Media Digest 12/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: China remains a top investment place for US firms. Reuters: Suzuki sold a stake to VW. Reuters: The Administration will extend TARP until next October. Reuters: The Congressional Oversight Committee said TARP had done little to promote bank lending.…
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Reuters: Suzuki sold a stake to VW.
Reuters: The Administration will extend TARP until next October.
Reuters: The Congressional Oversight Committee said TARP had done little to promote bank lending.
Reuters: Zillow says US home values will become more stable next year.
Reuters: General Growth drew a number of possible bids
Reuters: PepsiCo (NYSE:PEP) lowered the top end of its forecasts for next year.
WSJ: Funding from the US Import-Export Bank is helping Boeing (NYSE:BA) keep up plane production.
WSJ: The debt problems of nations may damage the economic recovery.
WSJ: Obama is pressing a new stimulus package.
WSJ: Game companies including Nintendo and Microsoft (NASDAQ:MSFT) are bringing out games for beginners.
WSJ: Some publishers are delaying e-books until after hardbacks are released.
WSJ: Exxon (NYSE:XOM) approved a large natural gas project.
WSJ: Nokia (NYSE:NOK) formed a joint venture to attack the Chinese market.
WSJ: TI (NYSE:TXN) raised its quarterly guidance.
WSJ: Some developers are launching Apple (NASDAQ:AAPL) applications for small businesses.
WSJ: A number of consumer products companies are for sale.
WSJ: AEP says it can eliminate carbon dioxide emissions from coal by 2025.
WSJ: UAL (NYSE:UAUA) will order new jets from Boeing (NYSE:BA) and Airbus.
WSJ: GE (NYSE:GE) said its credit losses should peak in 2010.
WSJ: Media companies say ad declines are slowing.
WSJ: Infosys is trying to cut its reliance on the US market.
WSJ: Google’s (NASDAQ:GOOG) energy unit is working on saving electricity.
WSJ: Biofuel companies are getting funds from the government.
WSJ: Nomura intends to increase its presence in the US.
WSJ: Mortgage and credit card delinquencies are expected to fall next year.
NYT: A panel said the TARP helped stop the financial panic.
NYT: GM will consider a quick program to repay its debt to the government.
NYT: Google (NASDAQ:GOOG) will offer a news by topic service put together with The Washington Post (NYSE:WPO) and The New York Times (NYSE:NYT).
NYT: The government’s mortgage relief plan is a failure so far.
NYT: A judge approved CIT’s plan to exit from Chapter 11.
FT: Japan’s GDP number was revised down sharply.
FT: A debate over Citigroup’s (NYSE:C) TARP repayment is slowing the bank’s effort to exit the program.
Douglas A. McIntyre
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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.