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Friday, November 10, 2006

Media Digest 11/10/2006 Reuters, Wall Street Journal, New York Times

Stocks: (AIG)(F)(EXP)(C)

According to Reuters, AIG's earnings more than doubled in the third quarter as the company avoided the hurricane claims it had last year.

Reuters writes that Ford will delay filing it 10-Q as it does some restatement of earnings.

Reuters writes that Disney's profits more than doubled as it theme parks, networks, and studio did well.

The Wall Street Journal writes that Consumer Reports rated some cars from Detroit well for reliability, but Japanese cars maintained a lead in the survey.

The Wall Street Journal writes that Goodyear swung to a quarterly loss driven by labor problems and higher commodity cost.

The Wall Street Journal reports that Expedia earnings dropped 26% as domestic growth in booking fell.

The Wall Street Journal also reports that Citigroup has had problems expanding into the Chinese market as government regulations has thwarted its efforts.

The New York Times writes that brand marketers are producing their own TV shows in the hopes of strengthening bonds to consumers.

The NYT also writes that Viacom's results fell as its studio did poorly.

Douglas A. McIntyre

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