Media Digest (12/10/2012) Reuters, WSJ, NY Times, FT, Bloomberg

Media summariesChina posts weak exports numbers, a sign that its economic improvement is uneven. (Reuters)

Investors say they will sell about $39 billion in Greek debt back to the government. (Reuters)

Yahoo! Inc. (NASDAQ: YHOO) and Comcast Corp.'s (NASDAQ: CMCSA) NBC Sports have set a content alliance. (Reuters)

Consumer spending begins to taper off. (WSJ)

The inspector general of the Federal Housing Finance Agency questions the pay of Fannie Mae and Freddie Mac executives. (WSJ)

Analysts expect results at McDonald's Corp. (NYSE: MCD) to stay weak. (WSJ)

An expected drop in oil prices next year may hurt OPEC members. (WSJ)

The Supreme Court will look at the practice of big pharmaceutical companies paying generics firms to keep rival drugs off the market. (WSJ)

American International Group Inc. (NYSE: AIG) will sell 80.1% of its aircraft leasing business to a group of Chinese investors for $4.23 billion. (WSJ)

U.S. Department of Housing and Urban Development tells Congress its has made progress with stemming the homelessness problem. (NYT)

Virgin and Delta Air Lines Inc. (NYSE: DAL) will create a joint venture for transatlantic routes. (NYT)

The Fed likely will continue its stimulus program. (NYT)

Banks may have crippled balance sheets once they settle billions of dollars in mortgage claims. (NYT)

The battle among browser companies moves to portable devices. (NYT)

The United Kingdom and United States set a plan for "too big to fail" banks. (FT)

New data from Japan shows it has fallen into another recession. (FT)

Hedge funds cut their exposure to equities. (FT)

Google Inc. (NASDAQ: GOOG) shifts $9.8 billion in revenue to Bermuda and avoids $2 billion in taxes. (Bloomberg)

Douglas A. McIntyre


Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AIG, CMCSA, DAL, GOOG, MCD, YHOO

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