Media Digest (10/22/2010) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   The US will push a trade and foreign exchange agenda at the G20 meeting.

Reuters:   Fed officials are still not in agreement about quantitative easing.

Reuters:   American International Group (NYSE: AIG) will raise about $17.9 billion as the AIA IPO priced at the high end of its range.

Reuters:   Gold may be down this week compared to any since July.

Reuters:   Hewlett-Packard (NYSE: HPQ) launched a $799 tablet PC which runs Microsoft (NASDAQ: MSFT) Windows 7.

Reuters:   Google Inc (NASDAQ: GOOG) will try to get access to content from the three major networks which it has so far been denied.

Reuters:   A project in Canada is meant to track Research In Motion (NASDAQ: RIMM) BlackBerry traffic.

Reuters:   The proprietary trading desk of Goldman Sachs Group (NYSE: GS) moved to KKR.

Reuters:   The province where Potash (NYSE: POT) is based pressed the Canadian government to block a bid from BHP Billiton (NYSE BHP)

WSJ:   The American Federation of State, County, and Municipal Employees is the largest outside contributor in the current election.

WSJ:   Bridgewater, a hedge fund, has made billions as it bet against the US economy.

WSJ:   Venta will pay $1.5 billion for the assets of Atria Senior Living.

WSJ:   Unions are in a battle with Delta (NYSE: DAL) as it tries to restructure its workforce.

WSJ:   Amazon.com (NASDAQ: AMZN) earnings were undermined by margin pressure.

WSJ:   Fannie Mae and Freddie Mac losses will be tied to a potential double dip which could further knock down housing prices.

WSJ:   The Department of Agriculture’s inaccurate prediction on the corn crop has hurts its image for reliability.

WSJ:   Tech start-ups now concentrate on bioscience and clean technology.

WSJ:   New members of Congress are likely to support a strong defense budget.

WSJ:   China has begun to adopt policies that could help Western economies.

WSJ:   Russian is close to a $59 billion privatization plan.

WSJ:   Greece is attacking local spending to cut as much as $2 billion from its budget.

WSJ:   McDonald’s (NYSE: MCD) will raise prices to offset food costs.

WSJ:   Sony (NYSE: SNE) expects TV prices in the US to fall during shopping season.

WSJ:   General Growth Properties is about to emerge from Chapter 11.

WSJ:   The UK may create provisions to stop hostile takeovers.

NYT:   The US Chamber of Commerce has become a large enemy of Democrats.

NYT:   Walmart (NYSE: WMT) will sell the Barnes & Noble (NYSE: BKS) Nook.

FT:   The head of the Chinese bank system said there are opportunities overseas.

Bloomberg:   Nestle had improved earnings due to price increases and emerging market growth.

Bloomberg:   There have been few huge M&A deals because companies are still concerned about risk.

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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