Media Digest 6/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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newspaperReuters:   3D is bringing a new dimension to the computer world.

Reuters:   The Supreme Court was asked to block Chrysler sale.

Reuters:   China bankers called for US sales of yuan bonds.

Reuters:   IATA says global airline losses will hit $9 billion.

Reuters:   Soros says China influence growing faster than expected.

Reuters:   The dwindling US bailout fund to get money back from large banks to help buy toxic assets.

Reuters:   Creditors may get hold of Tribune Co. papers.

Reuters:   Fidelity will sell shares in the KKR IPO.

Reuters:   The return of Steve Jobs may move Apple (AAPL) shares up.

Reuters:   Back-to-school shopping will test retail strength.

WSJ:   China told PC makers that they must ship computers with web-blocking software.

WSJ:   Investors are preparing for a good second half of the year in the markets, but the economy may not help.

WSJ:   The US coal reserves may be smaller than expected.

WSJ:   Banks are awaiting federal approval of their money-raising efforts and balance sheet improvements.

WSJ:   Ford (F) will face tougher rivals in GM and Chrysler.

WSJ:   Firms are cutting India centers to save costs.

WSJ:   Chinese television makers will buy $4.4 billion in Taiwan flat screen TVs.

WSJ:   The airline industry may need a shakeout (AMR)(DAL)(UAUA).

WSJ:   Investors are putting money into small, risky markets.

WSJ:   Credit default swaps show Glenworth’s share may have run up too much.

WSJ:   Rising oil prices are seen by some experts as a repeat of the run-up in 2008.

WSJ:   Fewer firms are filing for IPOs.

WSJ:   Despite fairly good results, cable company stock still trade near lows.

NYT:   The US could begin to regulate executive pay.

NYT:   Madoff victims was an overhaul of the claims process.

NYT:   Barclays (BCS) may sell its asset unit to Blackrock (BLK)

NYT:   Start-ups that sell apps are being acquired for steady revenue streams.

NYT:   A 20% drop in DVD weight is expected to help the environment.

NYT:   The Palm (PALM) Pre brought in good shopping crowds.

FT:   Doubts are emerging over a US plan to buy toxic banks assets.

Bloomberg:   Citigroup (C) will probably get Treasury approval for conversions of its preferred shares.

Bloomberg:   The head of Shell says oil prices will spike without new investment in exploration and production.

Bloomberg:   Sales of common equity will dilute corporate profits as dividends drop the most since 1938.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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