Media Digest: Reuters, WSJ, FT, Bloomberg

Investing

Published: May 8, 2013 7:01 am

China’s trade surplus is better than expected in April. (Reuters)

With inflation below Federal Reserve targets, the central bank may have to increase bond buying. (Reuters)

Some hedge funds move into Detroit debt. (Reuters)

Target Corp. (NYSE: TGT) will use Facebook Inc. (NASDAQ: FB) to offer shoppers discounts. (Reuters)

Softbank management will meet Sprint Nextel Corp. (NYSE: S) investors and might raise its bid for the carrier. (Reuters)

Electronic Arts Inc. (NASDAQ: EA) says better game products should increase sales next year. (Reuters)

American use of credit begins to improve from a six-year slump. (WSJ)

Airline mergers substantially cut routes served. (WSJ)

J.C. Penney Co. Inc. (NYSE: JCP) says sales fell sharply in the first quarter. (WSJ)

Carl Icahn and Southeastern, both large Dell Inc. (NASDAQ: DELL) shareholders, may challenge to get board seats. (WSJ)

The Dow closes above 15,000 for the first time. (WSJ)

More people from recession-racked nations move to Germany for jobs. (WSJ)

Start-ups based on Bitcoin e-commerce begin to raise large sums of money. (WSJ)

Yahoo! Inc. (NASDAQ: YHOO) tries unsuccessfully to pull out of its search partnership with Microsoft Corp. (NASDAQ: MSFT). (WSJ)

The share price of Tesla Motors Inc. (NASDAQ: TSLA) may have risen too quickly in the past several months. (WSJ)

A second proxy firm supports a split in the roles of chairman and CEO at J.P. Morgan Chase & Co. (NYSE: JPM). (FT)

“Iron Man 3” is expected to greatly help the earnings of Walt Disney Co. (NYSE: DIS). (FT)

Gold prices have their biggest drop in 30 years, but that does not dissuaded some investors. (Bloomberg)

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