Media Digest 10/28/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   The Nielsen survey shows consumer confidence up in the US for the first time since 2007.

Reuters:   Obama’s financial reforms are advancing in Congress.

Reuters:   The pay czar said his authority should not be expanded.

Reuters:   Obama’s “too big to fail” bill would curb bailouts.

Reuters:   The ex-CEO of AMD (NYSE:AMD) may have given tips to a Galleon information source.

Reuters:   Treasury may have to provide more money for GMAC.

Reuters:   FedEx (NYSE:FDX) and UPS (NYSE:UPS) clashed over a bill on labor rules.

Reuters:   Visa’s (NYSE:V) earnings beat forecasts.

WSJ:   The pay czar increased base salaries at many firms.

WSJ:   Hilton’s debt is becoming a problem for Blackstone (NYSE:BX).

WSJ:   A new poll shows Americans are more pessimistic about the economy.

WSJ:   The UAW is fighting some concessions to Ford (NYSE:F).

WSJ:   The search for a CEO for Bank of America (NYSE:BAC) is facing hurdles.

WSJ:   Broadcast TV owners are pressing cable firms to pay for carrying their channels.

WSJ:   The SEC is questioning Apollo on revenue recognition policies.

WSJ:   IAC (NASDAQ:IACI) is open to selling its search business.

WSJ:   IBM (NYSE:IBM) extended its share buyback.

WSJ:   Motorola (NYSE:MOT), Palm (NASDAQ:PALM) and HTC are having trouble getting their smartphones to stand out.

WSJ:   Large financial firms may have to pay some costs of a collapse of a competitor.

WSJ:   The dollar is the currency of choice in black markets.

WSJ:   S&P put the mortgage insurance divisions of seven companies on watch.

WSJ:   The SEC wants more power over asset-backed securities.

WSJ:   Franklin Resource (NYSE:BEN) had a good quarter.

WSJ:   Cost cutting will only get BP (NYSE:BP) so far.

WSJ:   Online retailers are pushing better service to pick up market share.

WSJ:   More car companies are looking at the design of Chinese autos which are selling outside it home market.

WSJ:   Nokia (NYSE:NOK) released a new smartphone for China.

WSJ:   The FCC may take some TV airwaves and auction them off for wireless internet.

WSJ:   The FTC is monitoring tech competition issues.

WSJ:   McDonald’s (NYSE:MCD) is gaining market share in the fast food sector.

NYT:   Reva, which makes electric cars, may have a strong future in that sector.

FT:   A new law may force some financial firms to sell risky businesses.

FT:  The CEO of  UAL (NASDAQ:UAUA) say that there is still too much capacity in the industry.

Bloomberg;  SAP (NYSE:SAP) cut its full-year sales forecasts.

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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