Media Digest (12/3/2012) Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Published
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Media summariesChina’s PMI steps up in November. (Reuters)

Greece begins to buy back some of its high-yield bonds. (Reuters)

Delta Air Lines Inc. (NYSE: DAL) may buy Virgin Atlantic. (Reuters)

Martin Marietta Materials Inc. (NYSE: MLM) may buy Vulcan Materials Co. (NYSE: VMC). (WSJ)

Large ad companies, including WPP PLC (NASDAQ: WPPGY) and Interpublic Group of Companies Inc. (NYSE: IPG), lower their forecasts for spending next year. (WSJ)

More and more economists expect jobs to pick up next year. (WSJ)

Same-day delivery by e-commerce firms cuts margins considerably. (WSJ)

Cerberus may buy Supervalu Inc. (NYSE: SVU). (WSJ)

Netflix Inc. (NASDAQ: NFLX) continues to add to its original programming. (WSJ)

UBS A.G. (NYSE: UBS) may pay U.S. and U.K. regulators $450 million because it manipulated profits. (NYT)

Some analysts expect the fiscal cliff effect on business and personal spending to be muted. (NYT)

DVRs hurt the ratings of NBC and CBS Corp. (NYSE: CBS). (NYT)

Concerns about higher taxes prompt U.S. corporations to increase deals before year’s end. (FT)

Starbucks Corp. (NASDAQ: SBUX) tries to settle claims with the United Kingdom that it pays too little in taxes. (FT)

Angela Merkel suggests she may accept a write-down of Greek debt. (Bloomberg)

Nokia Corp.’s (NYSE: NOK) ability to connect to fast networks that Apple Inc. (NASDAQ: AAPL) cannot may help the struggling firm. (Bloomberg)

Singapore Air may sell a piece of Virgin Atlantic. (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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