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Friday, October 06, 2006

Media Digest 10/06/2006 Reuters, WSJ, NYT


According to Reuters, Hitachi is recalling 16,000 Sony PC batteries.

Reuters writes that Wal-Mart is speeding up the roll-out of its generic drug sales program.

Reuters writes that Starbuck's will stop issuing monthly sales results because the data causes sharp fluxuations in the company's share price.

Reuters writes that there has been speculation that Intel would buy graphic chip company Nvidia, causing it shares to rise 8%, but analysts cannot find a good reason for the acquisition.

The Wall Street Journal writes that Sovereign Bank's board is considering dismissing its CEO because he has not improved the institution's performance.

The WSJ writes that Starbuck's has raised it goal for global outlets to 40,000.

The WSJ also reports that half of MySpace users are over 35 showing that social networking has a broader appeal than was previously believed.

The New York Times reports that Ford's interest in an alliance with Nissan and Renault has dropped since the No. 2 US car company brought in a new CEO.

Douglas A. McIntyre

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