Media Digest 9/1/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

WSJ:   Burger King (NYSE: BKC) is considering a private equity buyout.

Reuters:   China’s manufacturing sector grew.

Reuters:   China may probe the BHP Billiton (NYSE: BHP) buyout offer for Potash (NYSE: POT).

Reuters: (NASDAQ: AMZN) is considering launching a web TV service.

Reuters:   Sony (NYSE: SNE) will offer a new line of lighter e-readers.

Reuters:   Staples (NYSE: SPS) will sell the Amazon Kindle.

Reuters:   Sony will launch a new service of video and music downloads to a number of devices in a bid to compete with Apple Inc.’s (NASDAQ: AAPL) iTunes.

Reuters:   There are a number of conditions that favor a rise in M&A.

Reuters:   Genzyme (NASDAQ: GENZ) is open to a buyout but not at $69.

WSJ:   Back-to-school sales will be poor according to MasterCard Advisors

WSJ:   Worldwide currency trading has hit $4 trillion a day.

WSJ:   Apple Inc plans a 99-cent rental service for TV shows from News Corp’s (NYSE: NWS) Fox and Walt Disney’s (NYSE: DIS) ABC.

WSJ:   The FDIC said it list of troubled banks increased to 829.

WSJ:   Sprint-Nextel (NYSE: S) and its partner in 4G, Clearwire (NASDAQ: CLWR), may let T-Mobile to invest in the broadband network.

WSJ:   The US government found that China dumped aluminum in America but will not look into the role that currency may have played.

WSJ:   Young women make more than men, according to Reach Advisors

WSJ:   Gartner cut its PC sales forecasts for the second half.

WSJ:   Fed officials disagreed on helping maintain the recovery, according to FOMC notes.

WSJ:   Housing prices rose slightly but the forecast for the balance of the year fell.

WSJ:   Companies have begun to blame one another over egg recalls.

WSJ:   A judge was asked to lift the stem-cell funds ban.

WSJ:   New rules will lessen ties between oil industry regulators and the industry.

WSJ:   Hyundai will up production at a Florida plant.

WSJ:   JAL’s plan to right itself calls for huge layoffs.

WSJ:   Borders will cut the price of one of its e-readers below $100.

WSJ:   Microsoft (NASDAQ: MSFT) has set partnerships in China to increase its search engine share.

WSJ:   Sony-Ericsson expects that 80% of handset sales in China will be smartphones within five years

WSJ:   Icahn upped his bid for Lions Gate Entertainment (NYSE:LGF).

WSJ:   JP Morgan Chase (NYSE: JPM) will close its proprietary trading desks.

WSJ:   The SEC will not sue Moody’s Investor Service (NYSE: MCO) over ratings of mortgage-backed paper.

NYT:   The Financial Crisis Inquiry Board faces a drop in staff members.

NYT:   Strong exports have helped US agriculture.

NYT:   Touchscreens are becoming more important to computer sales.

FT:   US bank profits have returned to pre-crisis levels.

Bloomberg:   Emirates needs $28 billion to expand its fleet through 2017.

Bloomberg:   Japan vehicle sales rose the most since 1972 based on government incentives.

Bloomberg:   Citigroup (NYSE: C) will increase its Chinese labor force by 12,000 over three years.

Bloomberg;   Apple plans a NetFlix service.

Douglas A. McIntyre