Media Digest 9/10/2009 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:   GM has made its decision on Opel and will announce it today.

Reuters:   Foreign car makers are having trouble with the affluent market in China

Reuters:   Steve Jobs made a presentation at Apple’s (AAPL) latest public meeting.

Reuters:   OPEC will hold prices steady.

Reuters:   Google (GOOG) plans new mirror technology to improve solar power.

Reuters:   Bank of America (BAC) is pushing an SEC settlement but rejected new charges by Cuomo.

Reuters:   The Fed says the recession is over but the job outlook is bad.

Reuters:   A new report says foreclosures will peak in late 2010.

Reuters:   The head of Goldman Sachs (GS) says outrage over Wall St. pay is justified.

Reuters:   Texas Instruments (TXN) raised its forecasts.

WSJ:   The FDIC will phase out a program to help banks which will test how the industry will do without the help.

WSJ:   A judge ordered UBS (UBS) to set aside $35 billion in cash involving sales of complex debt instruments.

WSJ:   The US is bracing for a long flu season.

WSJ:   Kraft (KFT) is trying to get more share of overseas markets which Cadbury has.

WSJ:   AT&T (T) will boost its 3G network in six cities.

WSJ:   Job openings fell to a record low in July.

WSJ:   The government mortgage-aid plan has had poor results.

WSJ:   China shippers and airlines may default on oil-derivative contracts sold to them by foreign banks.

WSJ:   Comcast (CMCSA) may buy more cable companies.

WSJ:   Sales growth at McDonald’s (MCD) slowed.

NYT:   Tech companies are pushing to digitize medical records with $10 billion in government aid on the table.

NYT:   Merck (MRK) and GlaxoSmithKline (GSK) are competing for selling drugs that treat the human papillomavirus.

NYT:   The New York Times (NYT) is in no rush to sell The Boston Globe.

FT:   The head of Goldman Sachs admits that banks lost control of complex instruments.

FT:   Brazil found a deep water oil field which could become on of the largest in the world.

FT:   US interest rates should be steady in the near term.

Bloomberg:   The Bank of China sees stock and real estate bubbles in many parts of the country.

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