Media Digest (11/15/2012) Reuters, WSJ, NYT, FT, Bloomberg
November 15, 2012 by Douglas A. McIntyre
Qatar says it would back a merger of Glencore and Xstrada. (Reuters)
The CEO of Research In Motion Ltd. (NASDAQ: RIMM) believes that the BlackBerry 10 will jump-start the company. (Reuters)
As a share lock-up expires, Facebook Inc.’s (NASDAQ: FB) stock rises more than 12%. (Reuters)
Texas Instruments Inc. (NASDAQ: TXN) will exit the tablet chip sector and fire 1,700 people. (Reuters)
News Corp. (NASDAQ: NWSA) is close to buying an interest in the YES network. (WSJ)
The FHA, nearly out of funds, will have to take money from the Treasury. (WSJ)
Energy officials suspend energy trading by J.P. Morgan Chase & Co. (NYSE: JPM) for six months. (WSJ)
The French economy grows in the third quarter. (WSJ)
Analysts are concerned about the new turnaround plan of Best Buy Co. Inc.’s (NYSE: BBY) chief executive. (WSJ)
Nokia Corp.’s (NYSE: NOK) share of the smartphone market falls sharply. (WSJ)
Groupon Inc. (NASDAQ: GRPN) names a chief operating officer. (WSJ)
The Fed does not say if it will continue its bond-buying program. (WSJ)
Industrial production in the eurozone falls sharply in September. (WSJ)
Retailers post more Black Friday specials online to draw new customers. (WSJ)
AMR CEO Horton says that, in a merger with US Airways Group Inc. (NYSE: LCC), creditors would have to get a major ownership. (WSJ)
Abercrombie & Fitch Co. (NYSE: ANF) sales rise unexpectedly. (WSJ)
Starbucks Corp. (NASDAQ: SBUX) will buy Teavana Holdings Inc. (NYSE: TEA) for $620 million. (WSJ)
Hertz Global Holdings Inc. (NYSE: HTZ) receives approval to buy Dollar Thrifty Automotive Group Inc. (NYSE: DTG). (WSJ)
Goldman Sachs Group Inc. (NYSE: GS) adds 70 partners. (WSJ)
Greece may consider buying back some of its debt. (NYT)
EU economic official Olli Rehn says Spain will not have to make more cuts immediately, even if it misses budget targets, (FT)
Germany’s growth slows less than expected in the third quarter, according to the Federal Statistics Office. (Bloomberg)
Insee reports modest growth in French third-quarter gross domestic product. (Bloomberg)
Sony Corp.’s (NYSE: SNE) shares fall to a multiyear low as it issued convertible bonds. (Bloomberg)
Douglas A. McIntyre
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