Media Digest (4/30/2013) Reuters, WSJ, NYT, FT, Bloomberg
courtesy of AOL, IncSoftbank signals it will not increase its bid for Sprint Nextel Corp. (NYSE: S). (Reuters) Best Buy Co. Inc. (NYSE: BBY) will dump its Europe presence via selling its stake in Carphone. (Reuters) Trading profits help UBS…
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Softbank signals it will not increase its bid for Sprint Nextel Corp. (NYSE: S). (Reuters)
Best Buy Co. Inc. (NYSE: BBY) will dump its Europe presence via selling its stake in Carphone. (Reuters)
Trading profits help UBS A.G.’s (NYSE: UBS) first-quarter numbers. (Reuters)
EBay Inc.’s (NASDAQ: EBAY) PayPal is unable to get Wal-Mart Stores Inc. (NYSE: WMT) to be a client. (Reuters)
Eastman Kodak to give its camera film business to U.K. pensions to cover its obligations to them. (WSJ)
Deutsche Bank A.G. (NYSE: DB) will raise $3.65 billion in new capital. (WSJ)
Nielsen Holdings N.V. (NYSE: NLSN) to start to research online TV viewership. (WSJ)
Chrysler profits fall by two-thirds on falling sales and work to introduce new models. (WSJ)
After a board and investor battle, Occidental Petroleum Corp. (NYSE: OXY) will keep CEO Steve Chazen through 2014. (WSJ)
S&P, Moody’s Corp. (NYSE: MCO) and Morgan Stanley (NYSE: MS) agree to a $225 million settlement about misstating the value of certain mortgage instruments. (WSJ)
Corn prices rise 6.2% on fear that planting in the Midwest could be delayed or cancelled. (WSJ)
A sharp drop in sales in Volkwagen’s core market — Europe — damages its fortunes. (NYT)
BP PLC’s (NYSE: BP) earnings forecast exceeds Wall Street estimates. (FT)
A research firm says the Samsung Galaxy S4 breaks more easily than the Apple Inc. (NASDAQ: AAPL) iPhone 5. (Bloomberg)
Tech upgrades of telecom infrastructure in Europe could force 300,000 workers out of jobs. (Bloomberg)
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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.