Media Digest (11/10/2011) Reuters, WSJ, NYTimes

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Financial concerns about Italy have raised the issue of a breakup of the eurozone. (Reuters)

China’s October imports rise but exports are weak. (Reuters)

A deal to name a new prime minister in Greece dissolves. (Reuters)

Corporate orders fall in Japan and executives are concerned the year’s final quarter will be no better. (Reuters)

EADS delays the launch of the Airbus A350 and takes a 300 million euro write-down. (Reuters)

Costco’s (NASDAQ: COST) numbers beat consensus estimates. (Reuters)

Cisco’s (NASDAQ: CSCO) earnings are better than expected. (Reuters)

The CEO of Zynga wants some employees to return restricted shares. (WSJ)

Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) may take charges they could have avoided had they not changed their status as banks. (WSJ)

A federal judge attacks a settlement between the SEC and Citigroup (NYSE: C) over fraud charges. (WSJ)

Crédit Agricole posts weak numbers on Greek debt write-downs. (WSJ)

Inventories of many U.S. firms drop, which means production probably will rise later in the year and into next. (WSJ)

Capital Research and Management, Yahoo!’s (NASDAQ: YHOO) largest shareholder, expresses concern about the company’s sales process. (WSJ)

Goldman sells some of its shares in China Industrial and Commercial Bank. (WSJ)

Jefferson Country, Ala., files for bankruptcy. (WSJ)

The National Association of Realtors says home prices in most cities continue to fall. (WSJ)

Michigan may take over the financially troubled city of Flint. (WSJ)

The International Energy Agency warns of rapid global warming over the next five years. (WSJ)

Weaker-than-expected earnings batter Green Mountain Coffee (NASDAQ: GMCR) shares. (WSJ)

Walmart (NYSE: WMT) will begin to add medical clinics to some of its stores. (WSJ)

American Express OPEN says many small companies will not offer year-end bonuses. (WSJ)

The USDA lowers its forecast for corn demand. (WSJ)

The new head of Google (NASDAQ: GOOG) quickens decision making. (NYT)

The EU will pass the U.S. as the largest oil importer. (NYT)

A trade war over solar parts begins between China and the U.S. (NYT)

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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