Media Digest (10/23/012) Reuters, WSJ, NYT, FT, Bloomberg
October 23, 2012 by Douglas A. McIntyre
Apple Inc. (NASDAQ: AAPL) soon will release its mini iPad. (Reuters)
Yahoo! Inc. (NASDAQ: YHOO) delivers better-than-expected earnings and its CEO says the firm will move aggressively into mobile. (Reuters)
ARM Holding PLC’s (NASDAQ: ARMH) third-quarter profit rises on demand for its chips. (Reuters)
Amazon.com Inc. (NASDAQ: AMZN) says the Kindle Five HD was its top-selling item. (Reuters)
Very low interest rates hurt bank profits. (WSJ)
Procter & Gamble Co. (NYSE: PG) CEO Bob McDonald, already under pressure, will announce third-quarter results that may determine his job. (WSJ)
Shares of Monster Beverage Corp. (NASDAQ: MNST) are hurt by news of an FDA investigation into deaths cause by the company’s products. (WSJ)
Microsoft Corp.’s (NASDAQ: MSFT) new Xbox probably will have the ability to connect to smartphones. (WSJ)
Distressed debt investors begin to consider buying Greek paper. (WSJ)
A battle between bank regulators and the Securities and Exchange Commission over the Volcker rule could delay putting some programs into effect. (WSJ)
The fiscal cliff could hurt bank borrowing by corporations. (WSJ)
Farm land prices continue to rise rapidly. (NYT)
A sputtering Chinese economy slows U.S. exporters. (NYT)
Large tech companies, including Amazon and Google Inc. (NASDAQ: GOOG), begin programs to move to a mobile world. (NYT)
Some experts believe that if Romney designates China as a currency manipulator it could break down trade between the two countries. (NYT)
General Electric Co. (NYSE: GE) raises $5 billion to balance concerns about the effects the fiscal cliff may have on the company. (FT)
Ad spending on mobile devices remains very low. (FT)
The European Union’s permanent bailout fund faces a challenge in the EU Court of Justice about whether the plan violates current laws. (Bloomberg)
Douglas A. McIntyre
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