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Media Digest (4/29/2013) Reuters, WSJ, NYT, FT, Bloomberg

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The form of taxation that is applied to a Verizon Communications Inc. (NYSE: VZ) buyout of the 45% of Verizon Wireless that Vodafone Group PLC (NASDAQ: VOD) owns may decide the deal. (Reuters)

The global economy continues to rely on central bank aide to prop up gross domestic product. (Reuters)

China’s move to 4G will give some equipment suppliers huge contracts. (Reuters)

Tough European sales may start to badly damage U.S. corporate earnings. (WSJ)

The government blocks cash payouts to some General Motors Co. (NYSE: GM) executives. (WSJ)

The number of people in the U.S. looking for jobs fell to its lowest level since 1979 because of retiring baby boomers. (WSJ)

Fred Hassan leaves as the chairman of Avon Product Inc.’s (NYSE: AVP) board. (WSJ)

A move to dividend-paying stocks may be causing their prices to move too high. (WSJ)

More Republican members of Congress will support a tax on online sales. (NYT)

Cable firm AXS TV will start to run programming from AOL Inc.’s (NYSE: AOL) HuffPo Live. (NYT)

Passengers may well shy away from flying the Boeing Co. (NYSE: BA) 787, which recently fixed battery problems. (NYT)

Chat applications will continue to hurt revenue from texts, which have helped telecom earnings. (FT)

More Europeans may modify their positions on the value of austerity. (Bloomberg)

Nokia Corp. (NYSE: NOK) ups its commitment to $20 phones as it loses market share to smartphones from Apple Inc. (NASDAQ: AAPL) and Samsung. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, AOL, AVP, BA, GM, NOK, VOD, VZ

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Media Digest (4/18/2103) Reuters, WSJ, NYT, FT, Bloomberg

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The FAA moves closer to a decision to clear the Boeing Co. (NYSE: BA) 787 Dreamliner for commercial service. (Reuters)

Worries about Apple Inc.’s (NASDAQ: AAPL) profits press its stock value under $400. (Reuters)

LinkedIn Corp. (NYSE: LNKD) will test mobile ads in it smartphone app. (Reuters)

Twitter begins to examine tweets to better target ads. (Reuters)

China will allow the yuan to trade in a wider range. (WSJ)

Bundesbank President Jens Weidmann tells the Wall Street Journal that Europe‘s financial repair could take a decade. (WSJ)

The International Energy Agency says the progress of green energy has slowed. (WSJ)

Carnival Corp. (NYSE: CCL) will spend as much as $700 million to upgrade hospital and safety systems on its ships. (WSJ)

The growth of the PayPal operation of eBay Inc. (NASDAQ: EBAY) slows, according to its earnings report. (WSJ)

Microsoft Corp. (NASDAQ: MSFT) earnings likely will show the company’s products have not triggered global PC growth. (WSJ)

Large bank profits may push regulators to put more regulations on the banking system. (NYT)

The United States has become Japan‘s top export market, taking the position from China. (FT)

The International Monetary Fund says monetary easing could cause credit bubbles. (FT)

Gold miners lose $169 billion as the price of the metal falls. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, BA, CCL, EBAY, LNKD, MSFT

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From: http://www.dailyfinance.com/2013/04/18/media-digest-4182103-reuters-wsj-nyt-ft-bloomberg/

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Media Digest (4/17/2013) Reuters, WSJ, FT, Bloomberg

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The role of central banks in stimulus will be considered at International Monetary Fund (IMF) and G-20 gatherings. (Reuters)

Display ad revenue at Yahoo! (NASDAQ: YHOO) drops sharply. (Reuters)

News Corp. (NASDAQ: NWSA) will call its entertainment company 21st Century Fox. (Reuters)

Carl Icahn agrees to limit his stake in Dell Inc. (NASDAQ: DELL) but can join other bidders to make an offer for the company. (Reuters)

Procter & Gamble Co. (NYSE: PG) will lengthen the number of days after which it pays suppliers, which will allow it access to $2 billion in cash. (WSJ)

A new IMF report attacks the results of austerity taken on by financially troubled nations. (WSJ)

A reservations system glitch limits American Airlines bookings and causes a number of flights to be halted. (WSJ)

