Media Digest (11/2/2012) Reuters, WSJ, NYT, FT, Bloomberg

Investing

Published: November 2, 2012 7:27 am

Apple Inc. (NASDAQ: AAPL) releases its iPad mini in Asia, but demand appears soft. (Reuters)

Microsoft Corp. (NASDAQ: MSFT) seeks developers for Windows 8. (Reuters)

The FTC may sue Google Inc. (NASDAQ: GOOG) for trying to get courts to stop sales of products that infringed on its patents. (Reuters)

Chesapeake Energy Corp. (NYSE: CHK) will use $2 billion in loans to lower borrowing costs. (Reuters)

Microsoft tests a design for its own smartphone. (WSJ)

The Hang Seng index reaches a 15-month high. (WSJ)

Sharp says its future as an intact company is threatened by a $3.12 billion loss. (WSJ)

The use of coupons helps increase earnings at Starbucks Corp. (NASDAQ: SBUX). (WSJ)

U.S. car sales rise 7% in October. (WSJ)

Microsoft’s big game, Halo 4, will be released next week. (WSJ)

EBay’s (NASDAQ: EBAY) Paypal will begin to match prices on some products bought through its service. (WSJ)

Ford Motor Co. (NYSE: F) names Mark Fields as its chief operating officer. (WSJ)

Martha Stewart Living Omnimedia Inc. (NYSE: MSO) will close two magazines and cut 12% of its 600-person staff. (WSJ)

The Financial Stability Board discloses what it expects several large banks to hold as capital. (WSJ)

The economic cost of Hurricane Sandy pushes above $50 billion. (NYT)

The government does little to help the long-term unemployed. (NYT)

EBay begins to push into China. (FT)

Sharp is downgraded six levels to junk. (Bloomberg)

Netflix Inc. (NASDAQ: NFLX) sells at 100x earnings, which will make a takeover difficult. (Bloomberg)

Douglas A. McIntyre

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