Media

Media Digest (5/29/2012) Reuters, WSJ, NYT, Bloomberg

JP Morgan (NYSE: JPM) sells $25 billion in profitable securities to offset its trade debacle. (Reuters)

The SEC examines JP Morgan financial reports. (Reuters)

Marubeni buys U.S. grain company Gavilon Holdings for $3.6 billion. (Reuters)

The Samsung Galaxy S3 has an advantage because it will be launched before the Apple (NASDAQ: AAPL) iPhone 5. (Reuters)

Low wages help revive U.S. manufacturing. (WSJ)

Spain’s bank bailout hurts its sovereign bond values. (WSJ)

The demand for cars in Japan jumps, which helps Toyota (NYSE: TM), Honda (NYSE: HMC) and Nissan. (WSJ)

Federal offices begin to probe whether BP (NYSE: BP) lied about how much oil leaked from the Deepwater Horizon. (WSJ)

European companies and private equity firms move to U.S. banks as money in the eurozone dries up. (WSJ)

Many of the long-term unemployed will lose benefits this month, which often has to do with state rules. (WSJ)

Microsoft (NASDAQ: MSFT) will need to wring a large number of advantages from Skype to justify the $8.5 billion it paid. (NYT)

The Toyota Prius becomes the third best-selling car in the United States during the first quarter. (Bloomberg)

Actions by Moody’s (NYSE: MCO) are taken less seriously by the markets than in the past. (Bloomberg)

Douglas A. McIntyre

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