Media Digest (11/9/2011) Reuters, WSJ, NYTimes, FT
Greece will announce its new government today. (Reuters) Inflation in China drops in October. (Reuters) Olympus investment losses may have gone above $1 billion. (Reuters) Silvio Berlusconi leaves as prime minister of Italy. (Reuters) Investors will focus on General Motors’…
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Greece will announce its new government today. (Reuters)
Inflation in China drops in October. (Reuters)
Olympus investment losses may have gone above $1 billion. (Reuters)
Silvio Berlusconi leaves as prime minister of Italy. (Reuters)
Investors will focus on General Motors’ (NYSE: GM) $20 billion unfunded pension liability as it releases earnings. (Reuters)
Microsoft (NASDAQ: MSFT), Aol (NYSE: AOL) and Yahoo! (NASDAQ: YHOO) set a new advertising sales partnership. (Reuters)
Samsung will invest nearly $34 billion in R&D next year. (Reuters)
An Informa study for the Wireless Broadband Alliance says Wi-Fi hot spots will grow by four times by 2015. (Reuters)
Nvidia (NASDAQ: NVDA) releases new products for tablet PCs. (Reuters)
Yelp hires banks to take it public. (Reuters)
Carlyle Group sharply cuts fees as it tries to raise money for a $$2.3 billion real estate fund. (WSJ)
Investors aggressively sell Italian bonds. (WSJ)
Foreign markets help AB Inbev’s (NYSE: BUD) earnings. (WSJ)
Vivendi makes a bid for EMI. (WSJ)
Fannie Mae wants another $7.8 billion from the government. (WSJ)
The number of U.S. job openings rose to 3.4 million in September from 3.1 million in August. (WSJ)
President Obama approves very limited off-shore drilling. (WSJ)
The State Department may agree to move the Canada-to-U.S. pipeline around a section of Nebraska. (WSJ)
Amylin (NASDAQ: AMLN) and Eli Lilly (NYSE: LLY) kill their diabetes drug partnership. (WSJ)
Adobe (NASDAQ: ADBE) cuts 750 jobs. (WSJ)
Credit Suisse (NYSE: CS) will give the U.S. names of clients who may have evaded taxes. (WSJ)
The FCC wants to expand low-income family access to high-speed internet. (NYT)
The head of HSBC (NYSE: HBC) says Asia faces a shortage of available credit. (FT)
Douglas A. McIntyre
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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.