European Commission opens probe of Thomson Reuters, alleging the company makes it difficult for clients to use other data feeds.

Coverage of the recession has been top-down emphasizing Washington politicians and Wall Street bankers rather than people on Main Street a study by the Pew Research Center’s Project for Excellence in Journalism concludes. The finding underscores the inherent strength and weaknesses of the mass media -- and the myopia of the researchers. “Three storylines have dominated: efforts to revive the banking sector the battle over the stimulus package and the struggles of the US auto industry ” the study concludes. “Together they accounted for nearly 40% of the economic coverage…All the reporting of retail sales food prices and the ...

The Washington Post’s (WPO) news sharing agreement with Bloomberg News will give the newspaper about 300 000 new readers and further solidify Bloomberg’s position as the nation’s top financial wire service. The newspaper and the wire service announced a partnership Thursday. Post stories will be available in real time on Bloomberg’s terminals a fixture on Wall Street analysts’ and traders’ desks. The addition of Bloomberg financial news will strengthen the Post’s financial coverage especially on washingtonpost.com. The deal follows the announcement earlier this week that The Washington Post ended its 47-year partnership with the Los Angeles Times to syndicate ...

FactSet is a solid financial services company but has an unappealing stock price given its recent run.

Among the stocks that are expected to move significantly in trading on Monday are Allianz, Irwin Financial, Lennar, Macerich, Nektar, PepsiCo, Potash Corp., Perot, Rio Tinto and SanDisk.

Kevin Ashby, Industry Veteran, Will Be Based in London