Media Digest 8/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

newspaperReuters:   China Investment Corp will put $2 billion into US mortgages.

Reuters:   The US pay czar says be can “claw back” executive compensation.

Reuters:   Japan is pulling out of its recession.

Reuters:   China will appeal a WTO ruling on entertainment imports.

Reuters:   Chrysler will make a Fiat in Mexico.

Reuters:   UBS (UBS) will name 5,000 account holders under its deal with the US.

Reuters:   Regulators want bids for Guaranty Financial Group today.

Reuters:   Toyota (TM) will end output at a GM plant next year.

Reuters:   Porsche and VW may merge before 2011.

WSJ:   The UBS tax crackdown has moved to Hong Kong.

WSJ:   NY State will sue Schwab (SCHW) over sales of auction rate securities to its clients.

WSJ:   The FDIC is facing bank failures of financial firms which are worse off than those during the S&L crisis.

WSJ:   The chances that Obama’s health care reform will be passed are getting worse.

WSJ:   Indian outsourcing firms are targeting Japan.

WSJ:   The use of 3D is heading toward the home TV.

WSJ:   Airlines are worried that they will not be helped much by the recovery.

WSJ:   There are a number of roadblocks to the DJIA rising further now that it is up 42%

WSJ:   Home improvement stocks may underperform the market.

WSJ:   China may pass laws regulating local currency private equity firms just as Blackstone (BX) enters the market.

WSJ:   The Administration is revamping Fannie Mae (FNM) and Freddie Mac (FRE) with a new model.

WSJ:   The site FT.com may be a model for other sites that want readers to pay for content.

WSJ:   News Corp’s (NWS) Fox Business may sign Don Imus to be its morning host.

FT:   Financial results from EU businesses are trailing those in the US and UK

Bloomberg:   More commodities traders are earning $1 million bonuses on moves in oil and copper.

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.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618