Media Digest (11/19/2012) Reuters, WSJ, NYT, FT, Bloomberg

Investing

Douglas A. McIntyre

Published: November 19, 2012 6:14 am

News Corp. (NASDAQ: NWSA) will buy a 49% interest in YES. (Reuters)

Citigroup Inc. (NYSE: C) will pay $360 million to end its dispute with Lehman Bros. (Reuters)

Cisco Systems Inc. (NASDAQ: CSCO) will buy cloud firm Meraki for $1.2 billion. (Reuters)

U.S. companies are quickly cutting investment ahead of the fiscal cliff. (WSJ)

Tech stocks, which have driven the rally, begin to sell off sharply. (WSJ)

High grain costs may hurt results of meat companies Tyson Foods Inc. (NYSE: TSN) and Hormel Foods Corp. (NYSE: HRL). (WSJ)

Americans may have started to cut spending ahead of the holiday period. (WSJ)

Wal-Mart Stores Inc. (NYSE: WMT) will try to slow strikers ahead of holiday walkouts. (WSJ)

E*Trade Financial Corp. (NASDAQ: ETFC) will close its Europe operations. (WSJ)

The number of tablets that compete with the Apple Inc. (NASDAQ: AAPL) iPad rises rapidly. (NYT)

Investors make decisions to protect interests ahead of possible year-end tax increases. (NYT)

EU nations will press to get more tax revenue from U.S. multinationals. (NYT)

The Financial Stability Board will try to get more regulation over the $67 trillion shadow banking industry. (FT)

The battle between the International Monetary Fund and European Union over terms of a Greek bailout continues. (Bloomberg)

With a sell-off in share price, BP PLC (NYSE: BP) may be a takeover target. (Bloomberg)

Douglas A. McIntyre

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