Investing
Media Digest (2/11/2013) Reuters, WSJ, NYT, FT, Bloomberg
February 11, 2013 6:34 am
Germany continues to battle France over the use of stimulus to help jump-start the EU economy. (Reuters)Source: courtesy of Netflix
U.S. Airways Group Inc. (NYSE: LCC) and AMR probably will close an $11 billion merger this week. (Reuters)
U.S. companies are more pessimistic about the markets than investors are as major indices reach all-time highs. (WSJ)
Apple Inc. (NASDAQ: AAPL) has begun to explore a device that looks like a wristwatch but has smartphone features. (WSJ)
Southeastern Asset Management, Dell Inc.’s (NASDAQ: DELL) largest investor, wants $24 per share and not the approximately $14 the leveraged buyout offers. (WSJ)
Sales at Gap Inc. (NYSE: GPS) finally turn around. (WSJ)
The Federal Housing Administration may post billions of dollars in losses. (WSJ)
Institutional investors may move into the market for China’s bad bank debt. (WSJ)
The Financial Times celebrates its 125th birthday. (NYT)
Barclay’s PLC (NYSE: BCS) will cut 2,000 workers as its restructures underperforming units. (FT)
New elections in several nations may upend tranquility in Europe’s markets. (Bloomberg)
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