Media Digest 2/4/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:  Toyota (NYSE:TM) said it would have charges of $2 billion for recalls, but posted a profit last quarter and improved its forecasts.

Reuters:   Shell’s (RDS.A) profits fell sharply.

Reuters:   Sony (NYSE:SNE) posted its first profit in five quarters.

Reuters:   Google (NASDAQ:GOOG) and the NSA may team on cyberattack measures.

Reuters:   Healthcare spending will be a larger part of the economy.

Reuters:   Cisco (NASDAQ:CSCO) easily beat estimates.

WSJ:   Government programs will account for half of all healthcare spending next year.

WSJ:   Tech spending is bouncing back

WSJ:   Pfizer (NYSE:PFE) plans to cut R&D.

WSJ:   Monster (NYSE:MWW) bought HotJobs from Yahoo! (NASDAQ:YHOO).

WSJ:   Zale is trying to get cash from suppliers.

WSJ:   AOL (NYSE:AOL) said the ad slump is not over.

WSJ:   Rising productivity could hurt jobs growth.

WSJ:   MetLife (NYSE:MET) financials may be hurt by a purchase of an AIG (NYSE:AIG) unit.

WSJ:   Toyota (NYSE:TM) admitted its Prius brakes have a design problem.

NYT:   Rivals are waiting to see what Goldman Sachs (NYSE:GS) will pay Blankfein.

NYT:   Amazon (NASDAQ:AMZN) may buy a touchscreen start-up.

NYT:   A currency dispute is likely to cause more US-China friction.

NYT:   The government may offer a plan to help small banks increase lending.

FT:   Moody’s (NYSE:MCO) warned the US about its debt concerns.

FT:   China has cut back on the ability of companies to raise capital.

Bloomberg:   The US economy may lose 824,000 jobs on revisions of employment numbers.

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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