Media Digest (9/28/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
IPOs of Citic Securities and Great Wall Motor struggle, a sign that offerings from China are in trouble. (Reuters)

The unresolved Greece problem continues to damage markets. (Reuters)

Amazon.com (NASDAQ: AMZN) may price its tablet PC at $250, well below the Apple (NASDAQ: AAPL) iPad. (Reuters)

Apple to release its new iPhone on October 4. (Reuters)

Merkel may lose support in her own party over funds for the Greek bailout. (Reuters)

Research In Motion (NASDAQ: RIMM) shares move higher on rumors that Carl Icahn has taken a position. (Reuters)

State and federal employment taxes on employees rise as states press to pay back unemployment money owed to the federal government. (WSJ)

Forrester Research says that tablet PC owners are more likely to buy retail goods than users of other computers. (WSJ)

Employee health care costs rise 9%  in the past year. (WSJ)

Japanese government announces a $156 billion spending program. (WSJ)

Greek parliament passes a property tax law. (WSJ)

A federal jury charges that Whirlpool (NYSE: WHR), Panasonic (NYSE: PC) and Tecumseh Products (NASDAQ: TECUA) fixed prices for compressors used in home appliances. (WSJ)

Anadarko Petroleum (NYSE: APC) to try to sell its assets in Brazil. (WSJ)

S&P warns on the value of Chinese property developers. (WSJ)

Recovery in commercial mortgage-backed securities falters. (WSJ)

Hackers begin to focus on smartphones. (NYT)

Suit against Bank of America (NYSE: BAC) over its buyout of Merrill Lynch could cost the financial firm billions. (NYT)

Seven European nations want banks to pay more for a bailout of Greece. (FT)

Toyota’s (NYSE: TM) production rises for the first time since the earthquake. (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.

Continue Reading

Top Gaining Stocks

AKAM Vol: 21,556,944
MU Vol: 65,135,624
INTC Vol: 227,504,426
MNST Vol: 15,284,847
DELL Vol: 12,167,525

Top Losing Stocks

MSI Vol: 3,101,643
EXPE Vol: 4,189,786
CTRA Vol: 73,319,495