Media

Media Digest (4/18/2012) Reuters, WSJ, NYT, FT, Bloomberg

Citigroup (NYSE: C) losses an investor vote on executive compensation. (Reuters)

Many experts say Spain cannot avoid a bailout. (Reuters)

Nestle is close to a deal to buy Pfizer’s (NYSE: PFE) baby food division. (Reuters)

News Corp. (NASDAQ: NWSA) is expected to disclose it is suspending half the voting rights of its foreign shareholders to deal with an inadvertent breach of the U.S. foreign ownership limits of the Communications Act. (WSJ)

Yahoo! (NASDAQ: YHOO) posts better-than-expected earnings. (WSJ)

Liberty Media says it needs SEC approval to take over Sirius XM Radio (NASDAQ: SIRI). (WSJ)

Johnson & Johnson (NYSE: JNJ) says it expects health care spending to continue to rise. (WSJ)

The Android IP suit between Oracle (NASDAQ: ORCL) and Google (NASDAQ: GOOG) begins. (WSJ)

The IMF says it is concerned about the recovery but it raised its forecasts for U.S. gross domestic product. (WSJ)

Hardware sales hurt IBM’s (NYSE: IBM) earnings. (WSJ)

Apple (NASDAQ: AAPL) and Samsung agree to enter settlement talks in a California patent case. (WSJ)

Wireless carriers say volume will require them to have more spectrum. (NYT)

The results of elections in France worry investors who do not know the policies of the government that might take over. (NYT)

Repsol tries to sell a controlling stake in its Argentinian oil company YPF (NYSE: YPF) to a Chinese energy group. (FT)

A shortage of resin parts will hurt car production. (FT)

Spain’s banks buy enough sovereign debt to transfer risk from capital market investors to taxpayers. (Bloomberg)

Douglas A. McIntyre

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