Media

Media Digest (2/9/2012) Reuters, WSJ, NYT, Bloomberg

Greek ministers will go to Brussels to meet with EU officials about restructuring of debt, but several details have not been resolved. (Reuters)

Groupon (NASDAQ: GRPN) posts earnings that trouble Wall St. and its shares fall by 10%. (Reuters)

A deal on mortgage data and foreclosures between five banks and state attorneys general is close to being done. The amount of the settlement will be about $25 billion. (Reuters)

Credit Suisse (NYSE: CS) posts a drop in Q4 results. (Reuters)

Rio Tinto (NYSE: RTP) posts poor results due to metal prices. (Reuters)

Levovo beats earnings forecasts as its market share rises, and it will produce a TV product for Chinese consumers. (Reuters)

Google (NASDAQ: GOOG) to launch a cloud storage product. (WSJ)

The House probably will approve a bill to regulate insider trading by members of Congress and their staffs. (WSJ)

China and Canada to increase official trade relations. (WSJ)

China’s CPI rises to 4.5% in January — up from 4.1% in December. (WSJ)

Some car companies press sales in Indonesia as the number of drivers there surges. (WSJ)

Chrysler may set a deal with banks for consumer and dealer loans that would replace its relationship with Ally. (WSJ)

Apple (NASDAQ: AAPL) tightens it approval process for apps used on the iPad and iPhone. (WSJ)

Petrobras (NYSE: PTR) estimates of its reserves and the P&L they may create could be too optimistic. (WSJ)

Goldman Sachs (NYSE: GS) buys much of AIG’s (NYSE: AIG) troubled bond portfolio, which dates back to 2008. (WSJ)

Two million homeowners could benefit from a $25 billion settlement over mortgages reached between five banks and the government. (NYT)

Car sales in China fall 24% in January. (NYT)

Young people are watching TV more and more on PCs. (NYT)

BP (NYSE: BP) is conversing with the U.S. government over claims from the Deepwater Horizon oil spill and may settle. (Bloomberg)

Sarkozy’s approval ratings in France are near all-time lows for a president. (Bloomberg)

Douglas A. McIntyre

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