Boeing Co. (NYSE: BA) completes tests of batteries on its Dreamliner 787, but the FAA has not approved them. (WSJ)

Intel Corp.’s (NASDAQ: INTC) profits drop by 25% as PC sales tumble. (WSJ)

Investment manager John Paulson loses $1.5 billion in his bet on gold prices. (FT)

The drop in gold prices hits central bank asset values by $560 billion. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: BA, DELL, INTC, NWSA, PG, YHOO

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From: http://www.dailyfinance.com/2013/04/17/media-digest-4172013-reuters-wsj-ft-bloomberg/

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Media Digest (4/15/2013) Reuters, WSJ, NYT, FT, Bloomberg

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Wells Fargo & Co. (NYSE: WFC) cuts the number of outside investment managers that its brokers can offer to clients. (Reuters)

Thermo Fisher Scientific Inc. (NYSE: TMO) is likely to pay $13 billion to buy Life Technologies Corp. (NASDAQ: LIFE). (Reuters)

Foxconn adds workers in preparation for production of the new Apple Inc. (NASDAQ: AAPL) iPhone. (WSJ)

The FAA orders inspections of about 1,000 Boeing Co. (NYSE: BA) 737s. (WSJ)

Microsoft Corp. (NASDAQ: MSFT) probably produces a new touch smartphone type watch. (WSJ)

Verizon Wireless pushes out the number of months subscribers need to wait for phone upgrades from 20 months to 24. (WSJ)

McDonald’s Corp. (NYSE: MCD) presses value of its products to customers to help same-store sales. (WSJ)

Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) will produce new transmissions together. (WSJ)

Google Inc. (NASDAQ: GOOG) agrees to search restrictions to settle antitrust claims by the European Commission. (NYT)

The ability of big companies to save money on manufacturing overseas helps offset a weak U.S. economy. (NYT)

A study by Brookings and the Financial Times shows the global economy is not improving. (FT)

India’s inflation drops to a 40-month low at 5.96% in March. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, BA, F, GM, GOOG, LIFE, MCD, MSFT, TMO, WFC

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From: http://www.dailyfinance.com/2013/04/15/media-digest-4152013-reuters-wsj-nyt-ft-bloomberg/

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Media Digest (3/19/2013) Reuters, WSJ, NYT, FT, Bloomberg

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BlackRock Inc. (NYSE: BLK) will lay off 300 people. (Reuters)

Electronics Arts Inc. (NASDAQ: EA) chief executive departs as the firm missed earnings. (Reuters)

Intel Corp. (NASDAQ: INTC) ramps up hiring for its new TV entertainment unit. (Reuters)

Airbus gets an order from Indonesian airline Lion Air worth $24 billion. (Reuters)

The Employee Benefit Research Institute reports that 57% of Americans have less than $25,000 in savings when the value of their homes are backed out. (WSJ)

Corelogic reports that “underwater” homes dropped by 1.7 million in the fourth quarter, compared to the same quarter a year ago. (WSJ)

Lululemon Athletica Inc. (NASDAQ: LULU) takes some pants out of stores because they are too sheer. (WSJ)

Citigroup Inc. (NYSE: C) pays $730 million to settle claims over paper its sold that mislead investors over a two-year period. (WSJ)

Liberty Media Corp. (NASDAQ: LMCA) may by 25% of Charter Communications Inc. (NASDAQ: CHTR). (WSJ)

HTC delays release of one of its major new phone products. (WSJ)

IDC says global PC shipments will slow again this year. (WSJ)

Facebook Inc. (NASDAQ: FB) blocks developers who do not make software that enhances the social network’s goals. (WSJ)

Chesapeake Energy Corp. (NYSE: CHK) sells debt to buy paper with higher coupons. (WSJ)

The Washington Post division of Washington Post Co. (NYSE: WPO) will charge for online content. (WSJ)

Investment firms and farmers begin to compete for land as crop prices rise. (NYT)

ABC may launch an app for people to watch TV on portable devices. (NYT)

The size of cash hoards held by U.S. companies reach record levels, according to Moody’s Investor Service. (FT)

Samsung says it will release its own smart watch to compete with Apple Inc.’s (NASDAQ: AAPL). (Bloomberg)

European February car sales fall 10%, according to the European Automobile Manufacturers’ Association. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, BLK, C, CHK, CHTR, EA, FB, INTC, LMCA, LULU, WPO

