Investing

Media Digest (8/9/2012) Reuters, WSJ, FT, Bloomberg

News Corp. (NASDAQ: NWS) takes a $2.85 billion write-down, mostly on its publishing properties, as it prepares to spin them off. (Reuters)

Standard Chartered pushes back on allegations about money laundering, portraying a New York regulator’s actions as an aberration. (Reuters)

Chinese factory output reaches a three-year low. (Reuters)

Samsung officials say they are not considering a buyout of Research In Motion Ltd. (NASDAQ: RIMM). (Reuters)

U.S. investors are expected to be heavy purchasers of Manchester United shares as it launches its initial public offering. (Reuters)

Knight Capital Group Inc. (NYSE: KCG) held $7 billion worth of securities at one point during its trading crisis. (WSJ)

A123 Systems Inc. (NASDAQ: AONE), which is a battery maker partially back by the government, will be bailed out by Chinese interests. (WSJ)

Morgan Stanley (NYSE: MS) will replace some of its bond traders with computers. (WSJ)

Nestle management says they expect a slowing of the U.S. market. (WSJ)

Yahoo! Inc.’s (NASDAQ: YHOO) new CEO is expected to focus on products like e-mail and search. (WSJ)

The chief operating officer of Zynga Inc. (NASDAQ: ZNGA) will leave. (WSJ)

Hewlett-Packard Co. (NYSE: HPQ) will write down the value of its services business and appoint a new leader for the operation. (WSJ)

Industrial production continues to fall in Europe. (WSJ)

Shares of Priceline.com Inc. (NASDAQ: PCLN) and Orbitz Worldwide Inc. (NYSE: OWW) fall after Priceline reports a weak forecast. (WSJ)

Macy’s Inc. (NYSE: M) raises its forecasts. (WSJ)

Liberty Media Corp. (NASDAQ: LMCA) spins off Starz. (WSJ)

The New York Times Company (NYSE: NYT) will sell About.com. (WSJ)

Google Inc. (NASDAQ: GOOG) has trouble with the launch of the Nexus Q as it moves into the hardware business. (WSJ)

Carlyle Group LP (NASDAQ: CG) raises nearly all the money for a $10 billion fund. (FT)

Google will release a mobile voice search product to compete with Apple Inc.’s (NASDAQ: AAPL) Siri. (FT)

Deutsche Telekom AG (NYSE: DT) posts better-than-expected profits. (Bloomberg)

Douglas A. McIntyre

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.