Monday, July 27, 2009

Media Digest 7/27/2009 Reuters, WSJ, NY Times, FT, Bloomberg

Reuters: Airline on-board entertainment systems face competition from handheld devices like the Apple (AAPL) iPod.

Reuters: Bernanke will be on PBS to take his message about Fed plans to a broader audience.

Reuters: Some Democrats oppose the current healthcare plan.

Reuters: More foreign executives are heading to China as its economy expands.

Reuters: Aetna (AET) would like to get out of the business of selling drug benefits.

Reuters: Apple (AAPL) and record labels are working on a plan to increase album sales.

Reuters: Barron’s says Citigroup (C) shares could double by 2012.

Reuters: Ericsson (ERIC) bought Nortel’s wireless assets for $1.13 billion.

WSJ: Lending by large banks slowed in Q2 as concerns about risk remained.

WSJ: The new “pay czar” will attempt to renegotiate deals with high paid employees at companies with federal aid.

WSJ: Insurance companies may be taxed on their most expensive policies.

WSJ: Corporate bond sales are surging as the market improves.

WSJ: TV networks are giving lower ad rates.

WSJ: Video game makers are being hit hard by the recession.

WSJ: Earnings results could spur IPOs.

WSJ: GDP data may indicate an upturn.

WSJ: Microsoft (MSFT) may offer rival browsers in Europe to settle disputes with EU regulators.

WSJ: US guarantees of bank debt issues will save the firms $24 billion in borrowing costs over three years.

NYT: Researchers are trying to learn why some people do not look at Internet ads.

NYT: Lawmakers are trying to curb drug commercials saying they cause patients to pressure doctors.

NYT: Gannett (GCI) is cutting severance pay.

FT: Europe lenders are bracing for US style credit card defaults.

FT: Emerging markets are rushing to buy back their debt.

Bloomberg: Real yields are the highest they have been since 1994.

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