Media Digest 12.31.2010 Reuters, WSJ, NYT, FT, Bloomberg

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

Jobless data and factory PMI raised hope about the recovery (Reuters)

Facebook move past Google (NASDAQ: GOOG) as the most visited site in the US (Reuters)

Crude is up 12% this year (Reuters)

A virus has attacked Android powered phones in China (Reuters)

Research In Motion (NASDAQ: RIMM) said the battery in its Playbook tablet would have a life competitive to other tablets (Reuters)

IPO legal experts said the US is losing its appeal for global offerings because of regulations (Reuters)

Credit card companies have asked the Fed to allow credit to be determined by household and not individual income (WSJ)

The FDA only approved 21 drugs in 2010, a sign of how difficult it is for pharma companies to refill pipelines (WSJ)

China has begun to make it more difficult for Skype to do business there (WSJ)

China will extend tax benefits for the purchase of fuel efficient cars (WSJ)

Data shows online sales rose 13% for the holidays. (WSJ)

The IMF said that Pakistan must cut its deficit (WSJ)

Borders Group (NYSE: BGP) has begun to delay payments to publishers, a sign of financial distress. (WSJ)

Abengoa Solar will build a plant that generates power after sundown (WSJ)

Dynamic Funds, started recently, turned in the best performance of any equity fund in 2010 (WSJ)

Developing nations bought more dollars and fewer euros in the third quarter (WSJ)

Groupon got $500 million in new investment from Fidelity, Morgan Stanley (NYSE: MS), T. Rowe Price (NYSE: TRW) and others (WSJ)

The US will sell its stake in Ally, formerly known as GMAC (WSJ)

New Basel III liquidity rules will hurt small banks (FT)

China increased the dividends of state owned companies (FT)

Deutsche Bank (NYSE: DB) has challenged JP Morgan’s (NYSE: JPM) lead in bond issues. (Bloomberg)

Commodities prices beat stocks, bonds, and the dollar in 2010 (Bloomberg)

Junk bond prices showed more signs that the recovery in underway (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