Media Digest (91/17/2010) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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The GM IPO may be the largest in US history (Reuters)

Fed officials defended their plan to lower rates (Reuters)

Bonds issues by Ireland may have great value in the case of a bailout (Reuters)

The FDIC began to look into illegal activity in the shuttering of 50 banks (Reuters)

Oil and gold moved lower on concerns about China and global financial disruption. (Reuters)

Hewlett-Packard (NYSE: HPQ) must release earnings that show its growth on path. Dell (NASDAQ: DELL) needs numbers that show better margins (Reuters)

India and Research In Motion (NASDAQ: RIMM) are closer to a deal about how corporate e-mail is handled in the country. (Reuters)

An analysts testifying for SAP said Oracle (NASDAQ: ORCL) should get no more than $40.6 million in the trial between the two (Reuters)

Chrysler is set for a 2011 IPO. (Reuters)

Walmart (NYSE: WMT) is closer to a buyout of Indonesia’s Matahari (Reuters)

A huge Ireland bailout is close to fruition (WSJ)

States are not able to borrow money in some cases–a road map for the federal government (WSJ)

The EDA is set to approve a lupus drug from GlaxoSmithKline and Human Genome (WSJ)

Roche will cut 4,800 jobs. (WSJ)

The IRS ended its case against UBS (NYSE: UBS) (WSJ)

Apple (NASDAQ: AAPL) approved a Google (NASDAQ: GOOG) iPhone app. (WSJ)

Microsoft (NASDAQ: MSFT) said the company will not be broken up (WSJ)

Nokia (NYSE: NOK) will use its own software OS and not Google’s Android (WSJ)

Geithner said there would be a deal on Bush tax cuts soon (WSJ)

EU banks hold large numbers of loans from Irish banks (WSJ)

The FDA may bar caffeine in alcohol drinks (WSJ)

Profits at Walmart and Home Depot (NYSE: HD) rose. (WSJ)

Boeing (NYSE: BA) said it had not firm plans to test its 787 (WSJ)

Yahoo! (NASDAQ: YHOO) has will start tests of local online stores (WSJ)

States have begun to put pressure on lenders to modify mortgages to prevent a spread of the documentation crisis (WSJ)

Inflation is likely to stay low due to unemployment (WSJ)

Junk bonds have been hurt by concerns about Ireland (WSJ)

The sale of commercial properties has become harder (WSJ)

Variable annuity sales are up (WSJ)

Importers and exporters disagree with currency policies for China (NYT)

Boeing (NYSE: BA) and Airbus do not want to re-tool old models if they can sell new ones (NYT)

UN muni bonds dropped the most in two years (FT)

A sugar sell-off helped ease commodity prices (FT)

Aid to Ireland will probably not be a full-scale bailout (FT)

Cheap money from the Fed may cause US companies to invest abroad (Bloomberg)

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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