Financial News Digest: Reuters, WSJ, NYT, FT, Bloomberg

Updated
social media network
social media network

Concerns that the Federal Reserve may cut stimulus efforts press shares lower across the world. (Reuters)

Dish Network Corp. (NASDAQ: DISH) makes a $4.40 per share offer for Clearwire Corp. (NASDAQ: CLWR), topping one by Sprint Nextel Corp. (NYSE: S). (Reuters)

Google Inc.'s (NASDAQ: GOOG) Motorola division will try to improve its difficult fortunes with a new phone called Moto X. (Reuters)

Berkshire Hathaway Inc.'s (NYSE: BRK-A) MidAmerican Energy will acquire NV Energy Inc. (NYSE: NVE) for $5.6 billion. (WSJ)

Blackstone Group L.P. (NYSE: BX) may withdraw as much as $800 million from troubled hedge fund SAC Capital. (WSJ)

Apple Inc. (NASDAQ: AAPL) begins to use supplier Foxconn less. (WSJ)

General Electric Co.'s (NYSE: GE) GE Capital CEO Michael A. Neal will leave the company. (WSJ)

Americans begin to drop home broadband service in favor of public WiFi. (WSJ)

The European Central Bank reports that soar loans could badly hurt the fortunes of some of the region's banks. (NYT)

Regulators in the European Union and United States have different views over the regulation of derivatives. (FT)

Fiat prepares $10 billion in financing to buy the part of Chrysler it does not own. (Bloomberg)


Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, BRK-A, BX, CLWR, DISH, GE, GOOG, NVE, S

Advertisement