Media

Media Digest (2/20/2012) Reuters, WSJ, NYT, FT, Bloomberg

Wynn Resorts (NASDAQ: WYNN) accused large  business partner Kazuo Okada of fraud and bought out his position (Reuters)

Ministers in the EU will make a final determination on Greece today (Reuters)

Japan’s huge trade deficit is a sign of weak demand in China (Reuters)

Brent moved above $121 on a shutdown of Iran exports of oil to France and the UK (Reuters)

JP Morgan (NYSE: JPM) raised its target for Brent to $118 for 2012 (Reuters)

Samsung will work on OLED displays now that it has spun off its LCD business (Reuters)

Walmart (NYSE: WMT) will buy a majority interest in Yihaodian, to increase its presence in China e-commerce (WSJ)

An IMF document predicts that Greece’s debt to GDP will be 129% by 2020 (WSJ)

Japan posted a $18.5 billion trade deficit in January-a record (WSJ)

S&P affirmed its current Japan rating (WSJ)

China’s economic system has changed as raises for Foxconn employees shows (NYT)

A contribution by the ECB is needed to keep contributions of EU government to previously predicted levels (FT)

TNT investors will try to get UPS (NYSE: UPS) to increase it offer for the company (Bloomberg)

Douglas A. McIntyre

 

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