Media
Media Digest (6/15/2012) Reuters, WSJ, NYT, FT, Bloomberg
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A number of central banks say they will act in concert if the EU financial situation worsens. (Reuters)
The UK government and Bank of England could inject as much as 100 billion pounds into the financial situation as EU problems worsen. (Reuters)
Facebook (NASDAQ: FB) will try to consolidate all of the shareholder suits against it due to its IPO, and it will blame Nasdaq for part of its problems. (Reuters)
Moody’s (NYSE: MCO) cuts its ratings on several Dutch banks. (Reuters)
Dell (NASDAQ: DELL) makes a $2.15 billion bid for Quest Software (NASDAQ: QSFT). (Reuters)
US Airways (NYSE: LCC) will try to convince large shareholders that it should buy the assets of AMR, parent of American Airlines. (Reuters)
Microsoft (NASDAQ: MSFT) to buy Yammer for $1 billion. (WSJ)
Foreign investment in the United States rises to $28.7 billion in the first quarter. (WSJ)
Trouble at Nokia (NYSE: NOK) hurts Microsoft’s ability to gain traction for its Windows mobile product. (WSJ)
Universities face large research fund cuts because of the economy, but there is debate about how that will affect the national economy. (WSJ)
Merkel presses other large economies to play a role in solving the problems of Europe. (WSJ)
Mel Karmazin of Sirius XM (NASDAQ: SIRI) presses for a higher valuation of his company as Liberty Media (NASDAQ: LMCA) tries to take control. (WSJ)
AOL (NYSE: AOL) is under less pressure to change its business model after a proxy defeat of shareholder Starboard Value. (WSJ)
China may ease some of its rules for short-term bond issues by companies as another way to help the economy. (WSJ)
Merkel tells politicians in Germany that the nation has a limited ability to salvage EU finances. (NYT)
OPEC does not change its production limit, despite a drop in crude prices. (NYT)
A survey of central bank reserve managers says they expect at least one nation to leave the EU in the next five years. (FT)
Apple (NASDAQ: AAPL) and Baidu (NASDAQ: BIDU) will share ad revenue as the search company’s product is added to the iPhone. (Bloomberg)
The drop in Nokia shares of makes a takeover more likely. (Bloomberg)
Douglas A. McIntyre
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