Newspaper wrap-up: Fed rumored to be cutting rates shortly
Posted Aug 17th 2007 9:20AM by Eric Buscemi
Filed under: Newspapers, Magazines, Wal-Mart (WMT), Citigroup Inc. (C), Sprint Nextel Corp (S), Merck and Co (MRK), Lilly (Eli) (LLY)
.gif)
MAJOR PAPERS:
OTHER PAPERS:
- The CEO of Deutsche Telekom (NYSE: DT) , René Obermann, called for the European mobile phone networks to be consolidated, reported the Independent.
- Citigroup Incorporated (NYSE: C) is believed to be negotiating the purchase of a European pension plan worth about GBP200M, reported the U.K. Times.
- U.S. Treasury Secretary Henry Paulson said the economy and markets are "resilient," and can absorb any losses from the recent market instability, and has not raised the possibility of policy changes to deal with the markets' problems, reported the New York Times.
Tags: barron's, barrons, c, citigroup, deutsche telekom, DeutscheTelekom, dt, economy, eli lilly, EliLilly, fed, independent, interest rates, InterestRates, lly, london times, LondonTimes, merck, mrk, new york times, newspaper, NewYorkTimes, ny times, NyTimes, paper, periodical, s, schering plough, ScheringPlough, sgp, sprint, uk times, UkTimes, wal-mart, wall street journal, WallStreetJournal, weekday trader, WeekdayTrader, wimax, wmt, wsj
Will Rich Ross really have a positive impact on Disney's movie operations?
Consumers sick of recession, may spend extra on holidays
Corrections, seasonality and Santa Claus
