Media Digest (5/10/12) Reuters, WSJ, NYT, FT, Bloomberg

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By Trey Thoelcke Published
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Sony (NYSE: SNE) says it will return to profit and will cut its TV unit losses in half. (Reuters)

Cisco Systems (NASDAQ: CSCO) warns about the economy as it releases earnings. (Reuters)

Regulators may make mortgage lenders charge a flat fee to help home buyers. (WSJ)

Pfizer (NYSE: PFE) will give less marketing support to Lipitor as it moves to a generic form. (WSJ)

The Post Office backs away from a plan to close 3,700 rural offices. (WSJ)

Fannie Mae posts its best results since its bailout and made $2.7 billion. (WSJ)

The European Union delays a bailout payment to Greece as political turmoil there rises. (WSJ)

Spain may get a break on budget deficits from EU partners, who will give it more leeway to recover. (WSJ)

Weak imports raise China’s April trade deficit. (WSJ)

Chrysler will try to improve its battered quality reputation. (WSJ)

Liberty Media (NASDAQ: LMCA) increases its share of Sirius XM Radio (NASDAQ: SIRI) as it tries to gain control. (WSJ)

New Facebook government documents show it is weak in mobile ads. (WSJ)

Corporate borrowing makes the debt crisis in Spain worse. (NYT)

Third Point insists that Yahoo! (NASDAQ: YHOO) name an interim CEO. (NYT)

News Corp. (NASDAQ: NWS) doubles its share buyback to $10 billion. (FT)

MetroPCS (NYSE: PCS) may tie up with T-Mobile. (FT)

Sony predicts a profit this year. (Bloomberg)

Douglas A. McIntyre

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About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.

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