Media Digest (8/4/2010) Reuters, WSJ, NYTime, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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MarketWatch:   Toyota Motor (NYSE: TM) upped its full-year forecast

Reuters:   BP plc (NYSE: BP) began the “static kill” of its well in the Gulf.

Reuters:   Japan is worried because the yen is at a 15-year high.

Reuters:   European banks are profiting as bad loans drop.

Reuters:   Barnes & Noble (NYSE: BKS) is up for sale.

Reuters:   Oil fell as US stocks of crude rose.

Reuters:   Research In Motion (NASDAQ: RIMM) released a new phone to compete with the Apple Inc. (NASDAQ: AAPL) iPhone.

Reuters:   Motorola Inc. (NYSE: MOT) and Verizon Communications (NYSE: VZ) will build a tablet PC to rival the Apple iPad. The unit will use Google Inc.’s (NASDAQ: GOOG) Android OSReuters:   Sharp will launch a 3D handset.

Reuters:   Continental Air (NYSE: CAL) and UAL (NASDAQ: UAUA) will release more information on their merger talks.

WSJ:   The sales of electronics are hurting purchases of clothes and consumer appliances says the Commerce Department

WSJ:   The Federal Reserve is foreclosing on certain properties from its Bear Stearns asset portfolio.

WSJ:   Saudi Arabia will shut done some RIM BlackBerry services in a few days.

WSJ:   US car sales were up 5% last month but Toyota sales fell.

WSJ:   Three studies say than banks will not have to cut lending because of new financial regulations.

WSJ:   The FTC will announce a settlement with Intel Corporation (NASDAQ: INTC) over charges it worked to hurt competition.

WSJ:   Baidu Inc (NASDAQ: BIDU) is working to improve its growth.

WSJ:   Republican Senators released a list of 100 items that have failed as part of the stimulus package.

WSJ:   BP plc sold some Colombian assets.

WSJ:   Procter & Gamble (NYSE: PG) earnings were hurt by product promotions.

WSJ:   Dollar Thrifty as Avis Inc (NYSE: CAR) to improve its bid.

WSJ:   Microsoft Corporation (NASDAQ: MSFT) is using data from its China labs to improve a Chinese-English translation tool.

WSJ:   China’s CIC may buy part of Harvard’s real estate investments.

NYT:   About three-quarters of the Gulf oil spill is already dissipating.

NYT:   A National League of Cities survey shows more cities are cutting pay instead of laying of f workers.

NYT;   Germany is experiencing a broad recovery.

FT:   More China banks will trade gold.

Bloomberg:   Facebook says its largest advertisers are increasing their investments by 1000%

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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