Media

Media Digest (7/13/2011) Reuters, WSJ, NYT, FT, Bloomberg

China’s GDP grew at a 9.5% rate last quarter and the country increased inflation forecasts (Reuters)

Moody’s cut Ireland’s rating to junk (Reuters)

EU leaders may let Greece default (Reuters)

Netflix (NASDAQ: NFLX) raised most prices by 60% (Reuters)

Investors will watch Google’s (NASDAQ: GOOG) expense level after a busy quarter (Reuters)

Electronic Arts (NASDAQ: ERTS) bought PoPCap for $750 million (Reuters)

The UK parliament will vote against the News Corp (NYSE: NWS) takeover of BSkyB (Reuters)

EU banks have begun to prepare for the costs of defaults or write downs of the region’s bonds (WSJ)

Verizon (NYSE: VZ) has pressed it unions for concessions (WSJ)

The Bank of Japan raised estimates of a rebound (WSJ)

Research In Motion’s (NASDAQ: RIMM) board was reelected (WSJ)

Yahoo! (NASDAQ: YHOO) will try to use entertainment sites and popular blogs to increase traffic (WSJ)

M&A and buyouts have kept the junk bond market healthy (WSJ)

The EU says it will back banks that fail stress tests (NYT)

Carriers that felt threatened by Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) Android may help RIM (NYT)

A U.S. Senator calls for an investigation into illegal activity by News Corp (FT)

News Corp has been pressured to reform its board (FT)

The cost of Italy’s debt offerings rose (FT)

Corn is being used more for ethanol than food (FT)

French banks face great risk from a Italian default (Bloomberg)

Spain may need deeper spending cuts to help its budget problem (Bloomberg)

JP Morgan (NYSE: JPM) and Citigroup (NYSE: C) will struggle to move revenue higher (Bloomberg)

Douglas A. McIntyre

The Average American Has No Idea How Much Money You Can Make Today (Sponsor)

The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.

But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

 

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

1 https://www.fdic.gov/national-rates-and-rate-caps

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.