Media Digest (2/2/2012) Reuters, WSJ, NYT, FT, Bloomberg
February 2, 2012 by Douglas A. McIntyre
Glencore and Xstrata are in merger talks. (Reuters)
A federal mortgage deal with banks over mortgage fraud would give states enforcement power. (Reuters)
Sony (NYSE: SNE) expects a $2.9 billion loss. (Reuters)
Long-term investors continue to reject investments in long-term Italian bonds. (Reuters)
The House votes to extend a pay freeze for federal employees. (Reuters)
Deutsche Boerse and NYSE Euronext (NYSE: NYX) will consider alternatives now that their merger has collapsed. (Reuters)
The size of Facebook’s IPO would top Google’s (NASDAQ: GOOG). (WSJ)
January car sales rose 11% to the fastest pace in four years. (WSJ)
AMR will cut 13,000 jobs. (WSJ)
Deutsche Bank posts a loss. (WSJ)
Pfizer (NYSE: PFE) recalls a number of birth control pills. (WSJ)
Samsung says a German court rejected an Apple (NASDAQ: AAPL) request to stop the sales of Galaxy tablets and Nexus phones. (WSJ)
States with energy exploration businesses did well during the recession while manufacturing states are still struggling. (WSJ)
Many in Congress have rejected Obama’s new mortgage relief plan. (WSJ)
Disagreements between Germany and the IMF have slowed Greek bailout talks. (WSJ)
Kodak wants out of a deal that puts it name on the location where the Oscars are held. (WSJ)
Whirlpool’s (NYSE: WHR) cost cuts helped drive its profits. (WSJ)
Regulators are worried that a marketing deal between Verizon Wireless and Comcast (NASDAQ: CMCSA) would be anticompetitive. (WSJ)
EU regulators may back down on plans to make banks keep large amounts of safe assets. (WSJ)
Spain announces plans to improve its troubled bank sector. (WSJ)
Petrobras (NYSE: PBR) sold $7 billion in bonds, near a record for emerging market companies. (WSJ)
A deal over Greek debt raises concerns that a rescue of Portugal will follow. (NYT)
Large U.S. companies have raised money at record low rates. (FT)
CDS on both corporations and sovereign debt show less concern about financial troubles. (Bloomberg)
The number of people who filed for unemployment benefits in Spain during January reached a record. (Bloomberg)
Douglas A. McIntyre
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