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Media Digest (4/26/2013) Reuters, WSJ, NY Times, FT

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By Douglas A. McIntyre Published
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First-quarter gross domestic product probably will run about 3%, but the momentum likely has fallen off since. (Reuters)

The Bank of Japan believes it can reach its inflation targets by 2015. (Reuters)

Amazon.com Inc.’s (NASDAQ: AMZN) growth slows in the first quarter but margins are better because of lower marketing costs and profits in noncore businesses. (Reuters)

Research firm IDC reports that Apple Inc. (NASDAQ: AAPL) lost more global market share in smartphones in the first quarter, down to 17.3% from 23% in the same quarter a year ago. (Reuters)

Samsung Electronics profits grew in the most recent quarter, ahead of the launch of the Galaxy S4. (Reuters)

George Soros buys 7.9% of the shares of J.C. Penney Co. Inc. (NYSE: JCP). (Reuters)

Results at U.S. banks drop as borrowing falls. (Reuters)

Vodafone Group PLC (NASDAQ: VOD) wants $30 billion more for its 45% share in Verizon Wireless than Verizon Communications Inc. (NYSE: VZ) is willing to pay. (WSJ)

Fred Amoroso, the chairman of Yahoo! Inc. (NASDAQ: YHOO), resigns. (WSJ)

The chief executive of United Continental Holdings Inc. (NYSE: UAL) says that many of the integration problems of the merger that created the company are gone. (WSJ)

Starbucks Corp.’s (NASDAQ: SBUX) second-quarter earnings rise 26% on strong sales in Asia and the United States. (WSJ)

Debt taken on by Dish Network Corp. (NASDAQ: DISH) to buy Sprint Nextel Corp. (NYSE: S) could swamp the wireless company’s results. (WSJ)

The recession in southern Europe could spread to Germany and other northern European nations. (NYT)

A system that allows electric car owners to send power back to their power companies becomes a financial success. (NYT)

Samsung warns that the growth of smartphone sales could slow. (FT)

Searches for financial terms from the markets may be able to help predict store prices. (FT)

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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