Media Digest (8/13/2012) Reuters, WSJ, NYT, FT, Bloomberg
Brent crude rises to a three-month high of $114. (Reuters) Standard Chartered may try to settle with the government over money laundering charges. (Reuters) Barnes & Noble Inc. (NYSE: BKS) cuts prices of its Nook tablet. (Reuters) Samsung challenges Apple…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Standard Chartered may try to settle with the government over money laundering charges. (Reuters)
Barnes & Noble Inc. (NYSE: BKS) cuts prices of its Nook tablet. (Reuters)
Samsung challenges Apple Inc. (NASDAQ: AAPL) in court over the value of some of the iPhone’s features. (Reuters)
Nelson Peltz gets a board seat at Ingersoll-Rand PLC (NYSE: IR) as he presses it to improve shareholder values. (WSJ)
Banks in Europe buy back their bonds to help improve their balance sheets. (WSJ)
Groupon Inc.’s (NASDAQ: GRPN) sales force is under relentless pressure to improve results. (WSJ)
Honda Motor Co. (NYSE: HMC) to increase production in North America. (WSJ)
Money continues to move toward safe haven U.S. investments. (WSJ)
Japan grows at an annualized pace of 1.4% in the April to June period, much less than expected. (WSJ)
Capital Research Global Investors take a 10.5% stake in NetFlix Inc. (NASDAQ: NFLX) (WSJ)
Some Italian banks want to revalue their holdings in the Bank of Italy. (WSJ)
Motorola is expected to make large cuts now that it is owned by Google Inc. (NASDAQ: GOOG). (NYT)
The Commodity Futures Trading Commission takes the lead in Libor investigations. (NYT)
Over 1.6 billion Facebook Inc. (NASDAQ: FB) shares will come out of lock-up, another challenge to its stock price. (NYT)
The head of AMR says merger talks may begin soon. (FT)
The G-20 may call a special meeting to discuss world economic problems. (FT)
The weak euro helps multinationals. (FT)
“American Idol” sets a deal with Facebook to launch a new show. (FT)
“The Bourne Legacy” wins the North America box office race with a weekend take of $40.3 million. (Bloomberg)
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.