Media Digest (9/28/2012) Reuters, WSJ, FT, Bloomberg

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By Douglas A. McIntyre Published

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The future of French President Francois Hollande likely will be determined by the fate of his new austerity budget. (Reuters)

EADS says it will stay with a deadline set by regulators for its merger with BAE. (Reuters)

Research In Motion Ltd. (NASDAQ: RIMM) posts better-than-expected earnings. (Reuters)

Spain’s leaders will set an austerity package based more on cuts than higher taxes. (Reuters)

Facebook Inc. (NASDAQ: FB) will allow members to buy gifts as it moves into an e-commerce model. (Reuters)

The European Union will charge Microsoft Corp. (NASDAQ: MSFT) with breaking antitrust provisions set in 2009. (Reuters)

A slowing China economy hurts Appalachian coal mines. (WSJ)

Greece’s coalition partners agree to an austerity plan that should trigger an aid package. (WSJ)

Wal-Mart Stores Inc. (NYSE: WMT) will return into Japan after exiting in 2008. (WSJ)

General Electric Co. (NYSE: GE) says it expects strong returns from its jet engine and medical operations. (WSJ)

Intel Corp. (NASDAQ: INTC) will try to press into the tablet market once more with a product that will be married with Microsoft’s Windows 8. (WSJ)

The resurrection of a partnership between Walgreen Co. (NYSE: WAG) and Express Scripts Holding Co. (NASDAQ: ESRX) will not have occurred in time to help the drugstore firm’s earnings. (WSJ)

Fiat’s sales continue to be battered in Europe. (WSJ)

Greece is examining investments made in London by its rich citizens. (NYT)

U.K. regulators plan a complete change in the Libor system. (FT)

Trouble with the South Korean economy will hurt Japan’s gross domestic product. (Bloomberg)

Directors of Olympus approve a partnership with Sony Corp. (NYSE: SNE) meant to help its flagging financial situation. (Bloomberg)

Douglas A. McIntyre

Contact [email protected] for any questions or corrections.

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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