Media Digest (10/31/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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newspaperReuters:   The US economy is stable but risks remain according to Geithner.

Reuters:   JPMorgan (NYSE:JPM) raised concerns about Galleon in 2001.

Reuters:   As many as five million Americans have been infected with H1N1.

Reuters:   Sony (NYSE:SNE) posted a fourth straight quarterly loss.

Reuters:   CIT (NYSE:CIT) is seen filing for bankrupcy soon.

Reuters:   A House committee has approved a consumer advocacy agency.

WSJ:   Consumer spending is unlikely to keep the pace of Q3.

WSJ:   Samsung’s profit more than tripled.

WSJ:   The House healthcare bill will be tough on drugmakers’ financials.

WSJ:   A book price war including Amazon (NYSE:AMZN) and Wal-Mart (NYSE:WMT) has caused the companies to limit the copies they sell to keep small booksellers from taking advantage of the prices.

WSJ:   The government is looking at increasing its ability to shrink large banks that may face financial problems.

WSJ:   Citadel is allowing investors to pull out funds.

WSJ:   Blackstone (NYSE:BX) launched a Shanghai investment unit.

WSJ:   Intel (NASDAQ:INTC) sees an improvement in business spending.

WSJ:   The stimulus fueled much of the Q3 expansion.

WSJ:   Swiss banks are losing their richest European clients.

WSJ:   Chinese-made turbines will power a large US wind farm.

WSJ:   Investors are worried about Nintendo’s next move as Wii sales drop.

WSJ:   The Apple (NASDAQ:AAPL) iPhone will carry a very high price in China.

NYT:   The head of the FDIC criticized plans by the White House to unwind large banks.

NYT:   The IMF raised its forecast for growth in Asia.

NYT:   Time, Inc (NYSE:TWX) is expected to make large layoffs to cut $100 million in costs.

FT:   China and the US are working to cut tensions over trade.

Bloomberg:   Bankers expect rising bonus pay to hit an annual record.

Bloomberg:   Alcatel-Lucent’s (NYSE:ALU) loss rose.

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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