PRESS DIGEST – Wall Street Journal – April 7

April 7 (BestGrowthStock) – The following were the top stories in
The Wall Street Journal on Wednesday. Reuters has not verified
these stories and does not vouch for their accuracy.

* Hope slipped away for four miners missing in an explosion
in Montcoal, West Virginia, that killed 25. Officials said it
would take at least 96 hours to ventilate the mine of deadly
methane gas to make it safe for search crews to enter.

* As Congress prepares to take on financial regulation,
plenty of banking executives — stung by Washington’s bashing
— are keeping a low profile. James Dimon, JPMorgan Chase &
Co’s (JPM.N: ) CEO, isn’t one of them.

* Fujitsu Ltd’s (6702.T: ) former president, Kuniaki Nozoe,
plans to file two lawsuits against the technology giant,
claiming personal damages and losses to shareholders because of
his forced departure, the ex-executive’s lawyer said.

* A U.S. appeals court ruled Tuesday that the Federal
Communications Commission overstepped when it cited cable-giant
Comcast Corp (CMCSA.O: ) for slowing some Internet traffic on its
network, dealing a blow to big Web commerce companies and other
proponents of “net neutrality.”

* Retail landlords continued to lower lease rates to
attract tenants during the first quarter, revealing that
optimism about a recovery in retail sales has yet to translate
into gains for shopping-center owners. But some think a bottom
is near.

* Greece’s financial crisis flared back into view as doubts
about a rescue plan rattled the euro and sent the country’s
bonds tumbling to their lowest levels since the problems began.

* Federal Reserve officials worried about the dangers of
raising interest rates too soon in the economic recovery at
their March 16 meeting, newly released minutes of the session

* The Federal Trade Commission appears to be laying the
groundwork for an antitrust challenge to Google Inc (Read more about Google Stock Analysis)’s (GOOG.O: )
proposed purchase of mobile-advertising company AdMob.

* Apollo Global Management [[APOLO.UL]] terminated its $650
million leveraged buyout of theme-park operator Cedar Fair
(FUN.N: ) Tuesday, capitulating to shareholders who had
threatened to vote down the deal.

* AT&T Inc (T.N: ) is seeking to dismiss a long-running
pension case alleging age discrimination that seeks $2.3
billion in damages, according to documents filed this week in a
federal court.

* AOL Inc (AOL.N: ) said Tuesday that it is evaluating
whether to sell or shut down Bebo, the social-networking site
it acquired for $850 million two years ago in a bid to reinvent
itself by tapping into the social-networking craze.

* Real-estate investor Washington Real Estate Holdings LLC
has purchased Citigroup Inc’s (C.N: ) equity control of the St.
Regis Monarch Beach, the 400-room luxury resort made infamous
by bailed-out insurer American International Group Inc’s
(AIG.N: ) aborted plans to host a sales conference there.

* The Financial Industry Regulatory Authority has fined
Citigroup Inc (C.N: ) $650,000 for disclosure and supervisory
violations in the authority’s first enforcement action
involving a broker-dealer stock borrow program.

Investing Analysis

PRESS DIGEST – Wall Street Journal – April 7