Media Digest 11/5/2010 Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

The Federal Reserve may allow some of the nation’s strongest banks to raise their dividends. (Reuters)

The S&P and DJIA hit 2 year highs. (Reuters)

China attacked the US over its plans for currency parity and trade targets before the G20 summit. (Reuters)

The White House showed that it may compromise on 2011 personal tax rates. (Reuters)

Berkshire Hathaway (NYSE: BRK.B) will report results today. (Reuters)

Dell (NASDAQ: DELL) has replace employee Research In Motion (NASDAQ: RIMM) Blackberries with its own brand of smartphone. (Reuters)

Google (NASDAQ: GOOG) and Facebook will face harsh EU privacy laws. (Reuters)

Oracle (NASDAQ: ORCL) may add billions to its claims against SAP (NYSE: SAP). (Reuters)

Canadian officials said they turned down the BHP Billiton (NYSE: BHP) bid for Potash (NYSE: POT) in part because it would aid Australian farmers. (Reuters)

Walt Disney (NYSE: DIS) signed a deal to build a Shanghai theme park. (Reuters)

Green IPOs have struggled because coal is still the main energy source in many sectors.

Toyota Motor (NYSE: TM) posted a profit of $1.2 billion. (WSJ)

Some are concerned that the Fed’s plan to buy $600 billion in bonds makes it a part of the nation’s governmental financial fiscal programs. (WSJ)

The US has begun to probe the News Corp (NYSE: NWS) BSkyB offer.

The Fannie Mae and Freddie Mac overhauls could cost hit nearly $700 billion.

Activision’s net tripled. (WSJ)

Google has made searches products for easier to improve its role in e-commerce (WSJ)

Fox News topped all networks in election night coverage (WSJ)

The US may ease restrictions on exports to India (WSJ)

The Fed’s moved raised currency concerns by many nations (WSJ)

Citigroup (NYSE: C) won its case over the buyout of EMI (WSJ)

T-Mobile has begun to lose customers because it does not have a “hot” phone product. (WSJ)

American Air (NYSE: AMR) pulled access to its tickets from Orbitz. (WSJ)

Irish default insurance, already at high levels, moved up. (WSJ)

The Euro topped the $1.42 level (WSJ)

JPMorgan (NYSE: JPM) will restart foreclosure filings soon. (WSJ)

The Fed action cause several large companies to plan to issue more debt. (WSJ)

India has become one of the world’s largest arms markets. (NYT)

Businesses want the G20 to be used as a forum on the China export of rare earth metals. (NYT)

Canada will explain the reasons why it blocked a BHP buyout of Potash. (FT)

Swiss Re will pay back a loan from Warren Buffett early. (FT)

Bank of America (NYSE: BAC) and Citigroup will begin to test the Apple (NASDAQ: AAPL) iPhone for mobile business email. (Bloomberg)

China said that the US must defend its bond buying or explain that the American economy is in trouble. (Bloomberg)

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618