Media Digest (10/31/2012) Reuters, WSJ, FT, Bloomberg

Investing

Published: October 31, 2012 6:17 am

Walt Disney Co. (NYSE: DIS) buys Lucasfilm for $4.05 billion. (Reuters)

Many members of the Greek parliament will vote in favor of austerity measures. (Reuters)

Chrysler will not move Jeep manufacturing to China. (Reuters)

Banks may not cut fixed-income operations as UBS A.G. (NYSE: UBS) did, but rising costs make industry layoffs likely. (Reuters)

The World Economic Forum names Hong Kong the top financial center in the world. (Reuters)

Panasonic loses $8.77 billion on weak sales of consumer electronics. (WSJ)

Ford Motor Co.’s (NYSE: F) profits rise because of U.S. sales. (WSJ)

Case-Shiller data show an increase in home prices in most large markets. (WSJ)

India’s central bank leaves its key interest rates unchanged. (WSJ)

Caesars Entertainment Corp. (NASDAQ: CZR) will leave Macau and rely on it U.S. operations. (WSJ)

Fiat will focus on small cars to try to reverse flagging fortunes in Europe. (WSJ)

Data from a key industry group show newspaper circulation falling again in the most recent measured period. (WSJ)

The chance that the European Central Bank will buy sovereign debt helps push Italy’s borrowing costs to a one-year low. (WSJ)

Chinese companies find that fewer and fewer customers pay their bills. (FT)

The European Union draft budget divides nations in the region. (FT)

Several economist believe that Hurricane Sandy may hurt U.S. GDP growth. (Bloomberg)

Douglas A. McIntyre

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