Media Digest 9/4/2009 Reuters, WSJ, NYT, 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 is making it difficult for foreigners to trade in its commodidites markets.

Reuters:   Toshiba will pay $5 billion for a unit of Areva.

Reuters:   The SEC and CFTC will align efforts to police markets.

Reuters:   The Fed’s Fisher sees near-term strength in the economy.

Reuters:   Low-priced retailers had improved sales last month.

Reuters:   Google (GOOG) appointed a new head of its China operations.

Reuters:   Santander’s Brazil unit will have a $5.6 billion IPO.

Reuters:   A dispute between American Airlines (AMR) and the FAA is escalating.

Reuters:   Gold is trading just below $1,000.

Reuters:   Congress will probe the SEC’s role in the Madoff matter.

Reuters:   Updates of the Apple (AAPL) iPod are expected to be unveiled  next week.

WSJ:   The FHA may see its reserves drop below the level mandated by Congress due to mortgage-related losses.

WSJ:   A judge limited the First Amendment rights of credit rating agencies.

WSJ:   States are shutting down temporarily to save cash.

WSJ:   Verizon’s (VZ) No. 2 executive plans to retire.

WSJ:   Sprint (S) will sell a phone with the Google (GOOG) Android system.

WSJ:   Nokia (NOK) launched development tools for its handset software.

WSJ:   Swine flu remained mild as vaccines are being developed.

WSJ:   Prime borrowers are falling further behind on mortgage payments at a faster rate than subprime holders did.

WSJ:   European leaders are looking for a way to cap bonuses at financial firms.

WSJ:   The fund industry is fighting legal challenger to funds fees.

WSJ:   The EC will probe the Oracle (ORCL) plan to buy Sun (JAVA).

WSJ:   The fight over ownership of the newspapers in Philadelphia is drawing to a close.

WSJ:   First Solar (FSLR) named a new CEO.

WSJ:   Boeing (BA) deliveries fell last month.

NYT:   More consumers are going bankrupt while waiting for loan modifications.

NYT:   Stores that usually benefit from back to school sales are doing poorly.

NYT:   China will buy $50 billion of First IMF bonds.

FT:   G-20 nations are working on way to exit stimulus programs.

FT:   Fox Business added Don Imus as its morning host.

FT:   Fannie Mae (FNM) and Freddie Mac (FRE) face a uncertain future.

Bloomberg:   G-20 leaders may postpone exits from stimulus programs.

Bloomberg:   Economist Joseph Stiglitz thinks the economy could contract again.

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

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