Media Digest 9/7/2010 Reuters, WSJ, NYT, FT, Bloomberg: Hurd Joins Oracle

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By Douglas A. McIntyre Updated Published
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Reuters:   Mark Hurd, former CEO of Hewlett-Packard (NYSE: HPQ), joined Oracle (NASDAQ: ORCL) as co-president.

Reuters:   The Justice Department is looking into the Google Inc. (NASDAQ: GOOG) deal to buy ITA Software.

Reuters:   Barclays plc named Bob Diamond as CEO.

Reuters:   Economists say a strong yuan could hurt China.

WSJ:   Stress tests of some European banks did not take into account their holdings of sovereign debt.

WSJ:   Hon Hai is working to get lower labor costs in China.

WSJ:   Businesses in developing nations including China, Taiwan, India, and Brazil plan to aggressively hire new workers this year, according to Manpower

WSJ:   Toshiba will release its new table PC.

WSJ:   Obama unveiled a new plan to invest $50 billion in infrastructure.

WSJ:   The head of Walt Disney’s (NYSE: DIS) ABC News will retire.

WSJ:   Brazil’s Vale, a large ore producer, has begun to target the fertilizer business.

WSJ:   Samsung may invest $26 billion in growth next year.

WSJ:   Air Products & Chemicals raised its bid for Airgas.

WSJ:   GM will face questions about Opel when it launches its IPO.

WSJ:   The dollar is under pressure because the economy has improved slightly.

WSJ:   The ECB will have trouble as it tries to balance German growth against Greece’s problems.

NYT:   The tech sector has sharply curtailed adding new workers.

NYT:   There are 161 companies that want to raise $56 billion through IPOs, according  to research by Renaissance Capital.

FT:   Consumer finance companies are once again able to tap capital markets.

Bloomberg:   BMW will push new models to stay competitive  with Audi and Mercedes.

Bloomberg:   The head of the IMF sees modest global recovery.

Bloomberg:   Samsung may use Google Inc.’s (NASDAQ: GOOG) Android operating system in some TVs.

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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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