Financial News Digest: Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published
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Factory orders in China, Taiwan and South Korea are off as exports taper down. (Reuters)

The federal government starts its case against Apple Inc. (NASDAQ: AAPL) made on the basis of e-book price fixing. (Reuters)

Goldman Sachs Group Inc. (NYSE: GS) becomes part of the debt consortium for Alibaba as the Chinese company readies an initial public offering. (Reuters)

ARM Holdings PLC (NASDAQ: ARMH) will release a new chip for portable devices as its continues to compete with Intel Corp. (NASDAQ: INTC). (Reuters)

Increases in Treasury yields hurt the value of dividend stocks. (WSJ)

Dell Inc. (NASDAQ: DELL) will sell laptops that have functions similar to tablets. (WSJ)

SAC Capital Advisors may lose $3.5 billion in investments because of insider trading concerns. (WSJ)

Under Armour Inc. (NYSE: UA) will do more to compete with Nike Inc. (NYSE: NKE) and Adidas overseas. (WSJ)

China benefits from the revived oil industry in Iraq. (NYT)

Apple begins to set deals to create an Internet radio business. (NYT)

Google Inc. (NASDAQ: GOOG) may pass Apple in app downloads as Android gains share. (FT)

Microsoft Corp. (NASDAQ: MSFT) will cut the price of Windows for small tablets to better compete with Apple. (Bloomberg)

The International Air Transport Association expects airline profits to rise 20% this year because of better seat management. (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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