Media

Media Digest (3/22/2011)

Japan may need to work with the G7 to keep the yen low. (Reuters)

Sony (NYSE: SNE) factories and Rio Tinto (NYSE: RTP) expansion plans were hurt by the earthquake’s aftermath. (Reuters)

AT&T (NYSE: T) may sell assets to close the T-Mobile deal. (Reuters)

Citigroup (NYSE: C) reinstated its dividend and will have a ten to-one stock split. (Reuters)

China rare earth prices rose as exports dropped significantly. (Reuters)

Apple (NASDAQ: AAPL) sued Amazon.com (NASDAQ: AMZN) over the App Store trademark. (Reuters)

Opera launched a new mobile browser. (Reuters)

Verizon (NYSE: VZ) said it had no interest in the T-Mobile deal. (Reuters)

Sprint-Nextel (NYSE: S) may need to find a partner. (Reuters)

The Social Security Disability fund will run out of money as states draw capital. (WSJ)

Banks want little legislation about where they can take deposits abroad despite potential capital flow from totalitarian regimes. (WSJ)

AT&T is prepared to fight regulators over its T-Mobile deal. (WSJ)

Boeing (NYSE: BA) and Lockheed Martin NYSE: LMT) will begin a joint venture to build rockets. (WSJ)

China Telecom profits rose almost 10% last year. (WSJ)

The Federal Reserve will release data on its lending programs. (WSJ)

Europe agreed on details of a new bailout fund. (WSJ)

Spring home sales will be helped by deep discounts. (WSJ)

France fined Google (NASDAQ: GOOG) over its Street View software. (WSJ)

Sprint will begin to use Google Voice. (WSJ)

Companies are having trouble dealing with high oil prices which often cannot be passed on to consumers. (WSJ)

A new Novartis MS drup received approval for use in the EU. (WSJ)

Microsoft (NASDAQ: MSFT) sued Barnes & Noble (NYSE: BKS) over patents used in the Nook. (WSJ)

JP Morgan (NYSE: JPM) will make a huge $20 billion loan to AT&T, an example of its M&A power. (WSJ)

Japan disaster costs could rise to $300 billion, a challenge to insurance companies. (WSJ)

Dell’s (NASDAQ: DELL) revenue in In India is close to $2 billion. (NYT)

Natural gas is being considered a replacement for nuclear power. (NYT)

Libya’s large gold reserves may help Gaddafi. (FT)

The new EU debt plan will face ECB resistance. (Bloomberg)

Douglas A. McIntyre

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