From Fnno.com, This is the financial news network. Here's what's in the news for Thursday August 30, 2012. The Wall Street Journal reports Samsung Electronics (PINK:SSNLF) showcased its product pipeline for the second half of this year at a trade show in Berlin today, as it unveiled its ATIV line of products, including a 10.1-inch tablet device running on Windows RT and a 4.8-inch smartphone running on the Windows 8 mobile platform. Reuters reports the euro zone has an "absolute political will" to stabilize the single currency, German Chancellor Angela Merkel said today after talks with Chinese Premier Wen Jiabao in Beijing. Reuters also reports Vivendi (PINK:VIVHY) CFO Philippe Capron said the conglomerate wasnt now contemplating a break-up of its telecom and media units to solve a deep share slump because of the way it would impact the group's debt. Bloomberg reports Berkshire Hathaway's (NYSE:BRK.A) stock portfolio is benefiting this year from Chairman Warren Buffet's bet on Wells Fargo & Co. (NYSE:WFC), the home lender that has rallied 24% since December 31. Wells Fargo has averaged about 17% of Berkshire's U.S. equity investments this year, according to data compiled by Bloomberg. That compares with about 1.4 percent in the Standard & Poors 500 Index. Finally, Bloomberg also reports Lexmark International (NYSE:LXK) is poised to attract potential buyers with the least expensive technology valuation in the U.S. as the printer companys closure of its inkjet operations heightens takeover speculation. For more financial news and analysis follow us on Twitter @FNNOnline or check out our website at fnno.com.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...