Media Digest 11/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   Saab’s failure to be bought shows that Chinese companies are having trouble moving into Western markets through M&A.

Reuters:   AIG (NYSE:AIG) and former CEO Greenberg settled legal issues between them.

Reuters:   Dubai will put a six month standstill to debt payments.

Reuters:   Fannie Mae (NYSE:FNM) may tighten lending standards.

Reuters:   Improved consumer numbers help increase market optimism.

WSJ:   Toyota (NYSE:TM) will fix pedals on four million cars.

WSJ:   The building of many factories in China as part of its stimulus package could flood the world with goods due to manufacturing overcapacity.

WSJ:   GM will keep all of its plants in Germany.

WSJ:   The White House is considering creating a panel to address the deficit.

NYT:   Many retailers are extending deals beyond Black Friday

FT:   Hershey (NYSE:HSY) is closer to a bid for Cadbury (NYSE:CBY).

Bloomberg:   GE (NYSE:GE) may be closer to selling control of NBCU to Comcast (NASDAQ:CMCSA) as Immelt meets with the head of Vivendi to get it to sell its 20% share in the entertainment company.

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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