Media Digest 9/17/2010 Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   Geithner will take the yuan issue to the G-20.

Reuters:   Oracle’s (NASDAQ: ORCL) earnings beat Wall St. forecasts.

Reuters:   Research In Motion’s (NASDAQ: RIMM) numbers beat forecasts.

Reuters:  The dollar was steady compared to the yen.

Reuters:   The Senate passed the small business bill.

Reuters:   Obama set a strategy to double US exports in five years.

Reuters:   Samsung introduced its Galaxy tablet in the US.

Reuters:   Sony (NYSE: SNE) said it was likely to reach its PS3 sales targets this year.

Reuters:   Johnson & Johnson (NYSE: JNJ) will try to buy biopharma Crucell.

Reuters:   It is still possible Chinese concerns will offer to buy Potash (NYSE: POT).

MarketWatch:   Hewlett-Packard (NYSE: HPQ) may hire a CEO this week.

WSJ:   Refiners have begun to fight emissions laws.

WSJ:   Fannie Mae and Freddie Mac have become two of the largest home sellers in the US.

WSJ:   A Justice Department investigation of US tech firms that have hiring agreements among them to keep down salaries is near an end.

WSJ:   The leveraged loan market has made a comeback.

WSJ:   The CEO of LG Electronics left, largely because of slow cellphone sales.

WSJ:   Dell Inc. (NASDAQ: DELL) will expand further into China.

WSJ:   Motorola’s (NYSE: MOT) tablet will not be out for the holidays.

WSJ:   The Bank of Japan is under more pressure to help the value of the yen.

WSJ:   Silver hit the highest level since 1980.

WSJ:   VMWare (NYSE: VMW) is in talks to buy part of Novell.

WSJ:   Yahoo! (NASDAQ: YHOO) will upgrade a number of its products.

WSJ:   Microsoft (NASDAQ: MSFT) Windows 7 Mobile will only be offered on GSM networks.

WSJ:   China may force foreign car companies to give it electric vehicle technology to get access to its markets.

WSJ:   American families have made no financial gains in the last decade.

WSJ:   Tainted feed may have helped cause salmonella poisoning in eggs.

WSJ:   A paper delivered at a Brookings Institution conference shows the rich are more affected by the economy than others.

WSJ:   The number of uninsured Americans moved up sharply.

WSJ:   The head of the Johnson & Johnson consumer unit will retire.

WSJ:   Icahn owns enough debt in Blockbuster to control its restructuring.

WSJ:   Fiat may be broken into two companies.

WSJ:   GM expects the government to hold shares long-term.

WSJ:   A court will not dismiss charges against Countrywide executives.

NYT:   Hedge fund managers who left the business have created new firms.

FT:   Capital requirements may hurt bank balance sheets by 30% more than expected.

FT:   US banks are expected to post weak earnings and begin layoffs.

FT:   New computer chips will cause large advancements in processing power.

FT:   The US corn harvest may be weak.

Bloomberg:   India is at work on a permanent pact with Research In Motion to give that national security establishment access to BlackBerry data.

Bloomberg:   China may lose 2% of GDP growth as its cleans up its environment.

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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