Media Digest 5/28/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published

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Reuters:   Ford Motor (NYSE: F) may kill the Mercury  brand.

Reuters:   Apple Inc. (NASDAQ: AAPL) is finding a flood of Asian buyers for the iPad.

Reuters:   Prudential plc is in talks with American International Group Inc (NYSE: AIG) to cut the price of AIA.

Reuters:   The euro dropped again as short covering stopped.Reuters:   Gold fell as investors moved to stocks.

Reuters:   Nokia oy (NYSE: NOK) and Opera support Adobe Inc.’s (NASDAQ: ADBE) Flash format.

Reuters:   Opera says it has 2.6 million downloads on iPhone.

Reuters:   Wall St. is debating the eventual fate of Walt Disney Co.’s (NYSE: DIS) ABC unit.

WSJ:   Royal Dutch Shell (NYSE: RDS) bought natural gas firm East Resources for $4.7 billion.

WSJ:   Greece still may have to restructure its debt.

WSJ:   The CEOs of Continental (NYSE: CAL) and UAL, Inc (NASDAQ: UAUA) are pushing the merger.

WSJ:   The UAW wants new concessions from The Big Three.

WSJ:   Google Inc.’s (NASDAQ: GOOG) Android, being put on many tablet PCs is a rival to the iPad.

WSJ:   The BP spill is now bigger than the Exxon Valdez.

WSJ:   The FDA may levy penalties on Johnson & Johnson Inc (NYSE: JNJ) for its handling of children’s drugs.

WSJ:   Motorola Inc (NYSE: MOT) is raising its reliance on Verizon Wireless and Android.

WSJ:  Pequot Capital paid $28 million in fines for insider trading.

WSJ:   Large investment banks are competing for the business to take GM public.

WSJ:   Time Warner,Inc. (NYSE: TWX) needs to be more aggressive with digital content.

NYT:   Ford  is will improve fuel mileage to improve Explorer sales.

NYT:   A strike in China is forcing Honda Motor (NYSE: HMC) to close a plant.

NYT:   Geithner says the global financial overhaul must vary by nation.

NYT:   Spain narrowly approved austerity measures.

FT:   Goldman Sachs Group (NYSE: GS) is trying to settle with the SEC on acceptance of a lesser offense.

FT:   China’s national fund is concerned about shaky European finances.

FT:   Congress dealt a setback to EADS plans to bid for an Air Force tanker project.

Bloomberg:   Bond sales have dropped to their lowest level since 2000 as spreads have widened.

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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