S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

Media Digest 12.24.2010 Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

The head of the FCC said he supports the Comcast (NASDAQ: CMCSA) plan to take a majority position in GE’s (NYSE: GE) NBCU. (Reuters)

SpendingPulse reports online retail sales are up 15.4% (Reuters)

Global stocks had their best December performance in a decade. (Reuters)

Skype is still not working for 20% of its customers. (Reuters)

Samsung will make system chips for Toshiba. (Reuters)

Wal-Mart Stores (NYSE: WMT) has made a large investment in the largest online seller of electronics and communication equipment in China–360buy. (Reuters)

Bentana Gold rejected a buyout offer from Batista. (Reuters)

Municipalities have started to raise property taxes to cover the retirement costs of their employees. (WSJ)

Some large US companies have begun to hire again. (WSJ)

Apollo Management will buy $2.8 billion in distressed commercial real estate loans from Credit Suisse for $1.2 billion. (WSJ)

Online specialty stores are leading e-commerce sales higher. (WSJ)

Boeing (NYSE: BA) begun new test flights of its 787 Dreamliner. (WSJ)

Ireland will nationalize Allied Irish Banks. (WSJ)

Administration officials cannot agree on the futures of Fannie Mae and Freddie Mac and how they might play a larger role in the economic recovery (WSJ)

GE will take a Q4 charge to finish its cleanup of the Hudson River. (WSJ)

Exxon Mobil (NYSE: XOM) has added to its natural gas holdings (WSJ)

Google (NASDAQ: GOOG) has moved aggressively into local advertising. (WSJ)

Sales of Blu-ray products have helped overall DVD sales. (WSJ)

Leonard Green will take Jo-Ann Stores private. (WSJ)

Leslie Seidman was made head of the FASB. (WSJ)

The activation of e-readers may help increase holiday online sales. (NYT)

Sales of jewelry have aided the recovery of retail sales. (NYT)

The value of Facebook and Twitter have soared based on the market which trades small investments in the companies. (FT)

Goldman Sachs Group (NYSE: GS) has tied more of its compensation to long-term goals. (FT)

France’s AAA rating was confirmed by S&P. (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.

Continue Reading

Douglas A. McIntyre |

Media Digest 12.23.2010 Reuters, WSJ, NYT, F, Bloomberg

China said it will help nations in the eurozone to return to financial stability. (Reuters) Riversdale will be bought by…
Douglas A. McIntyre |

J.C. Penney’s Weak Online Sales

courtesy J.C. Penney Co. Inc.Barely mentioned in the J.C. Penney (NYSE: JCP) earnings report was the tiny amount of its…
Douglas A. McIntyre |

Media Digest 2/3/2010 Reuters, WSJ, NYT, FT, Bloomberg

A judge said BP plc (NASDAQ: BP) $20 billion fund head Ken Feinberg is not independent of the oil company.…
Douglas A. McIntyre |

Media Digest (6/7/2012) Reuters, WSJ, NYT, FT, Bloomberg

LinkedIn (NYSE: LNKD) and eHarmony suffer data breaches that allow millions of passwords to be released. (Reuters) Janet Yellen of…
Douglas A. McIntyre |

Media Digest (12/3/2010) Reuters, WSJ, NYT, FT, Bloomberg

Trading activity in several healthcare deals is being examined by federal authorities.(WSJ) Payroll numbers should have improved in November. The…
Douglas A. McIntyre |

Media Digest (11/15/2010) Reuters, WSJ, NYT, FT, Bloomberg

BHP Billiton (NYSE: BHP) abandoned its bid for Potah (NYSE: POT) and said it would begin a $4.2 billion buyback.…
Douglas A. McIntyre |

Media Digest (1/28/2011) Reuters, WSJ, NYT, FT, Bloomberg

The IMF “Fiscal Monitor” and ratings agencies have both warned Japan and the US on their growing debt loads (Reuters)…
Douglas A. McIntyre |

Media Digest (2/28/2011) Reuters, WSJ, NYT, FT, Bloomberg

The National Association for Business Economics said the deficit was its No.1 concern. (Reuters) Congress appears less likely to shut…
Douglas A. McIntyre |

Media Digest (2/8/2011) Reuters, WSJ, NYT, FT, Bloomberg

Regulators will push to keep Wall St. firms from side stepping regulations on financial firm pay. (Reuters) Toyota Motor’s (NYSE:…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618