Media Digest (10/19/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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newspaperReuters:   US corporations are concerned about the weakness of the dollar.

Reuters:   Bernanke says that global imbalances in trade and cash flows must be addressed.

Reuters:   Wal-Mart (NYSE:WMT) is attacking new markets with huge price cuts.

Reuters:   Obama Administration officials say big Wall St. bonuses are “obscene”

Reuters:   Symantec (NASDAQ:SYMC) said millions of computers have fake security software.

Reuters:   The government is getting ready to file a number of insider trading charges.

Reuters:   Google (NASDAQ:GOOG) is taking its Apps business global and claims to have two million customers.

Reuters:   UBS (NYSE:UBS) sent a registered letter to clients about tax issues.

Reuters:   Amazon’s (NASDAQ:AMZN) Kindle should easily hold its e-reader market lead through the holidays.

Reuters:   CME is in informal talks to take over CBOE.

Reuters:   Blackstone (NYSE:BX) will begin to invest in theme parks.

Reuters:   Germany says EU concerns will not hurt Opel deal.

WSJ:   Drug companies should benefit from expanded healthcare by getting more insured customer. Insurance companies should be hurt by more competition.

WSJ:   Vivendi and GE (NYSE:GE) are about $500 million apart in a deal for the European firm to sell its stake in NBCU.

WSJ:   Employer-subsidized retirement benefits and employer-paid health care are both being undermined by the recession.

WSJ:   Money managers are facing smaller bonuses.

WSJ:   GM’s support for the Opel deal is being tested.

WSJ:   The Administration is pushing Arab states to export more to China so the Asian nations will not do business with Iran.

WSJ:   CIT (NYSE:CIT) is sweetening its offer to bondholders.

WSJ:   Nokia (NYSE:NOK) and Sony Ericsson (NYSE:SNE)(NASDAQ:ERIC) are focusing more on margins.

WSJ:   Apple (NASDAQ:AAPL) is being burdened by quickly rising expectations.

WSJ:   The US dollar may have further to fall.

WSJ:   Junk bond investors think the market may be peaking.

NYT:   The arrest of Raj Rajaratnam has rattled the hedge fund industry.

NYT:   Some  businesses are profiting from the fall of the US dollar.

NYT:   Nokia’s market share in the US is falling quickly.

FT:   Citigroup (NYSE:C) may have to sell Banamex because of Mexican legal rulings.

FT:   Russia is trying to raise $18 billion in the international bond markets.

FT:   Barclays CEO warned on regulation of banks and bonuses.

Bloomberg:   Gold may move toward $2,000.

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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