Media

Media Digest (4/9/2012) Reuters, WSJ, NYT, FT, Bloomberg

Sony (NYSE: SNE) to fire 10,000 people as its tries to improve its long-term profit growth. (Nikkei)

The number of U.S. public jobs continues to fall along with tax receipts. (Reuters)

Iraq says political instability is a larger factor in oil prices than supply. (Reuters)

Tens of thousands of AT&T (NYSE: T) union workers will not strike as negotiations continue. (Reuters)

Large companies return to prerecession profit levels, but this does not help employment. (WSJ)

A poor Q1 earnings season may stop the market’s rise. (WSJ)

Strong supply drives down orange juice prices. (WSJ)

Unions will press Audi to honor employment commitments in Europe before starting a plant in North America. (WSJ)

Kodak wants $13.5 million paid to 300 executives to retain them. (WSJ)

HTC profits fall 70% as the appeal of its phones sinks well behind those of Apple (NASDAQ: AAPL) and Samsung. (WSJ)

Emerging market indices fall as the global economy slows because investors go elsewhere. (WSJ)

Costs per click, a signal of marketer health, will be a key part of Google’s (NASDAQ: GOOG) earnings. (WSJ)

Samsung’s huge Q1 profit is driven by a demand for smartphones that has edged demand for the company’s less expensive handsets. (WSJ)

The financial sector probably will have the strongest earnings among the S&P 500. (WSJ)

Federal funds to train the jobless have fallen since 2006 while the number of people who need training rises. (NYT)

Bank debt in Europe becomes a major concern for investors. (NYT)

China’s inflation rises to 3.6% in March because of high food costs. (NYT)

Labor union pension deficits at U.S. companies reach $369 billion, according to Credit Suisse. (FT)

A Bloomberg survey of economists shows expectations of a rebound from the slow March jobs report. (Bloomberg)

Douglas A. McIntyre

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