Media
Media Digest 3/10/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
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Last Updated:
Reuters: Democrats may miss their goal to vote on healthcare reform.
Reuters: China exports rose 46% in February.
Reuters: China’s Geely raised money to buy Volvo.
Reuters: Strong Chinese trade data made the case for a firmer yuan.
Reuters: AIG (AIG) came up with a new formula for employee bonuses.
Reuters: A group of economists cut their 2011 growth forecasts for the US.
Reuters: Bank of America (BAC) ended overdraft fees on debt cards.
Reuters: A new study indicates that NY State should cut its budget by $20 billion.
Reuters: Greece says the G20 will review financial speculation.
Reuters: Some senators see wider applications for the Volcker rule.
WSJ: The Fed is debating when it should raise signals that it will increase rates.
WSJ: Cisco (CSCO) promoted its faster router.
WSJ: Barclays (BCS) is looking for new assets in the US.
WSJ: Sony (SNE) will aggressively promote 3D TV.
WSJ: Europe is considering a ban on swaps.
WSJ: The president demanded more extensive audits of federal agencies to detect healthcare and other fraud.
WSJ: There was strong demand for International Lease Finance bonds.
WSJ: Apollo bought Citigroup’s (C) real estate investment business.
WSJ: A Dubai debt deal will not renew its image with investors.
WSJ: Ingersoll-Rand said it has prohibited non-U.S. subsidiaries from selling products to customers in Iran.
WSJ: The cost of Toyota (TM) recalls could cost $5 billion.
WSJ: Symantec (SYMC) will go after mobile hackers.
NYT: Merch (MRK) and Sanofi-Avantis will set up a venture that will have a huge part of the sales of vet drugs.
NYT: Mattel (MAT) will make Barbies to cash-in on the “Mad Men” craze.
NYT: MGM is considering a prepackaged bankruptcy.
FT: Regulators told US banks to hold bank on share buybacks and increases in dividends.
FT: The CFTC called for an end to secrecy over dividend trades.
FT: HP (HPQ) is being accused of selling faulty notebooks in China.
Douglas A. McIntyre
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