Investing

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

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)

Is Your Money Earning the Best Possible Rate? (Sponsor)

Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.

However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.

There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!

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