Media Digest (8/31/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Dell (NASDAQ: DELL) is expected to stop bidding for 3Par (NYSE: PAR).

Reuters:   BHP Billiton ((NYSE: BHP) says it will not divest Potash (NYSE: POT) divisions.

Reuters:   Consumer spending rose slightly last month.

Reuters:   The yen moved to a 15-week high as BOJ plans failed to help.

Reuters:   Google Inc (NASDAQ: GOOG) will offer a priority mailbox to hold important messages.

Reuters:   Research In Motion (NASDAQ: RIMM) will not have its BlackBerry service shut down in India for now.

Reuters:   3M (NYSE: MMM) will buy Cogent for $943 million.

Reuters:   Intel (NASDAQ: INTC) bought the mobile chip assets on Infineon.

Reuters:   Ron Burkle says he had not planned to take control of Barnes & Noble (NYSE: BKS).

Reuters:   Major hedge funds are dropping investments in equities

Reuters:   Genzyme (NASDAQ: GENZ) rejected a bid from Sanofi-Aventis

WSJ:   The US wants car companies to offer report cards on fuel economy.

WSJ:   Some buyers are paying substantial amounts for the assets of failed banks.

WSJ:   Companies sued by Paul Allen for IP patent violations may be able to say he waited too long.

WSJ:   India’s economy expanded at 8.8%.

WSJ:   Chrysler will begin to sell Fiats.

WSJ:   Samsung will begin to sell apps for TV.

WSJ:   Google bought a social game company called SocialDeck.

WSJ:   Telecom companies may get access to unused TV airwaves.

WSJ:   The government may force airlines and convenience stores to post calorie numbers for food.

WSJ:   The FDA found many contaminants in eggs production facilities.

WSJ:   The IMF will expand its loan options to help underdeveloped nations which may encounter financial problems.

WSJ:   Eurozone consumer confidence improved.

WSJ:   About 2,000 employers and unions will be able to tap a $5 billion government fund for medical bills.

WSJ:   Clearwire (NASDAQ: CLWR) will offer prepaid 4G service.

WSJ:   Google reached a new deal with AP to distribute its news.

WSJ:   Motorola (NYSE: MOT) will push into China.

WSJ:   Global chip sales rose in July.

WSJ:   Windward Investment Management, an ETF company, will be bought by Charles Schwab (NASDAQ: SCHW)

WSJ:   The Treasury will sell $69 billion in notes.

WSJ:   ETFs are emerging for people who want to bet on the spread between M&A buyout offers and the prices that companies  that are for sale want to get.

WSJ:   Phama companies are working on more drugs to treat blood clots.

FT:   New US laws on compensation will create difficulties when matching CEO to worker ratio levels.

FT:   US housing problems are increasing construction unemployment.

FT:   Shares in airlines are rising due to the recovery.

Bloomberg:   Samsung has altered its strategy in a bid to take on Apple Inc. (NASDAQ: AAPL)

Bloomberg:   Car sales may hit a 28-year low, according to researcher Ward’s AutoInfoBank.

Bloomberg:   The Toyota Motor (NYSE: TM) Prius is likely to remain the top-selling car in Japan.

Bloomberg:   Summer movie box office receipts may hit a low not seen since 1997, according to Hollywood.com Box-Office.

Douglas A. McIntyre