Media Digest 7/24/2009 Reuters, WSJ, NYTimes, FT. Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters: Microsoft’s (MSFT) results and forecast were weak.

Reuters:   CIT (CIT) may sell its aviation finance business.

Reuters:   Fatigue at the Fed is leading to questions about its expanded role.

Reuters:   Twitter will pitch add-on tools to businesses.

Reuters:   Vodafone (VOD) stuck to its full-year forecast.

Reuters:   Amex (AXP) and Capital One (COP) had large cars losses.

Reuters:   Now that Merck (MRK) is buying Medares (MEDX), investors want to know which biotech deal is next.

WSJ:   The Fed unveiled rules to protect borrowers.

WSJ:   Oil moved above $67.

WSJ:   Defense firms say their business is solid.

WSJ:   The New York Times (NYT) said it would push cost cuts and sell off some businesses.

WSJ:   Amazon (AMZN) was hit by weak video game sales.

WSJ:   The AP will monitor online use of its content.

WSJ:   California will have more budget problems next year.

WSJ:   The bad US economy has created a risk of deflation around the world.

WSJ:   The Bank for International Settlements said the withdrawal of large bank activity from global markets is risky.

WSJ:   GM said the number of bidders for Opel is narrowing.

WSJ:   UPS (UPS) said the future would be tough.

WSJ:   Large advertising firms said their business has bottomed.

WSJ:   NetFlix (NFLX) added more new subscribers.

NYT:   Jobless checks are being held in some states with troubled finances.

NYT:   Sales of Tamiflu helped Roche results.

NYT:   Home sales rose for the third month in June.

FT:   Citigroup (C) asked a Fannie Mae (FNM) director to join its board.

FT:   Fortress plans to go on a buying spree.

Bloomberg:   JPMorgan (JPM) increased some banker salaries for next year.

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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