Media Digest (8/4/2010) Reuters, WSJ, NYTime, FT, Bloomberg
MarketWatch: Toyota Motor (NYSE: TM) upped its full-year forecast
Reuters: BP plc (NYSE: BP) began the “static kill” of its well in the Gulf.
Reuters: Japan is worried because the yen is at a 15-year high.
Reuters: European banks are profiting as bad loans drop.
Reuters: Barnes & Noble (NYSE: BKS) is up for sale.
Reuters: Oil fell as US stocks of crude rose.
Reuters: Research In Motion (NASDAQ: RIMM) released a new phone to compete with the Apple Inc. (NASDAQ: AAPL) iPhone.
Reuters: Motorola Inc. (NYSE: MOT) and Verizon Communications (NYSE: VZ) will build a tablet PC to rival the Apple iPad. The unit will use Google Inc.’s (NASDAQ: GOOG) Android OSReuters: Sharp will launch a 3D handset.
Reuters: Continental Air (NYSE: CAL) and UAL (NASDAQ: UAUA) will release more information on their merger talks.
WSJ: The sales of electronics are hurting purchases of clothes and consumer appliances says the Commerce Department
WSJ: The Federal Reserve is foreclosing on certain properties from its Bear Stearns asset portfolio.
WSJ: Saudi Arabia will shut done some RIM BlackBerry services in a few days.
WSJ: US car sales were up 5% last month but Toyota sales fell.
WSJ: Three studies say than banks will not have to cut lending because of new financial regulations.
WSJ: The FTC will announce a settlement with Intel Corporation (NASDAQ: INTC) over charges it worked to hurt competition.
WSJ: Baidu Inc (NASDAQ: BIDU) is working to improve its growth.
WSJ: Republican Senators released a list of 100 items that have failed as part of the stimulus package.
WSJ: BP plc sold some Colombian assets.
WSJ: Procter & Gamble (NYSE: PG) earnings were hurt by product promotions.
WSJ: Dollar Thrifty as Avis Inc (NYSE: CAR) to improve its bid.
WSJ: Microsoft Corporation (NASDAQ: MSFT) is using data from its China labs to improve a Chinese-English translation tool.
WSJ: China’s CIC may buy part of Harvard’s real estate investments.
NYT: About three-quarters of the Gulf oil spill is already dissipating.
NYT: A National League of Cities survey shows more cities are cutting pay instead of laying of f workers.
NYT; Germany is experiencing a broad recovery.
FT: More China banks will trade gold.
Bloomberg: Facebook says its largest advertisers are increasing their investments by 1000%
Douglas A. McIntyre