Media Digest 4/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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newspaper3According to Reuters, HSBC (HBC) has a successful rights offering to raise $18.9 billion.

Reuters reports that a deal for IBM (IBM) to by Sun (JAVA) is near collapse.

Reuters writes that Geithner denies that the Administration CEO pay limits.

Reuters reports that GM’s (GM) CEO said that bankruptcy is an option for his company.

Reuters reports that Revolution Money which competes with Visa (V) and Ebay’s (EBAY) PayPal got $42 million from Goldman Sachs (GS).

Reuters reports that the Sony (SNE) PS3 outsold Nintendo’s Wii in Japan during March.

Reuters reports that MGM Grand (MGM) hired bankers to sell some of its casino assets.

Reuters reports that a key labor contract between AT&T (T) and one of its unions expired.

Reuters reports that the estimated cost of the bailout for taxpayers jumped according to a recent survey.

The Wall Street Journal reports that regulators will gather this week to talk about how to evaluate bank “stress tests.”

The Wall Street Journal reports that there is opposition to bolstering the Securities Investor Protection Corp which made payouts to some Madoff victims.

The Wall Street Journal writes that R&D money held steady in the final quarter of last year despite the recession.

The Wall Street Journal reports that Russia’s OAO Gazprom says it may have to cut its multibillion-dollar investment program amid collapsing demand for natural gas.

The Wall Street Journal reports that Sprint (S) is pushing the strength of its network to transfer data.

The Wall Street Journal reports that Google (GOOG) is facing a trademark suit over its AdWords program.

The Wall Street Journal reports that the market rally is about to hit the earnings season.

The Wall Street Journal reports that frugality may outlast the recession.

The Wall Street Journal reports that new retail sales data will show whether the consumer spending slump is slowing.

The Wall Street Journal reports that Lincoln National is facing two big debt payments.

The Wall Street Journal reports that some GE (GE) investors are getting nervous as earnings season approaches.

The Wall Street Journal reports that a new ETF will let investors bet on housing prices.

The Wall Street Journal reports that Lenovo says PC demand in China is rising.

The New York Times reports there is opposition to a plan to limit short selling.

The New York Times reports that micro-billing is becoming more common on cellphones.

The New York Times reports that NewYork-Presbyterian will begin offering digital health records.

The New York Times reports that T-Mobile will start to sell home phones with Google (GOOG) Android software.

The FT reports that the US is prepared to oust bank chiefs.

The FT reports that the IMF is pushing Eastern European countries to adopt the Euro.

The FT reports that trading for clients is lifting bank revenues.

The FT reports that Facebook is bringing in new users with online gambling.

Bloomberg reports that Alcoa (AA) may have an earnings free fall but Dow Chemical (DOW) may show recovery.

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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