Investing

Media Digest (4/22/2013) Reuters, WSJ, NYT, FT, Bloomberg

The Nikkei is close to a five-year high. (Reuters)

Boeing Co. (NYSE: BA) begins to fix Dreamliners, now that the FAA has approved its battery repair. (Reuters)

LG Display Co. Ltd.’s (NYSE: LPL) first quarter numbers are hurt by slowdowns in Apple Inc. (NASDAQ: AAPL) sales. (Reuters)

Canalys reports that app store revenue reached $2.3 billion in the first quarter, with Apple sales far outdistancing those of Google Inc. (NASDAQ: GOOG). (Reuters)

ABB Ltd. (NYSE: ABB) will buy Power-One Inc. (NASDAQ: PWER) for $1 billion. (Reuters)

A large investors try to stop the Sprint Nextel Corp. (NYSE: S) buyout of Clearwire Corp. (NASDAQ: CLWR). (WSJ)

The habits of Chinese car buyers shift to more expensive mid-sized vehicles. (NYT)

The inclusions of intangible assets like royalties will lift U.S. GDP growth rates. (FT)

Dish Network Corp. (NASDAQ: DISH) says its possible deal with Sprint Nextel will allow it to better target ads to consumers. (FT)

EBay Inc. (NASDAQ: EBAY) rallies its sellers to resist payment of local taxes. (FT)

Apple’s profit is expected to have dropped for the first time since 2003. (Bloomberg)

 

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