Media Digest (10/11/2010) Reuters, WSJ, NYT, FT, Bloomberg
Reuters: CNOOC offered $1.1 billion for a part of Chesapeake Energy, a deal the US may not approve. Reuters: Pressure to investigate mortgage practices has begun to build for banks. Reuters: South Korea warned about trouble in the FX market.…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Reuters: Pressure to investigate mortgage practices has begun to build for banks.
Reuters: South Korea warned about trouble in the FX market.
Reuters: Microsoft (NASDAQ: MSFT) is about ready to launch new phones with AT&T (NYSE: T)
Reuters: Sinochem (NYSE: SNP) and Canadian pension funds may make a counter-offer for Potash (NYSE: POT)
Reuters: Some nations involved in the IMF want the fund to be tough on large shareholders such as the US.
Reuters: Earnings will not be able to get the market to focus on much more than Fed plans.
Reuters: Monetary policy has done less and less to affect economies.
Reuters: Gold remained near record levels as oil topped $83.
Reuters: M&A activity has increased in the social game industry.
Reuters: The Daily Beast and Newsweek are closer to a merger.
Reuters: There is strong early demand for the AIA IPO.
WSJ: Companies hire new workers more slowly that in the past, according to Manpower.
WSJ: A delay in the foreclosure market could badly hurt the housing market.
WSJ: High bonus agreements may hurt Wall St. earnings.
WSJ: The Business Council will gather and plan to suggest better measures to improve the economy.
WSJ: The IMF may lengthen the term of its loan to Greece.
WSJ: A new service may allow web surfers to save ads that they may want to use later.
WSJ: CEOs are deferring major decisions due to the economy.
WSJ: eFinancialCareers reports that bankers are still optimistic about their bonuses.
WSJ: Ebay’s (NASDAQ: EBAY) has weapons to hit Amazon.com’s apps business including PayPal.
NYT: Marketers have gained more access to web surfer’s privacy data.
NYT: Twitter may become as important of an ad buy as Facebook.
NYT: Bloomberg will create a data-base on the detail of government operations.
FT: The IMF came to no conclusion on currency wars.
FT: Wal-mart (NYSE: WMT) will shortly launch its small store plan
Bloomberg: The Irish treasury will use $28 billion to prevent a Greece-like collapse.
Bloomberg: OPEC will probably keep up current crude output.
Douglas A. McIntyre
Contact [email protected] for any questions or corrections.
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.