Media Digest (4/12/2013) Reuters, WSJ, NYT, FT, Bloomberg

Investing

Published: April 12, 2013 6:20 am

Martha Stewart Omnimedia Inc. (NYSE: MSO) is unable to get a court to dismiss charges by Macy’s Inc. (NYSE: M) that it has exclusive rights to some of her products. (Reuters)

The earnings of Wells Fargo & Co. (NYSE: WFC) and J.P. Morgan Chase & Co. (NYSE: JPM) will be an early indication of the health of big banks. (WSJ)

Nasdaq OMX Group Inc. (NASDAQ: NDAQ) cuts the pay of CEO Robert Greifeld because of the botched Facebook Inc. (NASDAQ: FB) initial public offering. (WSJ)

J.C. Penney Co. Inc. (NYSE: JCP) will try to raise $1 billion. (WSJ)

The advertising director of AOL Inc. (NYSE: AOL) likely will move to Yahoo! Inc. (NASDAQ: YHOO). (WSJ)

Pfizer Inc. (NYSE: PFE) and GlaxoSmithKline PLC (NYSE: GSK) cut payments to doctors who are consultants. (WSJ)

Eli Lilly & Co. (NYSE: LLY) lays off a large part of its sales staff. (WSJ)

Royal Dutch Shell PLC (NYSE: RDS-A) increases efforts to cut theft of crude in Nigeria. (WSJ)

Lenders to Cyprus expect the costs of its bailout to nearly double. (NYT)

Portugal may need to ask its lenders for a second bailout. (FT)

Boeing Co. (NYSE: BA) faces a challenge getting the 787 back in service because of slow FAA clearance. (Bloomberg)

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