Media

Media Digest (7/12/2012) Reuters, WSJ, NYT, FT, Bloomberg

U.S. foreclosures rise for the second straight month. (Reuters)

Twitter’s ad business may have hurt new product development. (Reuters)

Peugeot will cut 8,000 jobs. (WSJ)

SUPERVALU (NYSE: SVU) puts itself up for sale. (WSJ)

Gartner says second-quarter PC sales were flat. (WSJ)

Viacom (NASDAQ: VIA)  and DirecTV (NASDAQ: DTV) continue talks over fee and Internet TV. (WSJ)

India tries to get around sanctions for importing oil from Iran. (WSJ)

Kodak, in Chapter 11, seeks bonuses for top management. (WSJ)

Google’s (NASDAQ: GOOG) new tablet is similar to Amazon.com’s (NASDAQ: AMZN) Kindle Fire but more expensive to build. (WSJ)

The Securities and Exchange Commission has nearly run out of time to prosecute people involved in the financial crisis. (WSJ)

Regulators investigate how JP Morgan (NYSE: JPM) marketed some of its funds. (NYT)

U.S. Treasuries sell with all-time low yields. (FT)

Brazil’s central bank cuts fees again. (FT)

A strike at Hyundai may hurt its car sales. (Bloomberg)

Investors polled by Bloomberg say JP Morgan was the number one stock picker last year. (Bloomberg)

Douglas A. McIntyre

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