Media Digest 11/6/2009 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.

Reuters:   The Wall St. insider trading probe lead to another 14 arrests.

Reuters:   Fannie Mae (NYSE:FNM) lost $19 billion and asked Treasury for money.

Reuters:   GM is readying its plans for Opel as some of its workers went on strike.

Reuters:   The pay czar says the jury is still out on reforms.

Reuters:   Stock exchanges are under pressure to defend business against new electronic competition.

Reuters:   CBS (NYSE:CBS) beat earnings.

Reuters:   The head of the SEC said the agency should be self-funding.

Reuters:   Starbucks (NYSE:SBUX) raised its outlook.

WSJ:   Money moving into commodities has slowed and the markets may drop.

WSJ:   A federal cap on interest rates paid by weak banks could accelerate closings.

WSJ:   Wal-Mart (NYSE:WMT), Amazon (NASDAQ:AMZN), and Target (NYSE:TGT) are  starting to cut prices on DVDs.

WSJ:   British Air will make 3,000 more job cuts.

WSJ:   Sirius XM (NASDAQ:SIRI) showed financial improvement in the last quarter.

WSJ:   The FTC is investigating CVS Caremark (NYSE:CVS).

WSJ:   Microsoft (NASDAQ:MSFT) Windows 7 sales are off to a strong start.

WSJ:   JDA Software (NASDAQ:JDSA) is buying i2 Technologies (NASDAQ:ITWO).

WSJ:   Productivity moved up in Q3.

WSJ:   Hyatt (NYSE:H) and Ancestry (NASDAQ:ACOM) moved up after their IPOs.

WSJ:   Exxon (NYSE:XOM) and Shell won rights to drill at large oil field in Iraq.

WSJ:   IMS will be bought by private equity interests.

WSJ:   Borders (NYSE:BGP) will close 200 stores.

WSJ:   US retail spending rose in October.

NYT:   BioCryst Pharmaceuticals has developed a new H1N1 treatment.

NYT:   Some in Congress are concerned that a Texas wind farm that would get stimulus could create more jobs in China than the US.

NYT:   One of the methods for bank bailouts have allowed large financial firms to save $25 billion in borrowing costs.

NYT:  EU trade barriers are rising with the recession.

NYT:   A judge ruled against tobacco companies trying to dodge FDA regulations.

NYT:   The US imposed duties on steel pipes from China.

NYT:   Lenovo’s quarterly profits rose sharply.

FT:   Citigroup (NYSE:C) will relaunch its troubled hedge fund unit.

FT:   USB (NYSE:UBS) staff speculated with client accounts.

FT:   Google (NASDAQ:GOOG) unveiled a privacy tool.

Bloomberg:   Schumer urged Obama to block stimulus funds for a China- backed wind farm.

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