Media Digest (9/28/2012) Reuters, WSJ, FT, Bloomberg

Updated

The future of French President Francois Hollande likely will be determined by the fate of his new austerity budget. (Reuters)

EADS says it will stay with a deadline set by regulators for its merger with BAE. (Reuters)

Research In Motion Ltd. (NASDAQ: RIMM) posts better-than-expected earnings. (Reuters)

Spain's leaders will set an austerity package based more on cuts than higher taxes. (Reuters)

Facebook Inc. (NASDAQ: FB) will allow members to buy gifts as it moves into an e-commerce model. (Reuters)

The European Union will charge Microsoft Corp. (NASDAQ: MSFT) with breaking antitrust provisions set in 2009. (Reuters)

A slowing China economy hurts Appalachian coal mines. (WSJ)

Greece's coalition partners agree to an austerity plan that should trigger an aid package. (WSJ)

Wal-Mart Stores Inc. (NYSE: WMT) will return into Japan after exiting in 2008. (WSJ)

General Electric Co. (NYSE: GE) says it expects strong returns from its jet engine and medical operations. (WSJ)

Intel Corp. (NASDAQ: INTC) will try to press into the tablet market once more with a product that will be married with Microsoft's Windows 8. (WSJ)

The resurrection of a partnership between Walgreen Co. (NYSE: WAG) and Express Scripts Holding Co. (NASDAQ: ESRX) will not have occurred in time to help the drugstore firm's earnings. (WSJ)

Fiat's sales continue to be battered in Europe. (WSJ)

Greece is examining investments made in London by its rich citizens. (NYT)

U.K. regulators plan a complete change in the Libor system. (FT)

Trouble with the South Korean economy will hurt Japan's gross domestic product. (Bloomberg)

Directors of Olympus approve a partnership with Sony Corp. (NYSE: SNE) meant to help its flagging financial situation. (Bloomberg)

Douglas A. McIntyre


Filed under: 24/7 Wall St. Wire, Press Digest Tagged: ESRX, FB, GE, INTC, MSFT, RIMM, SNE, WAG, WMT

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