Media Digest (4/24/2013) Reuters, WSJ, NYT, FT, Bloomberg

April 24, 2013 by Douglas A. McIntyre

Apple Inc.’s (NASDAQ: AAPL) new dividend will allow management a period to recover earnings growth while offering investors a return. (Reuters)

Amazon.com Inc. (NASDAQ: AMZN) may use its consumer database to target ads. (Reuters)

Nintendo forecasts it will sell nine million Wii U consoles in the fiscal year that ends March 31. (Reuters)

Credit Suisse Group A.G. (NYSE: CS) profits rise, mainly due to cost cuts. (WSJ)

Budget cuts that effect the air traffic control system have begun to cause delays. (WSJ)

Portugal will have a stimulus package in hopes of resurrecting its damaged economy. (WSJ)

J.C. Penney Co. Inc. (NYSE: JCP) hires turnaround firm AlixPartners. (WSJ)

Dell Inc.’s (NASDAQ: DELL) board sets $91.1 million in bonuses to keep management during a period when the company is likely to go private. (WSJ)

FedEx Corp. (NYSE: FDX) renews its contract with the U.S. Postal Service to fly cargo. (WSJ)

Nike Inc. (NYSE: NKE) will offer $1 billion in corporate bonds, and demand is high. (WSJ)

Wal-Mart Stores Inc. (NYSE: WMT) comes to a deal with Warner Bros. to sell tickets for the new “Man of Steel” movie. (NYT)

New data show that business activity has slowed in the United States, Germany and China. (FT)

Lockheed Martin Corp. (NYSE: LMT) says its revenue will drop by $825 million due to defense spending cuts. (FT)

PSA Peugeot Citroen has higher-than-expected revenue because of China. (Bloomberg)

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