

WSJ:   The World Bank issues a mixed forecast which points to a rise in GDP next year but warns about credit markets.

WSJ:   Amazon launched a new royalty plan for authors and publishers.

WSJ:   The New York Times will begin to charge for web content.

WSJ:   Sony (NYSE:SNE) delayed the launch of its active motion controller.

WSJ:   Difficulties with some drilling techniques for natural gas may injure the industry’s growth.

WSJ:   Sprint (NYSE:S) is being squeezed by price cuts at its rivals AT&T (NYSE:T) and Verizon (NYSE: VZ).

WSJ:   Microsoft sued Tivo (NASDAQ:TIVO) over patent misuse.

WSJ:   Stock buybacks are a way to help investors in companies faced with modest growth.

NYT:   Banks are seeing a decline in bad loans.

NYT:   Morgan Stanley had a weak quarter and strong bonuses.

NYT:   China is on a path to becoming the world’s second largest economy.

NYT:   Republicans are objecting to a panel on the deficit.

NYT:   The expanded growth of wind power may be realistic but expensive.

Bloomberg:   GE’s (NYSE:GE) shares may be hurt until financial reforms are finalized.

Bloomberg:   AMR (NYSE:AMR) will fight a Delta (NYSE:DAL) tie-up with JAL

Douglas A. McIntyre

Smart Investors Are Quietly Loading Up on These “Dividend Legends” (Sponsored)

If you want your portfolio to pay you cash like clockwork, it’s time to stop blindly following conventional wisdom like relying on Dividend Aristocrats. There’s a better option, and we want to show you. We’re offering a brand-new report on 2 stocks we believe offer the rare combination of a high dividend yield and significant stock appreciation upside. If you’re tired of feeling one step behind in this market, this free report is a must-read for you.

Click here to download your FREE copy of “2 Dividend Legends to Hold Forever” and start improving your portfolio today.

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