Media Digest (6/20/2011) Reuters, WSJ, NYT, FT, Bloomberg

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

Euro-zone financial ministers said they would delay a new installment payment to Greece until it was clear that the nation had adopted new austerity measures. (Reuters)

ICANN, the global domain name company, will release plans the will expand URLs to include web addresses that end in terms like “apple.” (Reuters)

Sega Sammy shares rose after its Sega system was hacked. (Reuters)

PNC will buy RBC for $3.45 billion. (Reuters)

Borders will name its new bidder on July 1. (Reuters)

Softbank, a shareholder in Alibaba, expects to reach an deal for payments due to the spin-off of Alipay. (Reuters)

The New York Fed and Comptroller of the Currency have put more regulators in the offices of big banks to prevent more credit problem.s (WSJ)

Florida banks have started to lend again. (WSJ)

More energy firms will begin to disclose “fracking” actions. (WSJ)

Ford (NYSE: F) will spend $1 billion to upgrade Lincoln and launch seven new brands. (WSJ)

Giving USA  said donations to charities rose last year. (WSJ)

The UK may privatize some of its administrative services. (WSJ)

Russia will lower holdings of US debt. (WSJ)

Japan had a large trade deficit in May. (WSJ)

Boeing (NYSE: BA) will increase is cyber-protection business. (WSJ)

The US government will maintain its position in the mortgage market indefinitely.(WSJ)

The Paris airshow will favor announcements from Airbus over those from Boeing (NYSE: BA). (WSJ)

GM (NYSE: GM) will price a new small car at about the same level as comparable imports. (WSJ)

Some current features on smartphone may allow people to check out merchandise at retailers. (WSJ)

Cable network ad dollars have begun to catch up with those of broadcast TV. (WSJ)

A Mercer LLC survey shows people will stay in jobs even when they are unhappy because work is still scarce ,(WSJ)

China companies have put more money into Argentina. (WSJ)

Energy companies Stewart & Stevenson and KiOr will have IPOs this week. (WSJ)

Companies with cash overseas want preferred tax treatment if the money is returned to the US. (NYT)

Many employees at tech start ups have sold large numbers of shares to take advantage of the surge in valuations. (NYT)

IHS Global Insight says many cities will see a rise in employment for years. (NYT)

China has stockpiled rare earth metals which may raise prices. (FT)

US budget talks have hit a period in which they are up against a potential Congressional approval before August 2. (FT)

Apple (NASDAQ: AAPL) iPhone games may hurt Nintendo. (Bloomberg)

Concern about growth and the future of local banks has dropped China markets to a 9 month low. (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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

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