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Friday, June 30, 2006

Media Digest 6/30/2006

Stocks: (MA)(AAPL)(DMX)(RIMM(EMC)(RSAS)(F)(BA)

According to Reuters, MasterCard may have violated European antitrust rules by restricting competition among banks.

Reuters writes that Apple has announced that it found irregularities in its stock option grants, including on to Steve Jobs that was later cancelled.

The Wall Street Journal writes the Chrysler will introduce a new version of the Dodge Challenger based on the 1970s icon.

Reuters also writes that Arcelor shareholders will vote on a business combination with fellow steelmaker Severstal.

Reuters also reports that Reseach In Motion, maker of the Blackberry, posted better than expected earnings. Sales rose 35% to $613 million.

The Wall Street Journal reports that Chrysler plans to introduce an employee discount pricing plan for all customers.

WSJ also reports that EMC has agreed to but RSA Security for $2.3 billion.

The New York Times writes that Ford Motor plans to shift its focus away from hybrids and develop cars that us a range of fuels like ethanol to consume less gasoline.

The NY Times also reports that Boeing will take a second quarter charge of as much as $1.15 billion, part of which is to settle ethics charges with the U.S. government.

Douglas A. McIntyre
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