Media Digest (4/17/2012) 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.

Argentina may take control of huge energy company YPF. (Reuters)

Spanish debt costs continue to rise. (Reuters)

The International Monetary Fund will try to raise $400 billion, much less that previously planned. (Reuters)

The Chinese central bank says the nation had reached a “rare” moment of reform. (Reuters)

IBM (NYSE: IBM) may raise its full-year software demand forecast. (Reuters)

Oracle (NASDAQ: ORCL) says internal Google (NASDAQ: GOOG) documents show that the company violated patent rights. (Reuters)

Coty tries to get large investors in Avon (NYSE: AVP) to support a sale. (Reuters)

Trouble at Apple (NASDAQ: AAPL) pushes shares lower and may take markets down with it. (WSJ)

Spain may seize control of some states’ finances. (WSJ)

Carlyle may have trouble getting support for its IPO. (WSJ)

Bankruptcy may allow Jefferson County to take fees from JP Morgan (NYSE: JPM) and use them to pay for infrastructure products. (WSJ)

AOL (NYSE: AOL) makes it easier to bring TV advertisers to the Web. (WSJ)

The FDA seizes 59,000 pounds of yellowfin tuna tied to food poisoning. (WSJ)

The Buffett Rule does not pass in the Senate. (WSJ)

India’s central bank may cut rates. (WSJ)

The National Association of Letter Carriers wants the U.S. Postal Service to raise rates as part of an effort to save jobs. (WSJ)

Small jet makers are having increasing success in China. (WSJ)

Microsoft (NASDAQ: MSFT) to press further into open source software creation and support. (WSJ)

The Huffington Post is the first online property to win a Pulitzer Prize. (WSJ)

Online video sites like Hulu begin to pitch ads more like mainstream TV does. (NYT)

Rajat K. Gupta, a former Goldman Sachs (NYSE: GS) investor, will face more SEC charges. (NYT)

India’s central bank cuts rates by 50 basis points. (FT)

U.S. regulators approve the export of natural gas. (FT)

As Angela Merkel campaigns for office, she supports more austerity for Spain as a means to cut its deficit. (Bloomberg)

EU car sales drop to a 14-year low in March, according to the European Automobile Manufacturers Association. (Bloomberg)

Research In Motion (NASDAQ: RIMM) may hire bankers to consider its options. (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