Media Digest 4/7/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
April 7, 2010 by Douglas A. McIntyre
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
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