Media Digest (4/26/2013) Reuters, WSJ, NY Times, FT

Investing

Published: April 26, 2013 6:37 am

First-quarter gross domestic product probably will run about 3%, but the momentum likely has fallen off since. (Reuters)

The Bank of Japan believes it can reach its inflation targets by 2015. (Reuters)

Amazon.com Inc.’s (NASDAQ: AMZN) growth slows in the first quarter but margins are better because of lower marketing costs and profits in noncore businesses. (Reuters)

Research firm IDC reports that Apple Inc. (NASDAQ: AAPL) lost more global market share in smartphones in the first quarter, down to 17.3% from 23% in the same quarter a year ago. (Reuters)

Samsung Electronics profits grew in the most recent quarter, ahead of the launch of the Galaxy S4. (Reuters)

George Soros buys 7.9% of the shares of J.C. Penney Co. Inc. (NYSE: JCP). (Reuters)

Results at U.S. banks drop as borrowing falls. (Reuters)

Vodafone Group PLC (NASDAQ: VOD) wants $30 billion more for its 45% share in Verizon Wireless than Verizon Communications Inc. (NYSE: VZ) is willing to pay. (WSJ)

Fred Amoroso, the chairman of Yahoo! Inc. (NASDAQ: YHOO), resigns. (WSJ)

The chief executive of United Continental Holdings Inc. (NYSE: UAL) says that many of the integration problems of the merger that created the company are gone. (WSJ)

Starbucks Corp.’s (NASDAQ: SBUX) second-quarter earnings rise 26% on strong sales in Asia and the United States. (WSJ)

Debt taken on by Dish Network Corp. (NASDAQ: DISH) to buy Sprint Nextel Corp. (NYSE: S) could swamp the wireless company’s results. (WSJ)

The recession in southern Europe could spread to Germany and other northern European nations. (NYT)

A system that allows electric car owners to send power back to their power companies becomes a financial success. (NYT)

Samsung warns that the growth of smartphone sales could slow. (FT)

Searches for financial terms from the markets may be able to help predict store prices. (FT)

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