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Media Digest 5/25/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Stocks around the world continue to fall on euro concerns. Reuters:   The bailout of Spanish banks is not over. Reuters:   S&P says a “herd” mentality could drive European stocks down. Reuters:   The IMF…

Douglas A. McIntyre · 16 years ago

Media Digest 5/24/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   China avoided a commitment on the yuan’s value during talks with the US. Reuters:   A Senate committee will look at the UAL (NASDAQ: UAUA) merger with Continental (NYSE: CAL). Reuters:   Geithner pushed the…

Douglas A. McIntyre · 16 years ago

Media Digest 5/21/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Shares in Europe plunged Reuters:   Oil hit the shores of Louisiana Reuters:   The EU faces scrutiny over whether its austerity measure will be adequate. Reuters:   The euro moved up in a short covering…

Douglas A. McIntyre · 16 years ago

Media Digest 5/20/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The Senate was not able to reach consensus on the financial reform bill. Reuters:   Heavy oil from the BP plc (NYSE: BP) rig came ashore in Louisiana. Reuters:   Trading systems broke down at…

Douglas A. McIntyre · 16 years ago

Media Digest 5/19/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Senate Democrats are fighting over financial reform. Reuters:   Fishing bans are growing in the Gulf. Reuters:   GM will stop paying union employees who quit. Reuters:   The euro fell after Germany banned certain types…

Douglas A. McIntyre · 16 years ago

Media Digest 5/17/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

MarketWatch:   Shanghai closed down 2% and Europe is weak MarketWatch:   The euro hit a four year low against the dollar. Reuters:   BP plc (NYSE; BP) says it is making progress with the leak. Reuters:  …

Douglas A. McIntyre · 16 years ago

Deepwater Horizon Spill Hits More Gulf Coast Shores

More oil moved ashore from the leak of the wreck of the Deepwater Horizon rig. Some scientists believe that the amount of crude being released each day-5,000 by NOAA estimates–is undermeasured by five or six…

Douglas A. McIntyre · 16 years ago

Video Game Sales Get Crushed, iPhone May Be Culprit

Video game sales in the US were decimated in April. It is not clear whether this is due to the growth of free games, especially online and on social network sites, or a pullback in…

Douglas A. McIntyre · 16 years ago

Media Digest 5/14/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The Senate backed restrictions on credit rating agencies and credit card fees. Reuters:   Oil dropped to a three-month low based on demand. Reuters:   Facebook will hold a staff meeting on privacy. Reuters:   Video…

Douglas A. McIntyre · 16 years ago

Blockbuster, Staggered, Loses Its Footing

Blockbuster, Inc (NYSE: BBI), nearly ruined by the high cost of its store network and withering from competition from NetFlix (NYSE: NFLX) and the kiosk operator Redbox, posted another quarter of dismal results. The rental chain’s net loss for…

Douglas A. McIntyre · 16 years ago

Media Digest 5/13/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

NYT:   NY Attorney General is investigating eight banks for allegedly providing misleading information about mortgage instruments to rating agencies: The Goldman Sachs Group (NYSE: GS), Morgan Stanley(NYSE: MS), Deutsche Bank (NYSE: DB), UBS (NYSE: UBS),…

Douglas A. McIntyre · 16 years ago

Media Digest 5/11/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The SEC said there was no single cause of the market plunge. Reuters:   The Senate approved a single audit of the Fed. Reuters:   Morgan Stanley Group (NYSE: MS) is the subject of a…

Douglas A. McIntyre · 16 years ago

Media Digest (5/11/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:  Doubts about the EU plan drove markets down. Reuters:   SEC and the exchanges will boost market rules to prevent huge sell-offs. Reuters:   A Fed official said nations must rebalance their inward and outward capital flows.…

Douglas A. McIntyre · 16 years ago