Media Digest 4/27/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   A new panel to address the budget deficit will start work.

Reuters:   A lawyer for Goldman Sachs Group (NYSE: GS) said it is not an “evil empire.”

Reuters:   The euro slipped on concern about Greek aid.

Reuters:   Research-in-Motion (NASDAQ: RIMM) showed its new operating system.

WSJ:   The finance bill in the Senate was hurt by a major vote.

WSJ:   The Senate is set for a showdown with Goldman.

WSJ:   A major bias suit against Wal-Mart (NYSE: WMT) will move forward.

WSJ:   Higher oil prices helped the results of BP plc (NYSE: BP).

WSJ:   Investors are buying derivatives based on the defaults of some cities.

WSJ:   Google, Inc (NASDAQ: GOOG) will not make its Nexus One compatible with the Verizon Wireless system.

WSJ:   UAL, Inc (NASDAQ: UAUA) and Continental (NYSE: CAL) are in a fight over price in their merger talks.

WSJ:   The BP oil spill could reach land within days.

WSJ:   The Treasury will begin to sell some Citigroup (NYSE: C) shares.

WSJ:   GM will begin to hire new workers.

WSJ:   Google’s market share in China fell.

WSJ:   Boston Scientific (NYSE: BSX) reported a lower net and outlook.

WSJ:   Toyota Motor (NYSE: TM) increased its production.

WSJ:   Sales at the Ford Motor (NYSE: F) financial arm are likely to fall.

WSJ:   Ford may have trouble cutting more costs.

WSJ:   The short interest on NASDAQ and NYSE rose.

WSJ:   Problems at Goldman have caused Morgan Stanley (NYSE: MS) to trade close to the large bank on some metrics.

WSJ:   The Treasury will sell $40 billion in notes this week.

NYT:   More than 130 companies have retained lobbyists to help counter bills being debated in Congress.

NYT:   Goldman faces new allegations about trading mortgages.

NYT:   Analysts say that most of the $12.6 billion in home credits went to people who would have bought anyway

NYT:   AstraZenaca will pay $520 million for improperly marketing a drug.

FT:   Insurers will be hit by global financial crisis legislation.

FT:   Wall St. was helped by profit surges at Caterpillar (NYSE: CAT) and Whirlpool (NYSE: WHR).

Bloomberg: Deutsche Banks’s (NYSE: DB) profits rose 48%.

Douglas A. McIntyre

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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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