Media Digest 4/7/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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Reuters:   The Chinese hinted they were ready to let the yuan rise.

Reuters:   Asian stocks are near a 22 month high.

Reuters:   Regulators plan to track fast frequency trading.

Reuters:   FTC may block Google’s (GOOG) deal to buy mobile ad firm AdMob.

Reuters:   The Nikkei was helped by a sharp rose in bank shares.

Reuters:   Geithner said a yuan revaluation was China’s choice.

WSJ:   Goldman Sachs (GS) told its side of the credit crisis story in a letter to shareholders.

WSJ:   JPMorgan’s (JPM) Jamie Dimon is taking visible positions against bank regulation.

WSJ:   Renault and Nissan will work with Daimler on small cars.

WSJ:   A federal appeals court ruling caused problems with the FCC’s net neutrality plans.

WSJ:   Shopping center owners are still lowering rents.

WSJ:    Concerns about Greek debt are mounting again.

WSJ:   The Fed will keep rates low for an extended period.

WSJ:   Hewlett-Packard (HPQ), Dell (DELL), and Xerox (XRX) are competing harder for consulting clients.

WSJ:   Verizon’s (VZ) CEO said he did not think his firm would merge with Vodafone (VOD).

WSJ:   CA (CA) will cut 1,000 jobs.

WSJ:   Moody’s may cut its rating on Iceland.

WSJ:   Monsanto is gambling that its technology will allow it to get higher prices.

WSJ:   Illiquid assets may hurt bank earnings.

WSJ:   GM’s slow decision-making process is frustrating its new CEO Ed Whitacre.

WSJ:   Toyota’s (TM) Prius is still the No.1 selling car in Japan.

WSJ:   Wal-Mart (WMT) is ramping up its online effort worldwide.

WSJ:   Rates that Greece has to pay for debt are rising sharply.

WSJ:   Macarthur Coal rejected Peabody’s new offer.

WSJ:   Visual artists will sue Google (GOOG) over its library digitization plans.

WSJ:   GM and Chrysler have $17 billion in underfunded pension liabilities.

WSJ:   California pensions are under-funded by a half a trillion dollars.

FT:   Facebook is blocking the sales of employee shares on secondary markets.

FT:   Copper prices are rising sharply.

Bloomberg:   China will sell three-year bills, a sign interest rates may rise.

Douglas A. McIntyre