Media Digest (10/18/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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China’s GDP growth decelerates to 9.1%. (Reuters)

Concern about China growth and the EU disaster push global stocks lower. (Reuters)

Federal Reserve officials argue about the future rate of inflation. (Reuters)

IBM (NYSE: IBM) earnings send its stock lower. (Reuters)

Apple (NASDAQ: AAPL) may beat earnings forecasts by double digits. (Reuters)

Boeing (NYSE: BA) hurt by cancellations of 787 Dreamliner orders. (Reuters)

The government may settle some mortgage claims with big banks in a deal that would see more underwater mortgages refinanced, which would help housing. (WSJ)

Hedges that involved MBIA (NYSE: MBI) hurt Morgan Stanley’s (NYSE: MS) balance sheet. (WSJ)

Angela Merkel of Germany smothers hopes of a quick and comprehensive resolution of EU financial problems. (WSJ)

ITC says Apple’s iPhone does not violate HTC patents. (WSJ)

Yahoo! (NASDAQ: YHOO) cuts some advertising prices by 5% to 15%. (WSJ)

Portugal announces plans for significant government expense cuts to bring down its deficit over the next two years. (WSJ)

Anadarko (NYSE: APC) to pay BP (NYSE: BP) $4 billion to settle claims from the Deepwater Horizon disaster. (WSJ)

Apple sells four million iPhone 4S models in the first three days it is available. (WSJ)

Wall St. still wonders what Apple will do with its $70 billion plus in cash. (WSJ)

Hedge fund manager David Einhorn attacks business practices at Green Mountain Coffee Roasters (NASDAQ: GMCR). (WSJ)

Banks begin to make more loans. (NYT)

Global climate change allows cargo ships to use an Arctic passage to cut their times to certain ports. (NYT)

The Kinder Morgan (NYSE: KMI) deal to buy El Paso (NYSE: EP) may have antitrust implications. (NYT)

Bank results raise the question of whether mortgage delinquencies have worsened. (FT)

France may lose its Aaa rating, based on comments by Moody’s. (Bloomberg)

Car sales in Europe rise as Volkswagen and BMW post strong results. (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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