Media Digest (10/31/2012) Reuters, WSJ, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

Walt Disney Co. (NYSE: DIS) buys Lucasfilm for $4.05 billion. (Reuters)

Many members of the Greek parliament will vote in favor of austerity measures. (Reuters)

Chrysler will not move Jeep manufacturing to China. (Reuters)

Banks may not cut fixed-income operations as UBS A.G. (NYSE: UBS) did, but rising costs make industry layoffs likely. (Reuters)

The World Economic Forum names Hong Kong the top financial center in the world. (Reuters)

Panasonic loses $8.77 billion on weak sales of consumer electronics. (WSJ)

Ford Motor Co.’s (NYSE: F) profits rise because of U.S. sales. (WSJ)

Case-Shiller data show an increase in home prices in most large markets. (WSJ)

India’s central bank leaves its key interest rates unchanged. (WSJ)

Caesars Entertainment Corp. (NASDAQ: CZR) will leave Macau and rely on it U.S. operations. (WSJ)

Fiat will focus on small cars to try to reverse flagging fortunes in Europe. (WSJ)

Data from a key industry group show newspaper circulation falling again in the most recent measured period. (WSJ)

The chance that the European Central Bank will buy sovereign debt helps push Italy’s borrowing costs to a one-year low. (WSJ)

Chinese companies find that fewer and fewer customers pay their bills. (FT)

The European Union draft budget divides nations in the region. (FT)

Several economist believe that Hurricane Sandy may hurt U.S. GDP growth. (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.

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