24/7 Wall St. Morning Market Roundup
Every morning, 24/7 Wall St. editors cover the news, identifying important events and market-moving stories.
The following are the highlights for our Media Digest 08/09/2010 Reuters, WSJ, New York Times, Financial Times and Bloomberg:
- Reuters: Former Hewlett-Packard (NYSE: HPQ) CEO Mark Hurd settled a sexual harassment case from reality TV star Jodie Fisher.
- Reuters: HP will signal its direction based on the background of its new chief.
- Reuters: BP plc (NYSE: BP) said its oil spill clean-up costs hit $6.1 billion.
- Reuters: Research In Motion (NASDAQ: RIMM) said it would try to address Saudi security issues.
- Reuters: Wheat prices moved down again.
- Reuters: The head of Apple Inc (NASDAQ: AAPL) iPhone engineering left after problems with the handset.
- Reuters: Apple may buy a Chinese company–Handseeing.
- Bloomberg: Indonesia and Turkey stock markets are doing better than most other emerging nations.
- Bloomberg: German exports grew.
- Bloomberg: Toyota Motor (NYSE: TM) said small car exports are hurt by the yen.
- Anadarko Petroleum Corporation (NYSE: APC) Cut to Market Perform at FBR.
- Biovail Inc. (NYSE: BVF) Cut to Hold at TD.
- JinkoSolar Holding Co., Ltd. (NYSE: JKS) Reiterated Buy at Auriga.
- Medtronic Inc. (NYSE: MDT) Cut to Neutral at JPMorgan.
- Olympic Steel Inc. (NASDAQ: ZEUS) Cut to Hold at KeyBanc.
- Procter & Gamble (NYSE: PG) Raised to Buy at Argus.
- Skilled Healthcare Group, Inc. (NYSE: SKH) Raised to Buy at Jefferies.
- Tesla Motors, Inc. (NASDAQ: TSLA) Started as Overweight at JPMorgan.
- THQ Inc. (NASDAQ: THQI) Cut to Neutral at Stern Agee.
- Veeco Instruments (NASDAQ: VECO) Cut to Hold at Canaccord.
- Whole Foods Market Inc. (NASDAQ: WFMI) Raised to Buy at Canaccord.
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