Media Digest 4/30/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
April 30, 2010 by Douglas A. McIntyre
WSJ: Warren Buffett intends to discuss his investment in Goldman Sachs Group (NYSE: GS) at the Berkshire Hathaway (NYSE: BRK.B) annual meeting.
Reuters: Federal authorities have started a criminal probe into Goldman.
Reuters: The government is upping efforts to contain the oil spill.
Reuters: UAL (NASDAQ: UAUA) and Continental (NYSE: CAL) will merge.
Reuters: Greece is preparing an austerity plan.
Reuters: Research-in-Motion (NASDAQ: RIMM) broke into the top five handset markets in the world as have Nokia oy (NYSE: NOK), Samsung, LG, and Sony Ericsson.
Reuters: Oil moved back above $85.
WSJ: Steve Jobs of Apple (NASDAQ: AAPL) said that Adobe (NASDAQ: ADBE) Flash is unfit for the iPhone.
WSJ: The Bank of Japan ended a forecast of deflation.
WSJ: The credit defaults swaps figure on the UK is rising.
WSJ: Spain’s unemployment hit 20%.
WSJ: A Dendreon (NASDAQ: DNDN) treatment for prostate cancer got FDA approval.
WSJ: Microsoft (NASDAQ: MSFT) put its tablet computer on hold.
WSJ: Wynn (NASDAQ: WYNN) will move its headquarters to Macau.
WSJ: Google (NASDAQ: GOOG) will show its TV software in May.
WSJ: Hewlett-Packard (NYSE: HPQ) has decided to go after the consumer and business markets.
WSJ: Apple (NASDAQ: AAPL) app developers have begun to work on software for outside the US.
WSJ: Starbucks (NASDAQ: SBUX) is starting to sell its Via instant coffee in thousands of grocery stores.
WSJ: Procter & Gamble (NYSE: PG) is becoming more aggressive on pricing.
WSJ: The profits at China’s banks are rising.
WSJ: Demand for Italian debt is strong.
WSJ: S&P says Europe banks face more bad real estate loans.
NYT: The ECB may have to raise rates to prevent inflation.
NYT: The US outlined plans to battle labor law violations.
FT: Greece agreed to a 24 billion euro austerity package with includes a VAT.
FT: The CFTC fined Morgan Stanley (NYSE: MS) over trading abuse on oil and metals.
FT: Some regulators want to stop the growth of the $1 trillion carry trade.
Bloomberg: New Apple iPhones may do video calls.
Bloomberg: “Decisions by U.S. homeowners to walk away from mortgages they can afford account for an increasing share of defaults, according to Morgan Stanley.”
Douglas A. McIntyre
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