Media Digest (1/10/2010) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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DuPont (NYSE: DD ) will buy Danisco for $5.8 billion to move into food business (Reuters)

A number of Goldman Sachs Group (NYSE: GS) traders will depart to start a hedge fund (FT)

Portugal had been pressured by the EU and IMF to take aid (Reuters)

Walt Disney (NYSE: DIS) and Yahoo! (NASDAQ: YHOO) are in internet TV negotiations (Reuters)

There will be more charges in the Wall St. insider trading investigation (WSJ)

Trouble with the Alaska pipeline pushed crude up to $88 (Reuters)

Nintendo will ship 1.5 million of its 3D handheld devices in Japan by March (Nikkei business)

Verizon (NYSE: VZ) will announced it will market the Apple (NASDAQ: AAPL) iPhone (WSJ)

The FCC may auction more spectrum before 2012 (Reuters)

Apollo may buy certain parts of Sara Lee (Reuters)

Duke Energy (NYSE: DUK) is near a $15 billion deal to buy Progress Energy (NYSE: PGN)

Sales of vacation homes rose last year (WSJ)

Hard comparisons to a good 2010 may hurt earnings growth this year (WSJ)

Fear rose about European debt and bank balance sheets (WSJ)

The Federal Reserve of Chicago expects car sales to rise 10% this year (WSJ)

Verizon could bring Apple millions of new iPhone users (WSJ)

American Economics Associations members do not think banks have gone far enough to improve balance sheets (WSJ)

VW will use its Passat to push into the US market (WSJ)

The Graduate Management Admission Council says business school graduations will not get higher pay this year (WSJ)

The UK has pushed for lower bonuses for bankers (WSJ)

The UK bank sector laid off a near record number of people in Q4 2010. (WSJ)

JP Morgan (NYSE: JPM) believes that the China market is critical to its growth as a global financial firm (WSJ)

A defense spending bill may force the armed forces to buy American solar tech (NYT)

Facebook has not done well in Japan (NYT)

The sales of bonds that protect against inflation has risen (FT)

New US bank stress tests will determine new financial services dividend payouts (FT)

China reported a smaller than expected $13.1 billion trade surplus in December (Bloomberg)

Sanofi-Aventis said it has made progress in talks to buy Genzyme (NASDAQ: GENZ) (Bloomberg)

The IFI Claims Patent Services said there was a surge in US patents led by IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT)

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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