Media Digest 7/16/2010

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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MarketWatch:   AgBank rose after its debut on the Hong Kong market.

Reuters:   Goldman Sachs Group (NYSE: GS) settled with the SEC for $550 million.

Reuters:   BP plc (NYSE: BP) capped the flow of oil into the Gulf of Mexico.

Reuters:   Google Inc. (NASDAQ: GOOG) profits missed targets as expenses rose.

Reuters:   Smartphone sales pushed up results in Q2 for Sony Ericsson.

Reuters:   A recall of the Apple Inc (NASDAQ: AAPL) iPhone is unlikely.Reuters:   Problems in Europe and iPhone sales will hurt results of other smartphone companies.

Reuters:   American Research Group says there is still strong demand for the iPad.

Reuters:   Carlyle Group will buy NBTY (NYSE: NTY) for $3.8 billion.

WSJ:   Bank of America Corporation (NYSE: BAC) will focus on consumer banking as the financial reform bill becomes law.

WSJ:   Citigroup (NYSE: C) disclosed in new public filings how it hid risk.

WSJ:   Apple  management knew of risks that its iPhone 4 would have reception problems.

WSJ:   A WSJ survey shows more economists believe that the economy is improving.

WSJ:   The delivery of the Boeing (NYSE: BA) 787 could be delayed again.

WSJ:   Honda Motor (NYSE: HMC) was hit by another strike in China.

WSJ:   Advanced Micro Devices (NYSE: AMD) posted higher sales.

WSJ:   The auto industry is fighting a new safety bill.

WSJ:   Activision is gambling $100 million on a PC-based game.

WSJ:   Congress approved the financial reform bill.

WSJ:   Fed governor nominees supported policies to drive down unemployment.

WSJ:   China’s yuan policy has changed very little.

WSJ:   Bombardier will compete with Airbus and Boeing in the mid-sized aircraft market.

WSJ:   Johnson & Johnson (NYSE: JNJ) will keep a Tylenol plant shut.

WSJ:   GlaxoSmithKline (NYSE: GSK) will take a $2.4 billion charge for costs related to problems with several drugs.

WSJ:   Gannett’s (NYSE: GCI) earnings may conceal ongoing problems in the newspaper industry.

WSJ:   Improved results of Greek debt issues may mark a turnaround in Europe.

WSJ:   KKR stock fell after its IPO.

NYT:   Banks are trying to change their business models now that the financial overhaul bill is in place.

Blomberg:   Buyers of BP assets many face the legal problems that go with them.

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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