Media Digest (7/14/2011) 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.

The EU has reached no decision on Greece. The IMF favors private sector involvement (Reuters)

Japan warned about the economic results of the rapid rise in the yen (Reuters)

The dollar fell as Moody’s warned on U.S. debt (Reuters)

Gold prices reached an all-time high (Reuters)

Amazon (NASDAQ: AMZN) will offer a tablet PC in part to help its e-commerce business (Reuters)

Twitter will launch a system to help large advertisers to post marketing messages using their own technology (Reuters)

A plan by Netflix (NYSE: NFLX) to raise prices caused an investor backlash (Reuters)

Investors will watch margins and await to hear comments about its new social network products when Google’s (NASDAQ: GOOG) releases earnings (Reuters)

Regulators will review bank earnings to see if they mention payouts to take care of mortgage backed securities liabilities (WSJ)

Borders Group will probably be liquidated (WSJ)

Banks are locked in a debate with EU authorities about announcements of the results of stress tests (WSJ)

Cities have begun to attempt to get loans from banks (WSJ)

Spotify will launch a U.S. music service (WSJ)

Bernanke said the Fed would consider new efforts to help the economy if necessary (WSJ)

Utilities are concerned the new regulations of their plants will cause huge costs that the government may not allow them to offset with rate increases (WSJ)

Saudi Arabia has honored its pledge to sharply increase oil production (WSJ)

China property sales rose sharply in June, a sign the tightening has not undermined values in the real estate market (WSJ)

Toyota (NYSE: TM) will merge divisions to help efficiency (WSJ)

Japan tests of the Boeing (NYSE: BA) 787 Dreamliner have ended successfully (WSJ)

The New York Times (NYSE: NYT) paid off its debt to Carlos Slim (WSJ)

The U.S. increased its probe into “expert networks” that help large investors make decisions (WSJ)

The Financial Stability Oversight Council has not finished work to determine which banks are essential to the financial world (WSJ)

The U.S. has given up plans to lower carbon emissions from some energy plants (NYT)

EU leaders delayed a critical meeting on Greece (NYT)

Investors paid little attention to warnings on U.S. debt (FT)

Citigroup (NYSE: C) may keep its credit card group (FT)

The IMF pressed for private sector participation in a Greek debt restructure (FT)

Belief the Federal Reserve may begin QE3 pushed gold higher (FT)

Fitch gave Greece the lowest credit rating of any nation in the world (Bloomberg)

Italian banks may have trouble as they seek new funds (Bloomberg)

Sony (NYSE: SNE) will launch a new e-reader to compete with the Amazon Kindle (Bloomberg)

India’s inflation rate rose to 9.44% (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