Investing
Media Digest (12/19/2012) Reuters, WSJ, NY Times, FT, Bloomberg
Published:
UBS A.G. (NYSE: UBS) admits fraud in the Libor case and will pay $1.5 billion. (Reuters)
Ford Motor Co. (NYSE: F) says a large number of recalls have not hurt sales. (Reuters)
An International Trade Commission judge rules with Apple Inc. (NASDAQ: AAPL) and against Google Inc. (NASDAQ: GOOG) in a patent battle. (Reuters)
The Federal Trade Commission will delay its antitrust case against Google. (Reuters)
Facebook Inc. (NASDAQ: FB) and Twitter fight over photo-sharing dominance on the Web. (WSJ)
Getco may take over Knight Capital Group Inc.’s (NYSE: KCG) business of processing trades for small investors. (WSJ)
Insider trading wins over two SAIC Inc. (NYSE: SAI) traders will pressure founder Steve Cohen. (WSJ)
Japan’s wide trade deficit, particularly with China, may cause new government stimulus. (WSJ)
E-commerce sites try to cut shipping dates so they are closer to Christmas. (WSJ)
Toyota Motor Corp. (NYSE: TM) is hit with a $17.35 million fine for covering up safety problems. (WSJ)
More e-commerce operations open physical stores. (NYT)
Software sales and successes in cloud computing help Oracle Corp.’s (NASDAQ: ORCL) earnings. (FT)
PIMCO says a recession would boost bond yields. (Bloomberg)
Douglas A. McIntyre
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