24/7 Wall St. Pre-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 6/24/2010 Reuters, WSJ, New York Times, Financial Times and Bloomberg:
Reuters: Venezuela will nationalize some oil rigs owned by a US company.
http://www.reuters.com/article/idUSTRE65N0UM20100624
Reuters: GM is preparing its IPO and is in talks with financial firms to provide loans to car buyers. http://www.reuters.com/article/idUSTRE65M5L220100624
The Wall Street Journal: Google, Inc (NASDAQ: GOOG) won a landmark copyright case against Viacom (NYSE: VIA) over YouTube content.
http://blogs.wsj.com/law/2010/06/23/google-scores-early-victory-in-copyright-fight-with-viacom/
FT: Facebook has begun to target China and Russia.
http://www.ft.com/cms/s/2/35b709ae-7ec4-11df-ac9b-00144feabdc0.html
The New York Times: Private equity firms now have $500 billion.
http://www.nytimes.com/2010/06/24/business/24private.html
Bloomberg: Lions Gate Said to Hold Merger Talks With Metro-Goldwyn Studio
http://www.bloomberg.com/news/2010-06-24/lions-gate-said-to-hold-merger-talks-with-struggling-metro-goldwyn-studio.html
The Twitter-24/7 Wall St. Stock Market Report 6.24.2010:
Among the most tweeted stocks on market aggregator Top Stock Tweets are Apple Inc. (NASDAQ: AAPL), EURUSD, GBPUSD, EURCHF, USDJPY, EURGBP, Google Inc (NASDAQ: GOOG), BP plc (NYSE: BP), and Research In Motion Limited (NASDAQ: RIMM)
Finally, here are today's market rumors:
GM may launch its IPO next month and set auto finance deals with several financial firms. (WSJ)
Providence Equity Partners is in talks to buy Hasbro (NYSE: HAS).(WSJ)
Walmart (NYSE: WMT) may open its first store in NYC (NYPost)
