Investing

Media Digest (4/19/2013) Reuters, WSJ, NYT, FT, Bloomberg

Blackstone Group L.P. (NYSE: BX) will halt its bid for Dell Inc. (NASDAQ: DELL). (Reuters)

Microsoft Corp. (NASDAQ: MSFT) announces CFO departure as it posts strong earnings. (Reuters)

Google Inc. (NASDAQ: GOOG) has better-than-expected earnings, but results from its Motorola division are poor. (Reuters)

Lenovo may buy International Business Machine Corp.’s (NYSE: IBM) server business. (Reuters)

The FAA likely will clear the Boeing Co. (NYSE: BA) 787 Dreamliner to resume commercial flights. (WSJ)

The use of natural gas to create electricity reduces the output of carbon dioxide emissions. (WSJ)

Nokia Corp.’s (NYSE: NOK) earnings show that its turnaround has faltered. (WSJ)

Average home prices continue to rise in China, and concern increases about the market overheating. (WSJ)

J.C. Penney Co. Inc. (NYSE: JCP) may work with Wells Fargo & Co. (NYSE: WFC) to increase the retailer’s access to cash. (WSJ)

Sprint Nextel Corp. (NYSE: S) sets a special committee of its board to evaluate a buyout offer by Dish Network Corp. (NASDAQ: DISH). (WSJ)

Toyota Motor Corp. (NYSE: TM) will build a Lexus plant in Kentucky. (NYT)

IBM’s CEO says the company is at work to renew growth. (FT)

A new Twitter app allows users to track music. (FT)

Volkswagen’s big recall in China is a warning to car companies that have tried to grow very rapidly there. (Bloomberg)

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.