Media Digest 2/9/2008 Reuters, WSJ, NYTimes, FT, Barron's

According to Reuers, Exxon (XOM) won a court order freezing $12 billion of its assets in Venezuela.

Reuters writes that Congress has passed an economic stimulus package and sent it to Bush.

Reuters writes that Wal-Mart (WMT) is willing to pay more for "green" goods that hurt the environment less than some of its current products.

The Wall Street Journal writes that inflation concerns are increasing at the Fed.

The Wall Street Journal writes that credit card delinquencies are risings and consumers may be sharply cutting spending.

The Wall Street Journal writes that the Justice Department is looking into Merrill Lynch (MER) mortgage-backed securities activities.

The Wall Street Journal writes that China may invest in the US-based Flowers Fund.

The Wall Street Journal writes that Alcatel-Lucent (ALU) posted a loss and cut its dividend.

The Wall Street Journal writes that cash flow is falling sharply at Sears (SHLD).

The Wall Steet Journal writes that biofuels may hurt the environment more than help it.

The Wall Street Jounal writes that the Justice Department is looking into a plan by Universal Music to team with its rivals to compete with Apple (AAPL) iTunes.

The FT wrtes that both Infineon and Cisco (CSCO) issued weak forecasts for tech spending.

Barron’s writes that shares of Aruba Networks (ARUN) fell 23% after hours on a weak forecast.

Douglas A. McIntyre