Media Digest (11/20/2012) Reuters, WSJ, Bloomberg

November 20, 2012 by Douglas A. McIntyre

New York State will sue Credit Suisse Group (NYSE: CS) over false statements about mortgage-backed securities. (Reuters)

France loses its Moody’s Aaa rating. (Reuters)

The ITC will go over a judge’s decision that Apple Inc. (NASDAQ: AAPL) did not violate some of Samsung’s patents. (Reuters)

Early success of Yahoo! Inc.’s (NASDAQ: YHOO) new chief executive moves shares to 18-month highs. (Reuters)

Glencore finally comes close to a deal to buy Xstrata. (Reutes)

Tiger Global Management takes a large stake in Groupon Inc. (NASDAQ: GRPN). (Reuters)

Regulators will review how stock exchanges handle high-speed trading. (WSJ)

Hostess and unions have agreed to mediation, which could salvage 18,000 jobs. (WSJ)

Credit Suisse will combine its asset management and wealth groups. (WSJ)

BHP Billiton Ltd. (NYSE: BHP) expands its CEO search outside the mining industry. (WSJ)

Hudson Bay’s initial public offering price level drops. (WSJ)

J.P. Morgan Chase & Co. (NYSE: JPM) names Marianne Lake as chief financial officer. (WSJ)

President Obama must decide whether to allow offshore drilling for oil near the Atlantic Coast. (WSJ)

Toys”R”Us will add a number of locations in China. (WSJ)

SandRidge Energy reacts to activist investors who want to change the company’s direction with a “poison pill.” (WSJ)

Wal-Mart Stores Inc. (NYSE: WMT) issues an early dividend to help investors whose taxes may rise after year’s end. (WSJ)

The battle between the International Monetary Fund and European Union over the bailout of Greece intensifies. (Bloomberg)

Douglas A. McIntyre

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