Media Digest 1/4/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   Novartis (NYSE:NVS) will buy the part of Alcon (NYSE:ACL) that it does not currently own for $39 billion.

Reuters:   JAL may receive a bailout from the Japanese government.

Reuters:   The Fed defended it policies from before the recession and predicted slow economic growth.

Reuters:   Kraft (NYSE:KFT) may raise its bid for Cadbury (NYSE:CBY) in the next two weeks.

Reuters:   December retail sales probably rose but spring will probably be difficult.

WSJ:   The number of brokers at major Wall St. firms is shrinking and they are losing clients to financial advisors.

WSJ:   Bernanke said rate hikes may be an option to prevent bubbles.

WSJ:   Some analysts are using demand for metals and railroads to gauge the recovery.

WSJ:   The US faces credibility issues over shrinking the deficit and national debt.

WSJ:   The government gave Delta (NYSE:DAL) the go ahead to finish the integration of NWA.

WSJ:   Cinema ticket sales moved ahead of DVDs for the first time since 2002.

WSJ:   Samsung reported higher LED TV sales.

WSJ:   Car sales are likely to have moved up sharply in December.

WSJ:   Broadcasters are closer to offering mobil TV.

WSJ:   AMD (NYSE:AMD) will start to proved chips to Lenovo.

WSJ:   Ad sales for magazines and newspapers moved up late in the year.

WSJ:   Employers may have stopped firing people but they are unlikely to start hiring again.

WSJ:   The coming week will be telling as the Treasury goes to the market for billions of dollars.

WSJ:   Fifty-three IPO plans were filed in the fourth quarter.

WSJ:   Japan is risking a third “lost decade.”

WSJ:   Investors are reconsidering companies that were in trouble early last year.

NYT:   Consumers are likely to pay higher cable bills as carriers pay more for content.

NYT:   Hollywood is working on plans to allow consumers to buy or rent movies and play them on any consumer electronics device.

NYT:   The apps business, so successful for the Apple (NASDAQ:AAPL) iPhone, is moving to much simpler handsets.

NYT:   Skype will allow people to watch TV apart from one another and chat about shows.

NYT:   Mittel (NYSE:MIT) will provide toys for the World Wrestling Federation.

FT:   China and India are leading the Asia recovery.

FT:   Wal-Mart (NYSE:WMT) will try to cut supply chain costs.

FT:  A new category of devices, smartbooks, are going to threaten the growth of netbooks.

Bloomberg:   Pimco is cutting Treasury holdings and getting cautious on corporate debt.

Bloomberg:   Warren Buffett’s Berkshire Hathaway (NYSE:BRK) had its worst performance against the S&P in a decade.

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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