Media Digest (11/16/2011) Reuters, WSJ, NYTimes, 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.

Facebook hit by a bug that put porn and graphic violence images onto many pages. (Reuters)

Apple (NASDAQ: AAPL) names Walt Disney (NYSE: DIS) CEO Robert Iger to its board. (Reuters)

Dell (NASDAQ: DELL) says sales were flat and it warns about future results. (Reuters)

Nokia (NYSE: NOK) to release a Microsoft (NASDAQ: MSFT) Windows-based tablet next year. (Reuters)

Shareholders want Eastman Kodak (NYSE: EK) to remove its poison pill. (Reuters)

More than 30,000 MF Global investors cannot get their money back. (WSJ)

The debt of Austria, France and the Netherlands comes under attack and yields rise. (WSJ)

Dissent among Merrill Lynch brokers may hurt CEO Brian Moynihan’s position with the Bank of America (NYSE: BAC) board. (WSJ)

Ford (NYSE: F) to launch a new SUV with the hope that its can be sold around the world. (WSJ)

Citigroup (NYSE: C) will cut almost 1,000 jobs. (WSJ)

Sony (NYSE: SNE) may start an internet TV service. (WSJ)

Medco’s (NYSE: MHS) Neuroscience Therapeutic Resource Center reports that the use of psychiatric drugs has spread quickly. (WSJ)

U.S. retail sales rise more than expected in October. (WSJ)

A Brazilian effort will cause the World Trade Organization to look at the yuan’s value. (WSJ)

General Motors’ (NYSE: GM) Cadillac will launch more cars to compete with BMW. (WSJ)

Walmart (NYSE: WMT) posts mediocre earnings on improved U.S. same-store sales. (WSJ)

LinkedIn (NYSE: LNKD) will try to keep confidence in its shares as major holders sell. (WSJ)

Sony, Universal and EMI will be part of the release of a new Google (NASDAQ: GOOG) music service. (WSJ)

The flow of oil from Libya increases substantially. (NYT)

Apple sells more products into the business market. (NYT)

A new Stanford study shows the size of middle-class neighborhoods is shrinking. (NYT)

Airbus and Boeing (NYSE: BA) each get about the same number of orders at the Dubai air show. (Bloomberg)

Car sales fall in Europe in October, with Fiat losing sales. (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.

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