Media Digest (5/9/2011) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Apple (NASDAQ: AAPL) moved past Google (NASDAQ: GOOG) as the world’s most valuable brand, according to research firm Millward Brown. (Reuters)

New negotiations between China and the US seeks to reduce tensions between the two countries. (Reuters)

Brent crude moved above $110. (Reuters)

European shares fell on concern about Greece’s financial status. (Reuters)

The developer of the “Angry Birds” game may try to have an IPO in three years. (Reuters)

Congress will push Apple and Google on IPO issues. (Reuters)

The boom in Internet 2.0 companies have started to look like a bubble. (Reuters)

Sony (NYSE: SNE) said it notified subscribers to its PlayStation network about hacker problems as soon as it could. (Reuters)

Zillow reports that home prices dropped rapidly again in the first quarter. (WSJ)

CEO compensation rose in 2010 (WSJ)

A drop in AIG (NYSE: AIG) shares may hurt taxpayer returns on the bailout of the company. (WSJ)

Banks have renewed enough municipal credit agreements to help the market in muni bonds. (WSJ)

The end of QE2 may boost Treasuries. (WSJ)

Used car prices rose. (WSJ)

AT&T  (NYSE: T) will pressure members of Congress and regulators to approve its T-Mobile buyout. (WSJ)

Sony delayed the restart of its PS network. (WSJ)

Seven new IPOs may be hurt by performance of initial public offerings last week. (WSJ)

Increasing China wages have raised prices of goods sent to the US. (WSJ)

A Massey mine in West Virginia is shut because of safety concerns. (WSJ)

TV networks have taken a more positive stance toward Netflix (NASDAQ: NFLX) as they attempt to prolong the value of shows.(WSJ)

Bank of America’s  (NYSE: BAC) prospects continue to be harmed by issues with its mortgage bond portfolios. (WSJ)

Exchanges are raising the amount of collateral necessary for silver traders. (NYT)

Cisco (NASDAQ: CSCO) is making moves to overhaul management but some candidates believe the process could take years. (NYT)

European officials will modify the terms of Greek loans to help the struggling nation. (FT)

Netflix has begun to do business in Latin America. (FT)

Clive Capital lost $400 million as oil dropped. (FT)

US cities and states will try to renew $39 billion in bank debt this month. If the process is not successful, the entities will face higher interest rates. (FT)

EU leaders are considering a reform to Greece’s $159 billion debt. (Bloomberg)

Geithner will ask China to allow interest rates to rise. (Bloomberg)

The head of Ireland’s central bank said the nation could avoid bankruptcy with restructured debt. (Bloomberg)

Germany’s exports hit record levels in March. (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.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618