Media Digest 2/2/2011 Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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BP plc (NYSE: BP) may face US charges that it manipulated gas prices. (Reuters)

Roche said that regulations in the US could harms its results. (Reuters)

Borders Group (NYSE: BGP) may file for bankruptcy soon. (Reuters)

Brent crude hit a 28 month high. (Reuters)

US stocks reached 30 month highs. (Reuters)

Cable TV earnings are likely to help Time Warner (NYSE: TWX) and News Corp (NYSE: NWS) quarterly results. (Reuters)

Amazon.com (NASDAQ: AMZN) will launch a streaming media service. (FT)

Sanofi-Aventis will buy Genzyme (NASDAQ: GENZ) for over $70 and will offer a payout if a drug in trials is successful. (Reuters)

Wall St compensation reached $135 billion in 2010. (WSJ)

Gap (NYSE: GPS) will name a new head of its North American unit. (WSJ)

An improvement in the earnings at Hilton will help Blackstone’s (NYSE: BX) numbers. (WSJ)

Concerns are growing the China will block US technology in favor of solutions made in the People’s Republic. (WSJ)

US car sales rose 15% in January. (WSJ)

Google (NASDAQ: GOOG) said Microsoft (NASDAQ: MSFT) copied its search results with Bing. (WSJ)

Apple Inc (NASDAQ: AAPL) may have rejected a Sony (NYSE: SNE) e-book app. (WSJ)

Cooper prices reached new highs. (WSJ)

Manufacturing activity rose sharply in January. (WSJ)

Healthcare companies have moved ahead to implement heathcare reforms .(WSJ)

Egypt’s economy is under great pressure. (WSJ)

Japan’s exports are helping to offset the value of the yen. (WSJ)

Citigroup (NYSE: C) took control of troubled EMI. (WSJ)

The movement among US companies to use temporary workers will help firms like Manpower. (WSJ)

The DJIA rose above 12,000. (WSJ)

Trepp said mortgage delinquency rates hit 9.34% in January.

China may raise rates again to offset inflation but the action will help the nation’s savers. (NYT)

Sales of large vehicles helped auto company results in January. (NYT)

Comcast (NASDAQ: CMCSA) and Time Warner (NYSE: TWX) will create a streaming service to attack Netflix. (NASDAQ: NFLX) (NYT)

The Federal Reserve now holds more Treasuries than China. (FT)

Amazon.com (NASDAQ: AMZN) will launch a movie streaming service. (FT)

A global PMI study showed a sharp rise in inflation. (FT)

The SEC took $400 million in leases without competitive bidding. (FT)

A huge cyclone has caused the shuttering of more mines in Australia. (Bloomberg)

Toyota Motor (NYSE: TM) sales have come back from the period of huge recalls. (Bloomberg)

EU leaders will make promises to solve the region’s debt crisis. (Bloomberg)

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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