Media Digest (10/26/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Investing

Douglas A. McIntyre

Published: October 26, 2011 6:20 am

A deal to rescue the EU’s weak nations has stalled over political differences and objections by banks. (Reuters)

IBM (NYSE: IBM) appoints Virginia Rometty as its new CEO. (Reuters)

Amazon.com (NASDAQ: AMZN) earnings fail to meet forecasts and the stock falls. (Reuters)

The chairman and CEO of Olympus leaves after charge of improper payments for M&A deals. (Reuters)

Iron ore prices drop sharply as China demand falters. (Reuters)

Washington regulators may cut requirements for data from hedge funds. (Reuters)

Nintendo expected to post a $1.3 billion loss. (Reuters)

SAP (NYSE: SAP) may buy back shares as its cash grows. (Reuters)

Groupon to sell shares at a valuation of five times 2012 sales. (Reuters)

Yahoo! (NASDAQ: YHOO) increases its effort to find a new CEO. (WSJ)

The Agriculture Department expects food prices to rise 3.5% to 4.5% this year. (WSJ)

Retailers will suffer as more customers buy tablets direct from Amazon and Apple (NASDAQ: AAPL). (WSJ)

Large industrial firms like 3M (NYSE: MMM) cut inventory as their concerns about the economy grow. (WSJ)

BP (NYSE: BP) says its turnaround is well underway. (WSJ)

First Solar (NASDAQ: FSLR) CEO steps down, shares fall. (WSJ)

The Federal Reserve turns down Met Life’s (NYSE: MET) request to increase its dividend. (WSJ)

Ford (NYSE: F) results should show that its restructuring is over and it is close to issuing a dividend. (WSJ)

Twitter and the TV business will help one another expand. (NYT)

EU leaders continue to press banks to take huge write-offs on Greek debt holdings. (NYT)

A euro summit may offer no deal to support Greece’s debt load. (FT)

Shale gas increases mergers among U.S. energy firms. (FT)

EU banks that cut assets say their ability to lend has been compromised. (Bloomberg)

Douglas A. McIntyre

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