Media Digest 9/1/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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WSJ:   Burger King (NYSE: BKC) is considering a private equity buyout.

Reuters:   China’s manufacturing sector grew.

Reuters:   China may probe the BHP Billiton (NYSE: BHP) buyout offer for Potash (NYSE: POT).

Reuters:   Amazon.com (NASDAQ: AMZN) is considering launching a web TV service.

Reuters:   Sony (NYSE: SNE) will offer a new line of lighter e-readers.

Reuters:   Staples (NYSE: SPS) will sell the Amazon Kindle.

Reuters:   Sony will launch a new service of video and music downloads to a number of devices in a bid to compete with Apple Inc.’s (NASDAQ: AAPL) iTunes.

Reuters:   There are a number of conditions that favor a rise in M&A.

Reuters:   Genzyme (NASDAQ: GENZ) is open to a buyout but not at $69.

WSJ:   Back-to-school sales will be poor according to MasterCard Advisors

WSJ:   Worldwide currency trading has hit $4 trillion a day.

WSJ:   Apple Inc plans a 99-cent rental service for TV shows from News Corp’s (NYSE: NWS) Fox and Walt Disney’s (NYSE: DIS) ABC.

WSJ:   The FDIC said it list of troubled banks increased to 829.

WSJ:   Sprint-Nextel (NYSE: S) and its partner in 4G, Clearwire (NASDAQ: CLWR), may let T-Mobile to invest in the broadband network.

WSJ:   The US government found that China dumped aluminum in America but will not look into the role that currency may have played.

WSJ:   Young women make more than men, according to Reach Advisors

WSJ:   Gartner cut its PC sales forecasts for the second half.

WSJ:   Fed officials disagreed on helping maintain the recovery, according to FOMC notes.

WSJ:   Housing prices rose slightly but the forecast for the balance of the year fell.

WSJ:   Companies have begun to blame one another over egg recalls.

WSJ:   A judge was asked to lift the stem-cell funds ban.

WSJ:   New rules will lessen ties between oil industry regulators and the industry.

WSJ:   Hyundai will up production at a Florida plant.

WSJ:   JAL’s plan to right itself calls for huge layoffs.

WSJ:   Borders will cut the price of one of its e-readers below $100.

WSJ:   Microsoft (NASDAQ: MSFT) has set partnerships in China to increase its search engine share.

WSJ:   Sony-Ericsson expects that 80% of handset sales in China will be smartphones within five years

WSJ:   Icahn upped his bid for Lions Gate Entertainment (NYSE:LGF).

WSJ:   JP Morgan Chase (NYSE: JPM) will close its proprietary trading desks.

WSJ:   The SEC will not sue Moody’s Investor Service (NYSE: MCO) over ratings of mortgage-backed paper.

NYT:   The Financial Crisis Inquiry Board faces a drop in staff members.

NYT:   Strong exports have helped US agriculture.

NYT:   Touchscreens are becoming more important to computer sales.

FT:   US bank profits have returned to pre-crisis levels.

Bloomberg:   Emirates needs $28 billion to expand its fleet through 2017.

Bloomberg:   Japan vehicle sales rose the most since 1972 based on government incentives.

Bloomberg:   Citigroup (NYSE: C) will increase its Chinese labor force by 12,000 over three years.

Bloomberg;   Apple plans a NetFlix service.

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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