Media Digest (4/3/2012) Reuters, WSJ, NYT, FT
Apple’s (NASDAQ: AAPL) iPad is the number one tablet PC in a new Consumer Reports survey. (Reuters) CEO pay jumps for last year as stock options rise. (Reuters) Avon (NYSE: AVP) turns down a $10 billion offer from Coty. (Reuters)…
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CEO pay jumps for last year as stock options rise. (Reuters)
Avon (NYSE: AVP) turns down a $10 billion offer from Coty. (Reuters)
Strong U.S. economic data push Brent crude above $125. (Reuters)
Christian Brothers Investment Services, a News Corp. (NASDAQ: NWS) shareholder, wants an independent chairman. (Reuters)
Fund Third Point presses its proxy war against Yahoo! (NASDAQ: YHOO). (Reuters)
The Securities and Exchange Commission probes a Groupon (NASDAQ: GRPN) restatement of financials prior to last year’s IPO. (WSJ)
Avon becomes a target for takeover by several companies. (WSJ)
Express Scripts (NASDAQ: ESRX) and Medco (NYSE: MHS) get government approval for their merger. (WSJ)
People’s Bank of China Governor Zhou Xiaochuan says the global recession has not ended. (WSJ)
Illumina (NASDAQ: ILMN) rejects a new offer from Roche. (WSJ)
Vehicle sales rise 78% in Japan in March, compared to in the month of last year’s earthquake. (WSJ)
U.S. consumer demand helps the fortunes of U.S. factories. (WSJ)
China eases a ban on Twitter-like messages. (WSJ)
Poor manufacturing and employment data show a deepening eurozone recession. (WSJ)
Dell (NASDAQ: DELL) will buy Wyse Technology, a cloud tools company. (WSJ)
NYSE Euronext (NYSE: NYX) cuts a cost reduction plan after a failed merger with Deutsche Borse. (WSJ)
Some large investors may buy homes by the thousands. (NYT)
Several Germany towns would suffer greatly if Opel closes plants. (NYT)
Total (NYSE: TOT) says natural gas leaks in the North Sea cost it $2.5 million a day. (NYT)
The SEC wants boards of banks to be more accountable for risk. (FT)
Douglas A. McIntyre
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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.