Media Digest 9/20/2010 Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   BP plc (NYSE: BP) says its $20 billion escrow has paid out 19,000 claims which total $240 million.

Reuters:   The US said that BP has “killed” the leaking well.

Reuters:   Bank of America (NYSE: BAC) said it will test new pricing packages for customers to help recoup $4.3 billion in sales from new restriction on bank and credit card fees.

Reuters:   Nissan will double capacity in China.

Reuters:   General Growth will pay $230 million to Howard Hughes’s heirs to settle land disputes in Las Vegas.

Reuters:   The Federal Reserve holds the key as to whether stocks break their current trading range.

Reuters:   Oracle (NASDAQ: ORCL) launched new hardware to manage cloud computing.

Reuters:   Facebook says it will not build its own phone.

Reuters:   Apple Inc.’s (NASDAQ: AAPL) new iPhone will go on sale in China.

Reuters:   Samsung released its Galaxy tablet in the US.

Reuters:   General Mills said it had no comment about possibly buying Yoplait.

Reuters:   SAIC approached GM about buying a stake.

Reuters:   Sinochem may seek Chinese government support to bid for Potash (NYSE: POT)

WSJ:   The “cookies” installed on PCs to track behavior are causing privacy and legal issues.

WSJ:   Verizon (NYSE: VZ) will name Lowell McAdam, the head of its wireless unit, as president and chief operating officer.

WSJ:   Hewlett-Packard (NYSE: HPQ) is closer to naming a new CEO, probably from inside the company.

WSJ:   Apple is beginning to talk to publishers about an electronic newsstand.

WSJ:   Limits to productivity may help create new jobs.

WSJ:   Gold and silver prices are near highs.

WSJ:   An Indian company, Sahara India Pariwa, is in talks to buy MGM.

WSJ:   Marketers and customizing ads for internet TV.

WSJ:   The R&D capacity of IBM (NYSE: IBM) is a benefit to its shareholders.

WSJ:   Bond markets are getting risky and buyers bid prices of junk debt higher.

WSJ:   The number of women on Wall St has dropped in the last decade.

WSJ:   EPA restrictions of air pollution have drawn business resistance.

WSJ:   Wal-Mart (NYSE: WMT) will set up a system with FedEx (NYSE: FDX) for free shipment of items bought online to the freight company’s city locations where the retailer has few stores.

WSJ:   News Corp (NYSE: NWS) and Cablevision (NYSE: CVC) are in a fight over the fees charged to get programs to subscribers.

WSJ:   Bonds are now the most profitable products on Wall St.

WSJ:   US oil supply has moved to the highest level since 1983.

WSJ:   Small IPOs have the best returns on their first day of trading.

WSJ:   Hong Kong plans to expand its four-hour trading day.

NYT:   Revenue at Wall St firms dropped this summer.

NYT:   Some people over 50 fear that the economy could prevent them from ever finding work.

NYT:   The fight over Barnes & Noble (NYSE: BKS) is a based on different visions of the future of digital books.

NYT:   Japan video game makers may begin to benchmark competition in the West.

NYT:   The FOMC notes are likely to show more debate on stimulus efforts.

NYT:   The use of low-powered ARM chips is growing fast.

FT:   Walmart will begin to push the building of smaller stores.

FT:   M&A in emerging markets may begin to surpass deal in traditionally huge markets like the US and EU.

FT:   Stress tests of Greek banks are delayed so that firms can raise more money.

Bloomberg:   The EU debt crisis may be disappearing as bond spreads drop.

Bloomberg:   Airbus may launch an upgraded version of its popular A320.

Bloomberg:   BP faces challenges to begin drilling in the Gulf again.

Bloomberg:   Cotton rose above $1 for the first time since 1995.

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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