Media Digest 3/21/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   Peabody Energy made a bid for Australia’s Macarthur Coal.

Reuters:   Some Yahoo! (YHOO )email accounts were hacked in China and Taiwan.

Reuters:   Japan export orders hit a six-year high.

Reuters:   OPEC is undecided on what it will do if oil moves from $70 to $80.

Reuters:   Exxon Mobil (XOM) says that XTO will not help its earnings for years.

Reuters:   The Fed’s Fisher says the US recovery in on solid ground.

WSJ:   The government will shut down facilities which have driven one of the great bond rallies which has helped investors put money into risky offerings.

WSJ:   An insider trading charge against a Deutsche Bank employee will test the limits of the SEC’s powers.

WSJ:   BP (BP) will make investment that could revive the Iraq oil industry.

WSJ:   AT&T (T) is trying to improve its 3G network as Verizon (VZ) is likely to sell the Apple (AAPL) iPhone.

WSJ:   Redwood Trust is trying to offer bond backed by mortgages and without federal help.

WSJ:   Google (GOOG) says it ran into China’s “great firewall.”

WSJ:   The Bank of Ireland will raise money to shore up its financials.

WSJ:   Toyota (TM) is building its quality effort.

WSJ:   Bharti will buy Zain for $9 billion.

WSJ:   The launch of the Apple (AAPL) iPad will keep software developers focused on the App store.

WSJ:   Obama will open the Gulf to more oil drilling.

WSJ:   China will launch a trial plan for short selling and buying on margin.

WSJ:   Commercial real estate prices are making a modest comeback.

WSJ:   BHP-Billiton (BHP) replaced year-long ore prices deals with ones of shorter duration.

WSJ:   Nissan’s electric car will sell for about $32,000.

WSJ:   Johnson & Johnson (JNJ) got an offer for its breast cancer unit.

WSJ:   Intel (INTC) launched a new chip for big servers.

WSJ:   McDonald’s (MCD) will double its stores in China to 2000 by 2013.

NYT:   The use of cholesterol drugs in healthy people may have risks.

NYT:   Oil prices are high enough to help exploration but low enough to help the economy.

NYT:   Biotech stocks were hurt by a court decision invalidating two gene patents.

NYT:   Ford (F) is gaining ground is Asia by selling smaller cars.

NYT:   Microsoft (MSFT), Google (GOOG) and other large internet companies are trying to keep information they have private from the federal government.

NYT:   The cost of Greek bonds was effected by fears that its deficit crisis is not over.

NYT:   Yahoo! (YHOO) is hiring journalists to offer more original content.

NYT:   Volcker is optimistic about financial reform this year.

FT:   Banks will take advantage for new iron ore trading rules that could raise swaps to $200  billion by 2020 from $300 million this year..

FT:   The Primerica spin-off could net Citigroup (C) $250 million.

FT:   China was invited to join the International Energy Agency

FT:   The head of Kraft (KFT) got a 41% pay increase.

Bloomberg: Ireland’s banks will need $43 billion in new capital.

Bloomberg:   Greece may have to pay $17 billion more interest compared to German bond levels if rates had stayed at pre-crisis levels.

Bloomberg:   Google (GOOG) is being hurt by lower growth, regulatory scrutiny, and shifts in ad spending.

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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