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Business, Finance, Occupation & Industry

Media Digest (3/18/2013) Reuters, WSJ, NYT, FT, Bloomberg

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J.P. Morgan Chase & Co. (NYSE: JPM) and many other banks change risk models to cover Basel III requirements. (Reuters)

Boeing Co. (NYSE: BA) will measure its batteries by a high standard that it created long ago but never used. (Reuters)

Volkswagen’s China operation is forced to make a major recall. (WSJ)

China’s new premier, Li Keqiang, says his nation has made no cyberattacks on the United States. (WSJ)

Verizon Communications Inc. (NYSE: VZ) hopes to tie fees for programming to how many people watch shows. (WSJ)

Trading trouble investigations of J.P. Morgan put pressure back on chief Jamie Dimon. (NYT)

HSBC Holdings PLC (NYSE: HBC) plans to cut a thousand of more jobs as it restructures. (FT)

Apple Inc. (NASDAQ: AAPL) may raise its dividend more than 50% to make its total payout $16 billion. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, BA, HBC, JPM, VZ

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Media Digest (3/14/2013) Reuters, WSJ, NYT, FT, Bloomberg

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The head of marketing at Apple Inc. (NASDAQ: AAPL) criticizes Google Inc.’s (NASDAQ: GOOG) Android software and its largest adopter, Samsung. (Reuters)

Citadel will sell the shares it still has in E*Trade (NASDAQ: ETFC). (WSJ)

Competition hurts China Mobile Ltd.’s (NYSE: CHL) earnings. (WSJ)

Amazon.com Inc. (NASDAQ: AMZN) cuts the price of its Kindle Fire HD tablet. (WSJ)

As U.S. retail sales rose last month, consumers saved less. (WSJ)

The head of the Google Android business will move to another job and the head of Chrome operations will take over. (WSJ)

Renault will produce more cars in France, and in exchange, unions will accept pay freezes. (WSJ)

Capital One Financial Corp. (NYSE: COF), Citigroup Inc. (NYSE: C) and Wells Fargo & Co. (NYSE: WFC) agree to new employee clawback provisions after pressure from New York State. (WSJ)

Early tests of the batteries on the Boeing Co. (NYSE: BA) 787 Dreamliner are not set to predict future problems. (NYT)

A Solar Energy Industries Association study shows rapid growth of solar adoption in the United States. (NYT)

President Obama says he will increase pressure about cyberattacks that originate in China. (FT)

Germany says it will reject stimulus in favor of budget cuts. (FT)

Finance ministers at a European Union summit likely will ask to lessen budget demands on many weak nations. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, AMZN, BA, C, CHL, COF, ETFC, GOOG, WFC

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Media Digest (3/13/2013) Reuters, WSJ, NY Times, Bloomberg

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Boeing Co. (NYSE: BA) gets permission from the FAA to test fly its troubled 787. (Reuters)

Job openings rose in January, according to the Labor Department. (Reuters)

President Obama will meet with CEOs on the subject of cyber security. (Reuters)

IDC expects sales of Google Inc. (NASDAQ: GOOG) Android-powered tablets to pass the Apple Inc. (NASDAQ: AAPL) iPad this year. (Reuters)

Dean Metropoulos and Apollo Global Management LLC (NYSE: APO) will buy some of the Hostess brands. (Reuters)

The FTC wants standards for traditional ads to apply to those on Twitter and Facebook Inc. (NASDAQ: FB) sites so that certain disclosures about the marketers are clear. (WSJ)

Samsung spent more than Apple to market smartphones in 2012. (WSJ)

Audi’s sales pace may allow it to challenge BMW and Mercedes for market share. (WSJ)

Regulators approve a deal for T-Mobile to combine with MetroPCS Communications Inc. (NYSE: PCS). (WSJ)

Sudan agrees to begin new shipments of crude oil, which had been suspended recently. (WSJ)

China steel output rose 9.8% last month, largely due to domestic construction. (WSJ)

Discover Financial Services (NYSE: DFS) enters the mortgage business. (WSJ)

Google presses into the cloud computing market now dominated by Amazon.com Inc. (NASDAQ: AMZN) and Microsoft Corp. (NASDAQ: MSFT). (NYT)

