Investing
Media Digest (8/16/2012) Reuters, WSJ, NYT, FT, Bloomberg
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Standard Chartered continues to seek an agreement with the U.S. government to settle money laundering charges. (Reuters)
The new Samsung tablet has a unique split screen technology. (Reuters)
A judge presses for Apple Inc. (NASDAQ: AAPL) and Samsung to settle a patent case before a final verdict. (Reuters)
Sharp begins efforts to sell its solar division. (Reuters)
Cisco Systems Inc.’s (NASDAQ: CSCO) profits rise 56% and its increases its dividend. (WSJ)
JP Morgan Chase & Co. (NYSE: JPM) was at the heart of efforts to salvage Knight Capital Group Inc. (NYSE: KCG) (WSJ)
Profits at PC firm Lenovo rise 30%. (WSJ)
Bribery charges have come under more scrutiny at Walmart de Mexico. (WSJ)
Dish Network Corp. (NASDAQ: DISH) will introduce satellite broadband. (WSJ)
Short sellers have built positions ahead of the end of share lockup at Facebook Inc. (NASDAQ: FB). (WSJ)
Farmland prices in the plains states are up, but will be undercut by the drought. (WSJ)
Neiman Marcus begins the IPO process. (WSJ)
A new offer to unions by Caterpillar Inc. (NYSE: CAT) causes arguments among labor factions. (WSJ)
Nasdaq OMX Group Inc. (NASDAQ: NDAQ) listings pick up again after the Facebook fiasco. (WSJ)
Demand for junk bonds rises even as analysts warn on risks. (NYT)
It is unlikely that any criminal charges will be filed in the collapse of MF Global. (NYT)
New research shows that municipal bonds as less safe that traditionally believed. (NYT)
A new study from Georgetown shows that jobs losses among the undereducated have worsened. (NYT)
The New York probe of Libor rate fixing spreads to several banks, including Deutsche Bank AG (NYSE: DB), Citigroup Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM), Royal Bank of Scotland Group PLC (NYSE: RBS), Barclays PLC (NYSE: BCS), HSBC Holdings PLC (NYSE: HBC) and UBS AG (NYSE: UBS). (FT)
Brazil introduces a $66 billion stimulus package. (FT)
Facebook speeds the process to close a deal to buy Instagram. (FT)
Spain sets conditions on its banks to increase the rate at which an EU bailout is put in place. (Bloomberg)
Douglas A. McIntyre
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