Media Digest (4/23/2012) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published

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Nestle to buy Pfizer’s (NYSE: PFE) baby food operation for $11.9 billion. (Reuters)

China’s factory output rises slightly in March, but still not at levels of expansion. (Reuters)

Vodafone (NASDAQ: VOD) buys Cable & Wireless for $1.68 billion. (Reuters)

A bribery probe of Walmart’s (NYSE: WMT) Mexico operations could cause some top management departures. (Reuters)

Christine LaGarde will need to give emerging markets more say in IMF policy. (Reuters)

The CEO of Motorola (NYSE: MMI) made $47 million last year. (Reuters)

According to Strategy Analytics, apps used on smartphones now carry ads, which could be critical to bringing marketing dollars to smartphones. (Reuters)

Avon (NYSE: AVP) falls well behind competitors in online sales. (WSJ)

New funds raised for EU bailouts have restrictions on how they may be used, which could fuel market skepticism about their effectiveness. (WSJ)

Spain wants other nations to join sanctions against Argentina for the takeover of YPF (NYSE: YPF). (WSJ)

Results at Chevron (NYSE: CVX) and ConocoPhillips (NYSE: COP) are expected to be helped by high oil prices. (WSJ)

Audi expects a surge in sales in both China and the U.S. (WSJ)

Japan auto sales should rise rapidly now that the effects of the earthquake have nearly disappeared. (WSJ)

U.S. TV networks continue to lose viewers. (NYT)

China hopes to increase its direct investments in Germany. (NYT)

A Nature Climate Change report says climate change will affect corn prices over the next three decades, which will cause alterations in the businesses involved with oil distilled from the grain. (NYT)

U.S. regulators may ease swap rules. (FT)

A smartphone powered by Intel (NASDAQ: INTC) to go on sale soon. (FT)

ECB President Mario Draghi says he will not go along with a call from the U.S. and IMF to do more to help resolve the EU debt crisis. (Bloomberg)

Netflix (NASDAQ: NFLX) earnings will remain under pressure as it tries to expand in both the U.S. and abroad. (Bloomberg)

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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