Media
Media Digest (4/6/2012) Reuters, WSJ, NYT, FT, Bloomberg
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A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP Morgan (NYSE: JPM), and Ally. (Reuters)
Facebook will list on the Nasdaq. (WSJ)
Samsung expects a record first quarter, based to some extent on it mobile product business. (Reuters)
Yahoo! (NASDAQ: YHOO) will announce its reorganization next Tuesday. (Reuters)
PetroChina (NYSE: PTR) is in talks with Royal Dutch Shell (NYSE: RDS-A) and Hess (NYSE: HES) about shale oil exploration. (Reuters)
Microsoft (NASDAQ: MSFT) presses developers to make apps for its Windows Mobile OS. (WSJ)
Delta Air Lines (NYSE: DAL) may buy an idled ConocoPhillips (NYSE: COP) refinery to hedge jet fuel costs. (WSJ)
Alcoa (NYSE: AA) to cut aluminum production. (WSJ)
Viacom (NASDAQ: VIA) starts another copyright suit against Google’s (NASDAQ: GOOG) YouTube. (WSJ)
JCPenney (NYSE: JCP) cuts staff at its headquarters. (WSJ)
General Motors (NYSE: GM) and Toyota (NYSE: TM) post modest car sales in China in March. (WSJ)
Ford (NYSE: F) to invest in a new $600 million facility in China. (WSJ)
Many retailers report better-than-expected March sales. (NYT)
Spanish bond yields still test multimonth highs. (FT)
Apple (NASDAQ: AAPL) mounts a defense of its e-book pricing. (Bloomberg)
Research In Motion (NASDAQ: RIMM) loses more workers as it adjusts its strategy. (Bloomberg)
Douglas A. McIntyre
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