Media Digest (11/8/2012) Reuters, WSJ, NYT, FT, Bloomberg

The Greek parliament passes austerity measures despite active street protests. (Reuters)

Angela Merkel suggests major changes to the eurozone to occur within the next three years. (Reuters)

Siemens A.G. (NYSE: SI) plans to cut more than $7 billion from its cost structure in the next two years. (Reuters)

The new Research In Motion Ltd. (NASDAQ: RIMM) BlackBerry 10 OS receives a FIPS 140-2 certification from the U.S. government, which means it can be sold to a number of agencies. (Reuters)

Apple Inc.’s (NASDAQ: AAPL) shares reach a five-month low on concerns about sales of its newest products. (Reuters)

Morgan Stanley (NYSE: MS) tells senior bankers that management change will not harm their important position in the firm. (WSJ)

AT&T Inc. (NYSE: T) will replace most of its copper wire with fiber to handle broadband demand. (WSJ)

Boeing Co. (NYSE: BA) says budget cuts will save it $1.6 billion a year. (WSJ)

Lenovo’s profits rise on strong personal computer sales. (WSJ)

The European Union cuts growth forecasts for 2013 because much of the region is expected to slip into recession. (WSJ)

ING Groep N.V. (NYSE: ING) will cut jobs as lower profits continue. (WSJ)

Higher license fees press CBS Corp. (NYSE: CBS) earnings up. (NYT)

Obama’s reelection does not much change the fight over the fiscal cliff. (FT)

Lenovo moves ahead of Hewlett-Packard Co. (NYSE: HPQ) in PC sales. (Bloomberg)

Douglas A. McIntyre

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