Media Digest (2/17/2012) Reuters, WSJ, NYT, FT, Bloomberg

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Foreclosure abuses likely occurred across the U.S. (Reuters)

Apple’s (NASDAQ: AAPL) iPhone loses market share in China, based on Gartner data. (Reuters)

Improved odds of a Greek bailout lift markets. (Reuters)

The U.S. Consumer Financial Protection Bureau to target consumer collection agencies. (Reuters)

Chinese search company Baidu (NASDAQ: BIDU) will pursue mobile applications for growth. (Reuters)

Ally may be sold because its IPO plans have faced difficulty. (Reuters)

Alibaba says it will not work on foreign M&A in the future. (Reuters)

Google (NASDAQ: GOOG) used tracking software to take private information on people who use the Apple mobile OS. (WSJ)

UBS (NYSE: UBS) traders establish schemes to set interest rates around the world. (WSJ)

EU-based banks find stability in U.S. consumer operations. (WSJ)

European Central Bank and German plans to aid Greece probably will allow the southern European nation to finally get its bailout. (WSJ)

The Export-Import Bank may match financing set by countries like China to help U.S. exporters. (WSJ)

Twitter launches a program to attract small advertisers. (WSJ)

The International Monetary Fund will offer austerity rules in Greece that will spread the effects over many years. (WSJ)

Clearwire (NASDAQ: CLWR) says it may need to raise more capital. (WSJ)

The EU airline emissions fee faces challenges from a number of quarters. (WSJ)

Duke Energy (NYSE: DUK) to pursue its $13.7 billion bailout of Progress Energy (NYSE: PGN). (WSJ)

Large investor Blackrock (NYSE: BLK) may determine the fate of the Xstrata and Glencore International merger. (WSJ)

Congress wants to auction TV airwaves to raise money to help improve the deficit. (NYT)

Positive comments from investigators examining Apple supplier Foxconn may be premature. (NYT)

U.S. taxpayers will help support a deal on mortgages set between the federal government and five banks. (FT)

Germany wants one voice from EU ministers set to rescue Greece, which would include approval of an ECB debt swap. (Bloomberg)

Douglas A. McIntyre

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