Media

Media Digest (12/27/2011) Reuters, WSJ, NYT, FT, Bloomberg

Retailers hope that “mega Monday” sales continue a string of strong retail results. (Reuters)

The MF Global disaster prompts requests that the systems for grain trading to be changed. (Reuters)

Chinese investment tradition likely would prevent money from moving quickly into troubled Europe. (Reuters)

A new KPMG study shows that shoppers are unwilling, in most cases, to use mobile phones to make payments for retail goods. (Reuters)

Bank of America (NYSE: BAC) may seek to sell more assets to strengthen its balance sheet. (Reuters)

Germany’s Security Research Labs says GSM phones are targets for scams. (Reuters)

NTT Docomo (NYSE: DCM) will begin to develop smartphone chips with Samsung. (Reuters)

Google’s (NASDAQ: GOOG) new online travel initiatives begin to change that industry. (WSJ)

The SEC uses high-tech systems to look for trading abuses at hedge funds. (WSJ)

A glut of solar manufacturers continues to bring down industry prices and push companies out of the market. (WSJ)

Toyota (NYSE: TM) brings out a new small hybrid. (WSJ)

Hollywood box office sales likely will drop for the second year in a row. (WSJ)

Best Buy (NYSE: BBY) admits it was unable to deliver certain items ordered for Christmas and apologizes. (WSJ)

The success of shale gas touches off the creation of a number of new plants that use the fuel. (WSJ)

Research In Motion’s (NASDAQ: RIMM) independent directors are under pressure to replace top management or sell the company. (WSJ)

New York’s case against Intel (NASDAQ: INTC) over antitrust issues likely will be heard in state court. (WSJ)

U.S. stocks significantly outperform those in other regions. (WSJ)

U.S. corn futures rise on concerns about production from Argentina and Brazil. (WSJ)

TV prices drop enough that supplier margins become perilously small. (NYT)

China’s state power companies help push development of electric cars. (NYT)

The economic minister of Spain expects growth to return to recession levels next year. (NYT)

France’s unemployment rate hits a 12-year high. (FT)

The yen continues to gain as actions of the Japanese government have little effect in reversing it. (Bloomberg)

Profits at Chinese companies slow this year. (Bloomberg)

Douglas A. McIntyre

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