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Media

Media Digest (12/14/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

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A CME (NASDAQ: CME) executive says Jon Corzine knew about money that MF Global transferred to European accounts. (Reuters)

Accounting problems at Olympus may make it a takeover target. (Reuters)

Italian bond yields hit a eurozone record. (Reuters)

Avon Products (NYSE: AVP) replaces its CEO. (Reuters)

China vows to keep its economy growing despite difficulties elsewhere. (Reuters)

HTC says a ruling on IP issues with Apple (NASDAQ: AAPL) has been delayed. (Reuters)

The euro hits an 11-month low. (WSJ)

Olympus restates earnings. (WSJ)

Best Buy (NYSE: BBY) earnings come in below expectations, due in part to competition with Amazon.com (NASDAQ: AMZN). (WSJ)

General Electric (NYSE: GE) will find its earnings undermined in Europe. (WSJ)

The head of AMD (NYSE: AMD) plays down parts shortages after Intel (NASDAQ: INTC) warns on earnings. (WSJ)

The National Transportation Safety Board calls for a ban on cellphone use and text devices in cars. (WSJ)

A fight about payroll taxes delays the federal budget bill. (WSJ)

California must make $981 million in mid-term budget cuts. (WSJ)

Chrysler’s CEO says the company could make a $3 billion operating profit next year. (WSJ)

Morgan Stanley (NYSE: MS) must return about $700 million to investors in its flagship global real-estate fund.  (WSJ)

MBIA (NYSE: MBI) will pay Morgan Stanley $1.1 billion to settle allegations of selling guarantees on real estate. (WSJ)

Commerzbank may have too small a capital reserve if eurozone financial problems worsen. (NYT)

The Organisation for Economic Co-operation and Development says members must defend internet freedoms. (NYT)

International Monetary Fund officials urge more austerity for Greece. (NYT)

EU officials say the a new treaty already is beset by political arguments. (FT)

GE’s Immelt says the company could have double-digit growth if its industrial operations do well. (FT)

EBay’s (NASDAQ: EBAY) PayPal will challenge Groupon (NYSE: GRPN) and LivingSocial. (Bloomberg)

Members of OPEC, including Iran and Saudi Arabia, agree the group should set a production ceiling of 30 million barrels a day.  (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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Media Digest (11/11/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

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Media Digest (1/17/2011) Reuters, WSJ, NYT, FT, Bloomberg

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Media Digest (1/10/2011) Reuters, WSJ, NYT, FT, Bloomberg

Olympus sues its CEO and former board members for $50 million in compensation, and shares rise. (Reuters) China’s trade growth…
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Media Digest (11/14/2011) Reuters, WSJ, NYTimes FT, Bloomberg

Italy and Greece begin efforts to prove that their sovereign debt is safe. (Reuters) Groupon (NASDAQ: GRPN) will make a…
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Eurozone officials will increase the size of the funds to create “firewalls” around financially troubled nations. (Reuters) Research In Motion’s…
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Media Digest (1/12/2012) Reuters, WSJ, NYT, FT, Bloomberg

Olympus may partner with Samsung. (Reuters) RBS cuts 3,500 investment bank jobs. (Reuters) RealtyTrac reports that foreclosures reached a four-year…
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