Media Digest (10/23/2009) 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:   Japan Airlines faces $8.8 billion in excess debt if liquidated.

Reuters:   Amazon (NASDAQ:AMZN) beat Wall St. estimates.

Reuters:   GM’s CEO will get a pay raise.

Reuters:   Nokia (NYSE:NOK) sued Apple (NASDAQ:AAPL) over patent infringement.

Reuters:   Bank of America (NYSE:BAC) hit back at compensation cuts by the pay czar.

Reuters:   American Express (NYSE:AXP) numbers beat forecasts.

Reuters:   CIT (NYSE:CIT) and Goldman Sachs (NYSE:GS) reached an agreement over a large CIT dividend payment.

Reuters:   Booksellers are asking the Justice Department to look into the price wars among online sellers including Amazon (NASDAQ:AMZN), Wal-Mart (NYSE:WMT), and Target (NYSE:TGT).

WSJ:   The Fed hit banks with sweeping pay limits.

WSJ:   Calpers is reviewing its ties with Apollo Management.

WSJ:   AT&T (NYSE:T) and Google (NASDAQ:GOOG) are battling over net neutrality rules.

WSJ:   Online premium video site Hulu will start to charge for content.

WSJ:   Caterpillar (NYSE:CAT) picked at insider to be its next CEO

WSJ:   Ballmer, which has presided over tough times at Microsoft (NASDAQ:MSFT), gets to have some pleasure in good reviews of Windows 7.

WSJ:   The federal home buyer credit is drawing tax cheats.

WSJ:   Credit Suisse (NYSE:CS) posted an impressive profit.

WSJ:   Dole Foods IPO was priced at $12.50.

WSJ:   There will be several Treasury auctions next week.

WSJ:   Chrysler’s board is pushing back against its new CEO, the head of Fiat.

WSJ:   Fortune Magazine will publish 18 times a year instead of 25.

WSJ:   Wal-Mart (NYSE:WMT) expects strong sales gains next year.

NYT:   The Fed plans to discourage risky pay packages.

NYT:   A key Obama adviser said unemployment would go above 10% and the recovery would remain slow.

NYT;   A House committee cleared the way for an agency that would monitor consumer lenders for abuse.

NYT:   Russia dropped a $22 billion suit against The Bank of New York.

Bloomberg:   The Las Vegas  Sands (NYSE:LVS) is looking for more funds to expand in Macau.

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