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Media Digest (8/16/2012) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published
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Standard Chartered continues to seek an agreement with the U.S. government to settle money laundering charges. (Reuters)

The new Samsung tablet has a unique split screen technology. (Reuters)

A judge presses for Apple Inc. (NASDAQ: AAPL) and Samsung to settle a patent case before a final verdict. (Reuters)

Sharp begins efforts to sell its solar division. (Reuters)

Cisco Systems Inc.’s (NASDAQ: CSCO) profits rise 56% and its increases its dividend. (WSJ)

JP Morgan Chase & Co. (NYSE: JPM) was at the heart of efforts to salvage Knight Capital Group Inc. (NYSE: KCG) (WSJ)

Profits at PC firm Lenovo rise 30%. (WSJ)

Bribery charges have come under more scrutiny at Walmart de Mexico. (WSJ)

Dish Network Corp. (NASDAQ: DISH) will introduce satellite broadband. (WSJ)

Short sellers have built positions ahead of the end of share lockup at Facebook Inc. (NASDAQ: FB). (WSJ)

Farmland prices in the plains states are up, but will be undercut by the drought. (WSJ)

Neiman Marcus begins the IPO process. (WSJ)

A new offer to unions by Caterpillar Inc. (NYSE: CAT) causes arguments among labor factions. (WSJ)

Nasdaq OMX Group Inc. (NASDAQ: NDAQ) listings pick up again after the Facebook fiasco. (WSJ)

Demand for junk bonds rises even as analysts warn on risks. (NYT)

It is unlikely that any criminal charges will be filed in the collapse of MF Global. (NYT)

New research shows that municipal bonds as less safe that traditionally believed. (NYT)

A new study from Georgetown shows that jobs losses among the undereducated have worsened. (NYT)

The New York probe of Libor rate fixing spreads to several banks, including Deutsche Bank AG (NYSE: DB), Citigroup Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM), Royal Bank of Scotland Group PLC (NYSE: RBS), Barclays PLC (NYSE: BCS), HSBC Holdings PLC (NYSE: HBC) and UBS AG (NYSE: UBS). (FT)

Brazil introduces a $66 billion stimulus package. (FT)

Facebook speeds the process to close a deal to buy Instagram. (FT)

Spain sets conditions on its banks to increase the rate at which an EU bailout is put in place. (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.

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