Media Digest 9/2/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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newspaperReuters:   Sales  growth of Ford (F) and Hyundai topped other car companies.

Reuters:   The EU could slow a takeover of Sun (JAVA) by Oracle (ORCL).

Reuters:   Home sales and factory orders signaled an end to the recession.

Reuters:   Executives a bailed out banks may make millions on stock options.

Reuters:   Some analysts were skeptical about Bank of America’s (BAC) plan to repay part of its TARP money.

Reuters:   The Disney (DIS) buyout of Marvel (MVL) may take some time to pay off.

Reuters:   Hollywood is looking to India and China for capital.

Reuters:   American (AMR) will cut more than 900 flight attendant jobs.

WSJ:   Back-to-school sales were weak raising questions about the holiday season.

WSJ:   The mortgage industry wants Fannie Mae (FNM) and Freddie Mac (FRE) turned into smaller private companies.

WSJ:   Several new transactions may show the M&A market has bottomed.

WSJ:   Sales at GM and Chrysler dropped last month.

WSJ:   Sony (SNE) plans to launch 3D TV.

WSJ:   The government stimulus package seems to be helping the economy.

WSJ:   eBay (EBAY) sold two-thirds of Skype to an investor group.

WSJ:   Radio firms are trying to get lenders to change terms of  loans to keep them afloat.

WSJ:   Long-term holdings of equities may not be the best way for investors to make money.

WSJ:   The EU Chamber of Commerce says that it is becoming more difficult to do business in China.

WSJ:   Take-Two (TTWO) sales fell 68% and the company posted a loss.

WSJ:   The global economy is gaining steam.

WSJ:   Joblessness in large cities is still rising quickly.

WSJ:   Citigroup (C) is attracting buyers for its call center in Japan.

WSJ:   Deutsche Bank (DB) will close a popular oil ETF.

WSJ:   Wells Fargo (WFC) plans to return $25 billion to the US government without selling new stock.

WSJ:   Chinese property developers are racing to get out IPOs.

WSJ:   CIT (CIT) will defer an interest payment.

NYT:   Manufacturing improved after 18 weak months.

NYT:   Pharma companies are risking huge R&D sums to find cancer treatments.

NYT:   There is still concern that the advertising market will not recover quickly.

NYT:   Problems in commercial real estate are just beginning.

NYT:   Freedom Communications filed for bankruptcy.

NYT:   The early adoption of technology is becoming more mainstream.

FT:   Asian car makers are increasing their market share in the US.

FT:   US media lost $10 billion in advertising in the first half of the year.

FT:   The WTO warned of protectionism due to the downturn.

Bloomberg:   RHJ upped its offer for Opel.

Bloomberg:   Alcatel-Lucent (ALU) plans to raise a large sum of money.

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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