West Texas Intermediate crude nears a two-week high as U.S. supplies drop. (Bloomberg)

The new Samsung Galaxy IV will target sales of Apple’s iPhone. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, AMZN, APO, BA, DFS, FB, GOOG, MSFT, PCS

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Media Digest (3/12/2013) Reuters, WSJ, NY Times, FT, Bloomberg

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Yahoo! Inc. (NASDAQ: YHOO) workers worry that overly high standards for job candidates set by CEO Marissa Mayer have hurt rebuilding the workforce. (Reuters)

The MGM board may set an initial public offering. (Reuters)

The Securities and Exchange Commission claims the State of Illinois misled investors about its underfunded pensions. (WSJ)

General Motors Co. (NYSE: GM) will change the ad agency for Cadillac. (WSJ)

LinkedIn Corp. (NYSE: LNKD) will buy newspaper app Pulse. (WSJ)

Carl Icahn signs a confidentiality arrangement with Dell Inc. (NASDAQ: DELL) and might push to replace its board. (WSJ)

The White House admonishes China about widespread hacking of U.S. companies. (WSJ)

The Cleveland Clinic sets a partnership with Community Health Systems Inc. (NYSE: CYH) to extend its brand beyond its medical center. (WSJ)

Slow progress on the Keystone XL pipeline prompts U.S. refineries to use trucks to move oil from Canada. (WSJ)

General Electric Co. (NYSE: GE) says CEO Jeff Immelt made $25.8 million last year. (WSJ)

Growth continues to help Costco Wholesale Corp.’s (NASDAQ: COST) gross margins. (WSJ)

The pace of company failures in Italy rises. (NYT)

Regulators in the United Kingdom investigate possible irregularities in the Hewlett-Packard Co. (NYSE: HPQ) takeover of Autonomy. (NYT)

Mexico may establish monopoly laws that would damage the telecom operations of Carlos Slim. (FT)

GE says it plans to double sales in Africa. (FT)

The sale of gold by George Soros shows its long-term bull run may be at an end. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: COST, CYH, DELL, GE, GM, HPQ, LNKD, YHOO

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Media Digest (3/6/2013) Reuters, WSJ, NYT, FT, Bloomberg

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Apple Inc. (NASDAQ: AAPL) and Beats Electronics discuss a content partnership. (Reuters)

The European Union will fine Microsoft Corp. (NASDAQ: MSFT) for violating agreements about use of its browser. (Reuters)

Google Inc. (NASDAQ: GOOG) begins to test a same-day delivery system for retailers’ products that have been bought online. (Reuters)

Five stocks that have accounted for much of the increase in the Dow Jones Industrial Average since it hit bottom in 2009 are International Business Machines Corp. (NYSE: IBM), Caterpillar Inc. (NYSE: CAT), 3M Co. (NYSE: MMM), Chevron Corp. (NYSE: CVX) and United Technologies Corp. (NYSE: UTX). (WSJ)

The BNSF Railway unit of Berkshire Hathaway Inc. (NYSE: BRK-A) will test the use of natural gas to run trains that now use diesel. (WSJ)

J.C. Penney Co. Inc. (NYSE: JPC) board members may replace its chief executive or sell the company if results do not improve this year. (WSJ)

Short sales greatly help the housing market by replacing foreclosures as a way to sell homes. (WSJ)

The Federal Reserve will not allow banks to use stress test rules that they have pushed for over the current ones. (WSJ)

China’s Tencent, a competitor of Twitter, will move into the United States. (WSJ)

China attacks Google for the dominance of its Android system in the smartphone market in the People’s Republic. (WSJ)

Microsoft discounts Windows 8 and Office in an attempt to increase sales. (WSJ)

State college education tuition surges as access to public money drops due to hard financial times for state governments. (WSJ)

Companies with employees who work from home at least one day a week have had increases in productivity and lower costs. (WSJ)

News Corp. (NASDAQ: NWSA) will launch a sports network on Fox. (WSJ)

Proxy advisory firm ISS urges investors not to vote for Hewlett-Packard Co. (NYSE: HPQ) Chairman Ray Lane and several other board members. (WSJ)

Fiat presses plans to buy all of Chrysler. (WSJ)

