Media Digest 7/18/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: July 19, 2010 3:58 am

Last Updated: July 19, 2010 5:30 am

Reuters: Moody’s downgraded Ireland’s debt.

Reuters: Engineers detected seepage around the capped BP well.

Reuters: The National Association for Business Economics says companies will begin to hire again but the service sector will be slow.

Reuters: American International Group (NYSE: AIG) named the former head of Prudential was named head of AIA ahead of the planned IPO for that business.Reuters: A major Chinese economist says his nation should cut holdings in US debt.

Reuters: European officials are signaling that stress tests for banks in the region will show positive results.

Reuters: LG plans to increase shipments of 3D laptops by 30%.

Reuters: Motorola (NYSE: MOT) may sell its telecom equipment unit to Nokia Siemens.

Reuters: Research In Motion (NASDAQ: RIMM) says Apple Inc. (NASDAQ: AAPL) claims about the signal reception of its BlackBerry are not true.

WSJ: Airplane leasing orders rose at the Farnsworth Air show.

WSJ: Marketing agencies are increasing their work in helping clients with social media.

WSJ: The new Ford Motor (NYSE: F) Explorer gets better gas mileage.

WSJ: The IMF and EU walked out on negotiations with Hungary saying it needs to improve its budget.

WSJ: Verizon Communications (NYSE: VZ) and AT&T (NYSE: T) earnings will be dominated by smartphone sales.

WSJ: Earnings from Johnson & Johnson (NYSE: JNJ) need to address its recall fiasco.

WSJ: Some venture capital firms may close.

WSJ: Worries about the debt of EU nations have begun to disappear.

WSJ: Many in China favor video on the internet over TV.

FT: The IMF will try to raise $250 billion to help it boost lending.

FT: German business figures attacked China for walling off its markets.

FT: The US Treasury in being criticized for funding car companies which in turn closed dealerships.

Bloomberg: BP plc (NYSE: BP) is having trouble selling its Prudhoe Bay assets to Apache (NYSE: APA).

Bloomberg: US officials detected seepage around the capped BP well.

Douglas A. McIntyre

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