Media

Media Digest (6/15/2012) Reuters, WSJ, NYT, FT, Bloomberg

A number of central banks say they will act in concert if the EU financial situation worsens. (Reuters)

The UK government and Bank of England could inject as much as 100 billion pounds into the financial situation as EU problems worsen. (Reuters)

Facebook (NASDAQ: FB) will try to consolidate all of the shareholder suits against it due to its IPO, and it will blame Nasdaq for part of its problems. (Reuters)

Moody’s (NYSE: MCO) cuts its ratings on several Dutch banks. (Reuters)

Dell (NASDAQ: DELL) makes a $2.15 billion bid for Quest Software (NASDAQ: QSFT). (Reuters)

US Airways (NYSE: LCC) will try to convince large shareholders that it should buy the assets of AMR, parent of American Airlines. (Reuters)

Microsoft (NASDAQ: MSFT) to buy Yammer for $1 billion. (WSJ)

Foreign investment in the United States rises to $28.7 billion in the first quarter. (WSJ)

Trouble at Nokia (NYSE: NOK) hurts Microsoft’s ability to gain traction for its Windows mobile product. (WSJ)

Universities face large research fund cuts because of the economy, but there is debate about how that will affect the national economy. (WSJ)

Merkel presses other large economies to play a role in solving the problems of Europe. (WSJ)

Mel Karmazin of Sirius XM (NASDAQ: SIRI) presses for a higher valuation of his company as Liberty Media (NASDAQ: LMCA) tries to take control. (WSJ)

AOL (NYSE: AOL) is under less pressure to change its business model after a proxy defeat of shareholder Starboard Value. (WSJ)

China may ease some of its rules for short-term bond issues by companies as another way to help the economy. (WSJ)

Merkel tells politicians in Germany that the nation has a limited ability to salvage EU finances. (NYT)

OPEC does not change its production limit, despite a drop in crude prices. (NYT)

A survey of central bank reserve managers says they expect at least one nation to leave the EU in the next five years. (FT)

Apple (NASDAQ: AAPL) and Baidu (NASDAQ: BIDU) will share ad revenue as the search company’s product is added to the iPhone. (Bloomberg)

The drop in Nokia shares of makes a takeover more likely. (Bloomberg)

Douglas A. McIntyre

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.