Media

Media Digest (9/6/2011) Reuters, WSJ, NY Times, FT, Bloomberg

Bank of America (NYSE: BAC), JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC) and Citigroup (NYSE: C) may settle charges made by several states over “robo-signing” practices. (FT)

Lockheed Martin (NYSE: LMT) will try to increase arms deals overseas to offset cuts in U.S. budgets. (Reuters)

Dell (NASDAQ: DELL) and Baidu (NASDAQ: BIDU) to form a joint venture to sell tablets and smartphones. (Reuters)

Apple (NASDAQ: AAPL) to open a new store in Hong Kong. (Reuters)

Deutsche Telekom may not get its entire break-up fee if AT&T (NYSE: T) cannot buy T-Mobile. (Reuters)

Greece may ask the EU to allow its bailout to expire in 2012, a year early, to cover rising deficits. (Kathimerini)

PepsiCo (NYSE: PEP) to extend its marketing deal with the NFL at a cost of $2.3 billion. (WSJ)

Apple may offer its 3G iPad 2 in China soon. (WSJ)

Amazon.com (NASDAQ: AMZN) to overhaul its website as it prepares to launch a tablet PC. (WSJ)

Joseph Akermann, head of Deutsche Bank (NYSE: DB), says German banks may have to take large write-offs on Greek and other sovereign debt that would cause them to cut costs. (WSJ)

German courts to determine the legality of the country’s contribution to area bailouts. (WSJ)

World Bank President Robert Zoellick says China must be concerned about inflation above all of its other economic priorities. (WSJ)

Consulting firm Hay Group says the pick-up in retail employee additions will be weak this year. (WSJ)

A study by the University of Miami School of Business Administration and Duke University’s Fuqua School of Business shows CEOs are more likely to be fired for poor performance than in the past. (WSJ)

Samsung takes down a display for its tablet, as a court tells the company that it could not sell the product in Germany. (WSJ)

Netflix (NASDAQ: NFLX) to expand into Latin America. (NYT)

Honda (NYSE: HMC) to recall one million cars. (NYT)

Gold prices reach a new high. (FT)

U.S. corporate pensions are underfunded by $338 billion. (FT)

Deutsche Telekom says it will work with regulators to remove roadblocks to an AT&T deal. (Bloomberg)

Douglas A. McIntyre

 

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