Media Digest (11/29/2010) Reuters, WSJ, NYT, FT, Bloomberg
Reuters: ECB executives sought to calm capital markets and assure them that the Ireland bailout should stabilize the euro. Reuters: Online bargain hunting has spread beyond CyberMonday. Reuters: Members of the President’s deficit reduction panel have made changes to their…
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Reuters: Online bargain hunting has spread beyond CyberMonday.
Reuters: Members of the President’s deficit reduction panel have made changes to their plan to draw wider support.
Reuters: A GfK survey shows consumers are not loyal to their handset brands.
Reuters: Acer plans to become the top PC seller next year.
Reuters: Global companies have $4.3 trillion on balance sheets which will be used for M&A and dividend payments.
Reuters: BP plc (NYSE: BP) will sell its Pan American stake for $7 billion.
WSJ: Europe has set a deal which may force some private investors to share burdens of bailouts after 2013.
WSJ: Wal-Mart (NYSE: WMT) plans to buy control of South America’s Massmart.
WSJ: Emerging markets face rapid inflation.
WSJ: Salon.com may be sold.
WSJ: The medical community has begun to set up more efficient healthcare facilities to meet federal goals on costs.
WSJ: Federal officials shut down a number of piracy sites.
WSJ: China online powerhouse Tencent will open its platform to third-party developers.
WSJ: Dubai may sell assets including Emirate Air.
WSJ: Autodesk has started to launch consumer products.
WSJ: The Collegiate Employment Research Institute says companies are still wary of hiring recent college graduates.
WSJ: Website marketing has moved much online shopping beyond CyberMonday.
WSJ: The dollar is once again a primary safe haven.
WSJ: China overseas investments have begun to target consumer companies.
WSJ: Verizon (NYSE: VZ) would like to see smartphone functions move from handsets to networks.
NYT: Google’s (NASDAQ: GOOG) slower pace of growth has made it harder to keep creative talent.
NYT: Ebay’s (NASDAQ: EBAY) PayPal has moved aggressively into mobile e-commerce.
FT: Ireland will pay 6% on its new debt.
FT: Amazon.com (NASDAQ: AMZN) has set plans to move into new countries.
FT: The SEC will seek ways to cut insider trading rings that have expanded to Asia and Europe.
Bloomberg: Greece will have 4.5 more years to pay its bailout debt.
Bloomberg: Ireland’s low corporate tax policy will remain unchanged.
Douglas A. McIntyre
Contact [email protected] for any questions or corrections.
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.