Media Digest 1/7/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:  Cadbury (NYSE:CBY) has held private talks with Hershey (NYSE:HSY).

Reuters:   Oil dropped below $83 as China said it would tighten its energy policy.

Reuters:   GM will close Saab.

Reuters:   China’s central bank hiked yields.

Reuters:   The Fed’s Bullard said the US jobless rate would start to fall.

Reuters:   Samsung said 2010 should be much improved and its chip sales are strong.

Reuters:   Sony (NYSE:SNE) said its US holiday sales beat forecasts.

Reuters:   JAL may post a $13.3 billion loss

WSJ:   GM said it will post a profit this year.

WSJ:   Apartment vacancies hit 8% last year, a 50-year high.

WSJ:   The FDIC may tie fees to the risk undertaken by high-paid bank executives.

WSJ:   Fed officials were split over mortgage securities buybacks.

WSJ:   US airline stocks are moving up quickly.

WSJ:   California will seek US funds as its deficit grows.

WSJ:   The Justice Department will lead the review of the Comcast (NASDAQ:CMCSA)-NBCU deal.

WSJ:   TI (NYSE:TXN) will enter the e-read market with new chips.

WSJ:   AT&T (NYSE:T) will sell devices using the Google (NASDAQ:GOOG) Andriod OS.

WSJ:   The ADP report says job losses continued in December.

WSJ:   P&G (NYSE:PG) is pushing its well-known brands like Olay.

WSJ:   Bed, Bath & Beyond (NASDAQ:BBBY) sales rose.

WSJ:   US album sales fell 13% last year.

WSJ:   Small banks say that they are being hurt by the need to set aside more capital.

WSJ:   Congress is considering raising taxes on PE firms and hedge funds.

WSJ:   Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) are looking at stepping up competition with Amazon (NASDAQ:AMZN).

NYT:   Internet features are being built into more cars despite risks.

NYT:   Consumers are losing in the fight between cable companies and networks as many shows go off the air.

NYT:   The FDA will review Epogen, Aranesp and Procrit after a clinical trial suggested that high doses might cause strokes.

NYT:   New York will create a global insurance exchange.

NYT:  The Interior chief will review oil and gas leases.

Bloomberg:   Iron ore hit a one-year high.

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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