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

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Nissan’s fiscal fourth-quarter profit rises 46%. (Reuters)

Carl Icahn and Southeastern will offer an alternative to the Dell Inc. (NASDAQ: DELL) buyout. (WSJ)

ArcelorMittal (NYSE: MT) earnings are hit by lower steel shipments. (WSJ)

Amazon.com Inc. (NASDAQ: AMZN) may release a 3D smartphone. (WSJ)

The National Association of Realtors reports that home prices rose by the largest amount in seven years in the first quarter. (WSJ)

Poor weather hurts April retail sales. (WSJ)

AT&T Inc. (NYSE: T) starts a new prepaid wireless program. (WSJ)

Chrysler faces production problems in China as it tries to increase Jeep sales. (WSJ)

Microsoft Corp. (NASDAQ: MSFT) develops a home set-top box. (WSJ)

China auto sales rise 13% in April. (WSJ)

Google Inc.’s (NASDAQ: GOOG) YouTube launches several paid channels. (WSJ)

J.P. Morgan Chase & Co (NYSE: JPM) moves away from the California energy market as officials pressure trading practices. (WSJ)

The FCC may encourage airlines to offer faster broadband. (NYT)

Fannie Mae will pay $59 billion to the Treasury as it reimburses part of the support it got during the financial crisis. (FT)

Nissan’s profit improvement is the least among major Japanese car companies. (Bloomberg)

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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