Media Digest (1/16/2013) Reuters, WSJ, NYT, FT, Bloomberg


The World Bank cuts its outlook for 2013. (Reuters)

Facebook Inc. (NASDAQ: FB) releases a search feature to be used among members, and Wall St. is unimpressed, sending shares down. (Reuters)

The ACEA says car registrations fell 8.2% last year. (WSJ)

Many Morgan Stanley (NYSE: MS) bankers will have their new bonuses paid over several years. (WSJ)

Bank of America Corp. (NYSE: BAC) will reenter the home mortgage business. (WSJ)

Facebook insiders have sold $775 million worth of shares in the past five months. (WSJ)

The German economy drops in the fourth quarter because of trouble in the balance of Europe. (WSJ)

Silver Lake Partners may offer $13 to $14 a share for Dell Inc. (NASDAQ: DELL). (WSJ)

Royal Dutch Shell PLC (NYSE: RDS-B) begins to focus more on natural gas exploration. (WSJ)

The European Union will place more restrictions on the actions of credit rating agencies that often rate sovereign debt. (WSJ)

Wal-Mart Stores Inc. (NYSE: WMT) sets a 10-year pledge to buy $50 billion of goods made in America. (NYT)

SAP A.G. (NYSE: SAP) earnings miss forecasts. (FT)

Alibaba retains Credit Suisse Group (NYSE: CS) and Goldman Sachs Group Inc. (NYSE: GS) to lead a $4 billion initial public offering. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: BCA, CS, DELL, FB, GS, MS, RDS-B, SAP, WMT