Media Digest (1/20/2011) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published
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Google’s (NASDAQ: GOOG) results will be helped by holiday spending (Reuters)

Ebay’s (NYSE: EBAY) turnaround helped increase earnings (Reuters)

Nintendo said the negative reports about its 3D products were out of proportion (Reuters)

Nokia (NYSE: NOK) cancelled the launch of its N7 phone with AT&T (NYSE: T) (Reuters)

IAC, controlled by Wilbur Ross, will not have a planned IPO (Reuters)

Spain will increase aid to its banks (WSJ)

Wendy’s/Arby’s will sell its Arby’s properties. (WSJ)

New regulations hurt Goldman Sachs (NYSE: GS) earnings (WSJ)

AIG (NYSE: AIG) will return to its focus of selling insurance (WSJ)

Hewlett-Packard (NYSE: HPQ) may formally examine the circumstance of former CEO Mark Hurd’s departure (WSJ)

Sony Ericsson posted a small profit (WSJ)

China’s GDP grew at 10.2% but inflation decreased (WSJ)

The Administration plans a crackdown on illegal workers (WSJ)

CEOs told China’s president that there are too many obstacles to doing business in the country (WSJ)

GM (NYSE: GM) has restructured management to closely align executives with the goals of its CEO (WSJ)

Merck (NYSE: MRK) disclosed problems with its anti-clotting drug (WSJ)

Alibaba will build a series of warehouse in China to help its ability to cater to online shoppers (WSJ)

Chrysler and the EPA are at work on a car that will cut gasoline use (WSJ)

Rising food prices are hurting margins at hotels and restaurants (WSJ)

The Kroll Bond Ratings Agency will compete with S&P, Moody’s (NYSE: MDO) and Fitch (WSJ)

Wal-Mart (NYSE: WMT) has begun a shift to sell more healthy food (WSJ)

Wide variations in solar installation from town to town have hurt the growth of solar energy (WSJ)

Greece may buy back its bonds in the open market (WSJ)

China’s 9.8% growth in the fourth quarter raised more concern about inflation (FT)

Retail investors have begun to return to the market (FT)

The European Systemic Risk Board may lack the power to regulate risks that could cause another crisis in the region (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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