Trib emerges
Tribune Co., owner of the Los Angeles Times and the Chicago Tribune, will emerge from bankruptcy on Dec. 31, setting the stage for the sale of its newspapers so the company can focus on its TV assets.
Jacked up
MagicJack VocalTec’s shares rose after it raised its fourth-quarter outlook and named Director Gerald T. Vento to succeed founder Daniel Borislow as CEO.
MF amends
Some customers of failed brokerage MF Global could get back all the money they lost, according to the trustee who is working to recover those funds.
Nook News
British publisher Pearson agreed to buy a 5 percent stake in Barnes & Noble’s Nook Media unit for $89.5 million, sending the bookstore operator’s shares higher. Separately, B&N said holiday sales will come in below expectations.
Netflix pays
Netflix doubled the annual pay of Chairman and CEO Reed Hastings to $4 million, including $2 million in salary in 2013 and $2 million in stock options, according to a regulatory filing.