Media Digest 7/12/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Profit surprises are likely for companies linked to the oil spill. Reuters: Lawsuits against Apple Inc. (NASDAQ: AAPL) and AT&T (NYSE: T) over service were certified as class actions. Reuters: BP says it is making progress re-capping its well.…
Reuters: Lawsuits against Apple Inc. (NASDAQ: AAPL) and AT&T (NYSE: T) over service were certified as class actions.
Reuters: BP says it is making progress re-capping its well.
Reuters: Some analysts believe Europe’s finances are improving.
Reuters: The Fed has begun to worry about how badly the recession has hit states.Reuters: The Administration said it would make major changes at Fannie Mae and Freddie Mac.
WSJ: Small investors are leaving the stock market.
WSJ: A new survey shows that money managers worldwide are concerned about stock prices.
WSJ: A shortage of 4G parts has hurt the Sprint-Nextel (NYSE: S) initiative.
WSJ: Turner has taken over the online operations of Sports Illustrated to better compete against ESPN.
WSJ: Microsoft Corporation (NASDAQ: MSFT) and Fujitsu will join forces to increase their cloud computing capacity.
WSJ: Toyota Motor (NYSE: TM) is looking for alternative energy partners.
WSJ: Corporates executives are fighting to keep austerity price cuts in place.
NYT: Investors expect good quarterly profits and forecasts that will tell them about the recovery.
FT: Barry Diller called Google Inc.’s (NASDAQ: GOOG) move into online travel worrisome.
FT: US small businesses are paying their highest interest rates for loans in 25 years.
FT: PetroChina (NYSE: PTR) says its open to closer ties with BP.
Bloomberg: The EU is under pressure to disclose more about bank stress tests.
Bloomberg: Toyota and Tesla (NASDAQ: TSLA) may be preparing new versions of the RAV 4.
Bloomberg: A member of Obama’s debt reduction committee said states could not count on a federal bailout.
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.