Some investors will fight the merger of MetroPCS Communications Inc. (NYSE: PCS) and T-Mobile. (WSJ)

The Institute for Supply Management reports that business expansion in the United States has been strong. (NYT)

Samsung makes a $100 million investment in Sharp. (FT)

Toyota Motor Corp. (NYSE: TM) discounts prices of its popular Camry because sales have fallen. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, BRK-A, CAT, CVX, GOOG, HPQ, IBM, JCP, MMM, MSFT, NWSA, PCS, TM, UTX

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Media Digest (3/5/2013) Reuters, WSJ, NYT, FT, Bloomberg

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China will lean on consumer spending to expand its economy. (Reuters)

Facebook Inc. (NASDAQ: FB) faces more lawsuits over its initial public offering. (Reuters)

The White House says it believes people should be able to unlock their cell phone for use on more than one network. (Reuters)

Pew reports that debt among young people has dropped to a multiyear low. (WSJ)

The Chinese government drops annual GDP growth goals to 7.5%. (WSJ)

Citigroup Inc.’s (NYSE: C) new CEO, Michael Corbat, is more likely to track the performance of individual senior executives. (WSJ)

Fannie Mae and Freddie Mac will combine some operations. (WSJ)

A senior General Motors Co. (NYSE: GM) executive says the company will keep its Opel operations in Europe. (WSJ)

The CEO of H.J. Heinz Co. (NYSE: HNZ) could make $200 million if he leaves the company after a buyout. (WSJ)

Theft of oil from Nigerian pipelines starts to sharply cut production. (WSJ)

Royal Dutch Shell PLC (NYSE: RDS-A) will build LNG plants in Louisiana and Canada. (WSJ)

The chief of Boeing Co. (NYSE: BA) says the return to service of the 787 will depend on how fast the FAA approves a potential fix. (WSJ)

Bond yields on Spanish and Italian debt narrow because of stability in Spain and instability in Italy. (WSJ)

Facebook creates an ad system that could take business from Google Inc. (NASDAQ: GOOG). (WSJ)

Congress accuses key J.P. Morgan Chase & Co. (NYSE: JPM) executives of roles in the bank’s $6 billion loss. (NYT)

Hess Corp. (NYSE: HES) will sell its gas stations as investors pressure it to restructure the company. (NYT)

Apple Inc.’s (NASDAQ: AAPL) shares reach a 52-week low as Google’s reach an all-time high. (FT)

Boeing defends its decision to keep the battery used in its 787 Dreamliner. (FT)

European Union finance ministers may ease budget restraints to cure the fallout from austerity. (Bloomberg)

Pearson PLC (NYSE: PSO) executives tell the Financial Times that a number of positions will be cut. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, BA, C, FB, GM, GOOG, HES, HNZ, JPM, PSO, RDS-A

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Media Digest (3/4/2013) Reuters, WSJ, NYT, FT, Bloomberg

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President Obama suggests cuts in Social Security and Medicare to end a battle over budget cuts. (Reuters)

Bristol-Myers Squibb Co. (NYSE: BMY) may try a large acquisition to improve its fortunes. (WSJ)

Spending among wealthy households rises with stock market gains and higher wages, as lower income households struggle with high gasoline prices and higher taxes. (WSJ)

Worse-than-expected budget data causes Portugal to ask for better bailout terms. (WSJ)

Global app revenue will rise 62% to $25 billion this year. (WSJ)

A modest drop in oil prices may help Exxon Mobil Corp.’s (NYSE: XOM) M&A efforts. (WSJ)

Google Inc. (NASDAQ: GOOG) may move into desktops with Android and disrupt the profits of Intel Corp. (NASDAQ: INTC) and Microsoft Corp. (NASDAQ: MSFT). (WSJ)

Budget cuts may hurt jobs but are unlikely to harm corporate profits or the stock market. (NYT)

The reasons for many cyber attacks are not known. (NYT)

Transocean Ltd. (NYSE: RIG) may reinstate its dividend. (FT)

The sales of the Fiat 500 moved ahead of the Mini. (Bloomberg)

China luxury car sales could move ahead of those in the United States by 2016. (Bloomberg)

Apple Inc.’s (NASDAQ: AAPL) iWatch product could make more than its foray into TV. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, BMY, GOOG, INTC, MSFT, RIG, XOM

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