Media Digest (9/28/2010) Reuters, WSJ, NYT, FT, Bloomberg

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

Invalid Image
Reuters:   US businesses fear a fight over the yuan will cause a trade disaster.

Reuters:   The US will test a cyber-blitz response plan.

Reuters:   JPMorgan Chase (NYSE: JPM) may go to the FDIC for Washington Mutual claims.

Reuters:   Research In Motion (NASDAQ: RIMM) released it Playbook tablet to compete with the Apple Inc (NASDAQ: AAPL) iPad.

Reuters:   Facebook will probably have an IPO after late 2012.

Reuters:   Cisco (NASDAQ: CSCO) will launch a line of consumer products.

Reuters:   Southwest (NYSE: LUV) will buy AirTran (NYSE: AAI) to get its East Coast routes.

Reuters:   American International Group (NYSE: AIG) is closer to a plan to get money back to taxpayers.

Reuters:   NBC Universal will launch a $5.1 billion debt sale.

WSJ:   Authors are being pinched by e-book fees.

WSJ:   The Fed may begin the purchase of more securities.

WSJ:   The FDIC has not instituted a plan to handle the failure of large firms like Lehman.

WSJ:   AOL (NYSE: AOL) may buy the TechCrunch blog.

WSJ:   Morgan Stanley (NYSE: MS) has decided to freeze hiring in some portions of the bank.

WSJ:   The EU will end an antitrust probe against Apple.

WSJ:   Voters have begun to focus on rising state and local taxes as they begin to vote in November.

WSJ:   GE (NYSE: GE) will go into business Harbin Power to build wind turbines.

WSJ:   A Southwest buyout of AirTran would help put price pressure on Boeing (NYSE: BA)

WSJ:   SAP’s web-based services are faltering.

WSJ:   Nestle will introduce more food targeted at those who are health conscious

WSJ:   Dubai may return to the debt markets after a near-default.

WSJ:   Brazil Finance Minister Guido Mantega said a worldwide currency trade war has begun.

WSJ:   The Treasury will sell $50 billion in new paper.

NYT:   The GAO says the presence of women in the workforce as not improved.

NYT:   South Carolina will created a new company to oversee its private equity holdings.

FT:   The IMF said its supports the UK austerity plan.

FT:  Several downgrades have made risky bank bonds harder to sell.

Bloomberg: PSA Peugeot Citroen will launch a diesel-electric car.

Bloomberg:   The chairman of the American Chamber of Commerce in Shanghai says China may retaliate over pressure on the yuan.

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