Media Digest 8/17/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published

Invalid Image
Reuters:   The GM IPO is about to be filed.

Reuters:   Several members of the Senate want the FCC to push ahead with its own internet rules and not rely on Google (NASDAQ: GOOG)

Reuters:   AOL (NYSE: AOL) will launch 500 local sites this year.

Reuters: Nielsen plans a $2 billion IPO

WSJ:   Voters will back tough deficit reduction.

WSJ:   A judge will not accept a $75 million settlement between the government and Citigroup (NYSE:C)

WSJ:   The Fed says that banks have begun to ease credit standards.

WSJ:   Toyota (NYSE: TM) has begun to reconsider its pedal design.

WSJ:   The Fed has begun to crack down on predatory mortgage lending.

WSJ:   The WTO want the EU to remove trade tariffs on tech equipment.

WSJ:   Three quarters of the BP spill could still be in the Gulf

WSJ:   THe RIM (NASDAQ: RIMM) Blackberry Torch is not making money.

WSJ:  China  was a net seller of US debt in June

NYT:   Retailers are working with Shopkick an app that helps shoppers find bargains in stores.

NYT:   Energy costs pushed prices up in Europe.

NYT:   Barclays (NYSE: BCS) agreed to pay $298 million for violating US trade law.

FT:   The number of US homes in arrears on mortgages is growing

Bloomberg:   China is worried about its export dependence.

Bloomberg:   Harvard topped US News rankings.

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.

Continue Reading

Top Gaining Stocks

DELL Vol: 42,366,555
NTAP Vol: 15,911,807
NOW Vol: 68,243,561
IBM
IBM Vol: 28,527,546
HPE Vol: 86,996,387

Top Losing Stocks

CTRA Vol: 73,319,495
CLX Vol: 4,744,001
RMD Vol: 3,526,686
INTC Vol: 191,680,425
SWKS Vol: 5,407,806