Media Digest 7/16/2010
July 16, 2010 by Douglas A. McIntyre
MarketWatch: AgBank rose after its debut on the Hong Kong market.
Reuters: Goldman Sachs Group (NYSE: GS) settled with the SEC for $550 million.
Reuters: BP plc (NYSE: BP) capped the flow of oil into the Gulf of Mexico.
Reuters: Google Inc. (NASDAQ: GOOG) profits missed targets as expenses rose.
Reuters: Smartphone sales pushed up results in Q2 for Sony Ericsson.
Reuters: A recall of the Apple Inc (NASDAQ: AAPL) iPhone is unlikely.Reuters: Problems in Europe and iPhone sales will hurt results of other smartphone companies.
Reuters: American Research Group says there is still strong demand for the iPad.
Reuters: Carlyle Group will buy NBTY (NYSE: NTY) for $3.8 billion.
WSJ: Bank of America Corporation (NYSE: BAC) will focus on consumer banking as the financial reform bill becomes law.
WSJ: Citigroup (NYSE: C) disclosed in new public filings how it hid risk.
WSJ: Apple management knew of risks that its iPhone 4 would have reception problems.
WSJ: A WSJ survey shows more economists believe that the economy is improving.
WSJ: The delivery of the Boeing (NYSE: BA) 787 could be delayed again.
WSJ: Honda Motor (NYSE: HMC) was hit by another strike in China.
WSJ: Advanced Micro Devices (NYSE: AMD) posted higher sales.
WSJ: The auto industry is fighting a new safety bill.
WSJ: Activision is gambling $100 million on a PC-based game.
WSJ: Congress approved the financial reform bill.
WSJ: Fed governor nominees supported policies to drive down unemployment.
WSJ: China’s yuan policy has changed very little.
WSJ: Bombardier will compete with Airbus and Boeing in the mid-sized aircraft market.
WSJ: Johnson & Johnson (NYSE: JNJ) will keep a Tylenol plant shut.
WSJ: GlaxoSmithKline (NYSE: GSK) will take a $2.4 billion charge for costs related to problems with several drugs.
WSJ: Gannett’s (NYSE: GCI) earnings may conceal ongoing problems in the newspaper industry.
WSJ: Improved results of Greek debt issues may mark a turnaround in Europe.
WSJ: KKR stock fell after its IPO.
NYT: Banks are trying to change their business models now that the financial overhaul bill is in place.
Blomberg: Buyers of BP assets many face the legal problems that go with them.
Douglas A. McIntyre
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