Media Digest 7/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   CIT (CIT) is rushing to get financing before its goes bankrupt.

Reuters:   Bank earnings are boosting recovery hopes.

Reuters:   IBM (IBM) hiked its full-year outlook.

Reuters:   Google’s (GOOG) quarterly results were mediocre.

Reuters:   Roubini says worst is behind the economy.

Reuters:   Delphi lenders are in talks that could lead to auctions of parts of the company.

Reuters:   Exchange chiefs want the SEC and CFTC to merge.

Reuters:   Congress is getting a pay bill as bonuses on Wall St pick up.

WSJ:   CIT clients are scrambling to get new financial lifelines.

WSJ:   Rio Tinto (RTP) and other miners are cutting their global ambitions.

WSJ:   The CBO said the new healthcare plan would not effectively contain costs.

WSJ:   Harley (HOG) is weighing options for its financial arm.

WSJ:   Microsoft’s (MSFT) new ads are troubling Apple (AAPL).

WSJ:   Cisco (CSCO) began layoffs.

WSJ:   The pharma industry is getting most of what it wants from the new healthcare package.

WSJ:   Investors are taking at close look at GE’s (GE) real estate assets.

WSJ:   The IMF say UK banks may need more funds.

WSJ:   The creditworthiness of the overall bond market is dropping even as demand rises.

WSJ:   Hotel companies are still facing bleak outlooks.

WSJ:   Cellphone makers are still being hurt by the economy.

NYT:   Geithner sees evidence of a financial recovery.

FT:   Nokia (NOK) shares fell on poor results.

FT:   China is on track to make its GDP goals.

Bloomberg::   British Air will raise $980 million.

Bloomberg:   California’s debt is close to being downgraded to junk.

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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