Media
Media Digest 4/26/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Germany’s ruling party is keeping pressure on Greece to restructure debt.
Reuters: The growth forecasts of the G20 do not make economic sense.
Reuters: Oil moved higher on strong economic numbers.
Reuters: The Fed is likely to extend the period during which it will keep rates low.
Reuters: Bootlegged versions of the Apple Inc (NASDAQ: AAPL) iPad are available in China.
Reuters: Hertz (NYSE:HTZ) will buy Dollar Thrifty for $1.2 billion.
WSJ: Democrats are near a deal to regulate derivatives which may hurt trading by banks.
WSJ: Goldman Sachs Group (NASDAQ:GS) built part of its mortgage operation by working with Washington Mutual.
WSJ: Merger talks between UAL (NASDAQ: UAUA) and Continental (NYSE: CAL) are being undermine by a debate about share prices.
WSJ: Strong increases in consumer spending may cause companies to begin to hire.
WSJ: The IMF is speeding up its effort to aid Greece.
WSJ: Many technical analysts think the market will go higher
WSJ: Bank of America (NYSE: BAC) is near a decision on a new chairman.
WSJ: The push for a global bank tax fell apart.
WSJ: A new generation of laptops is eating into netbook sales.
WSJ: Stifel will buy Thomas Weisel Partners.
WSJ: CKE Restaurants will accept a deal to buy it from Apollo
WSJ: TV upfront sales are strong.
WSJ: Treasury trading may show a concern about long-term inflation.
WSJ: PIMCO is putting more money into emerging market debt.
NYT: Economists are still at odds about how strong the recovery will be.
NYT: Emerging nations will get a larger role in the World Bank.
FT Goldman Sachs Group released a paper trial which supports its defense against the SEC.
FT: Greek aid will depend on its budget cut plans.
FT: Nielsen will have a $21 billion IPO.
FT: Cash rich tech companies added $65 billion in reserves in a year. The money is not being used for M&A
FT: The News York Times Co. (NYSE: NYT) will used local editions to fight a new edition of the Wall Street Journal.
Douglas A. McIntyre
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