Media Digest 2/19/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   The Fed will try to calm the markets after it raised the discount rate to .75%.

Reuters:   The head of Toyota (TM) will go to Congress to testify.

Reuters:   The Fed’s action helped the dollar but hurt commodities.

Reuters:   Major US retailers are in a fight for market share as Macy’s (M), J.C. Penney (JCP), and Saks (SKS) try to take business from Nordstom (JWN) and Kohl’s

Reuters:   The Administration’s financial reform bill will go to the Senate.

Reuters:   Dell (DELL) missed numbers and its shares fell.

WSJ:   The investigation into Google (GOOG) cyberattcks is focused on whether schools were involved.

WSJ:   Schlumberger (SLB) may buy Smith International (SII).

WSJ:   The IMF urged emerging markets to use capital controls to prevent bubbles.

WSJ:   Greece will offer bonds, and the sale will indicate the market’s view of the nation’s finances.

WSJ:   Wal-Mart (WMT) expects soft sales this year.

WSJ:   P&G (PG) will release a large number of products this year to increase market share and sales.

WSJ:   Google defended its deal in court with book publishers.

WSJ:   Regulators blessed a deal for Microsoft (MSFT) and Yahoo! (YHOO) to merge their search engine operations.

WSJ:   Regulators approved Google as an electricity provider.

WSJ:   The FCC outlined some plans for broadband expansion.

WSJ:   Financial problems at US states could go on for years.

NYT:   Two Chinese schools were tied to the Google cyberattack.

NYT:   The Fed move on the discount rate may hurt bank profits.

NYT:   The weak economy and rising healthcare costs may lead to higher insurance rates.

FT:   Boeing (BA) will try to overtake Airbus in plane sales with its new 787 and 747-8.

Bloomberg:   Nestle says its sales growth will pick up this year.

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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