Stocks: (TM)(V)(MSFT)(VOD)(YHOO)(BA)(VZ)(NWS)(ABT)According to Reuters, Toyota operating profit rose 44% in the most recent quarter, and the company upped it full year forecasts.Reuters writes that Vivendi had poor Q3 results due to low mobile and music sales.Reuters writes that Yahoo! has begun an image advertising test on cell phones. The delivery of graphic ads will be aimed at seeing whether branding ads can be moved to phones.Reuters reports that Samsung sees the mobile phone market growing only 10% in 2007.Reuters also writes that Microsoft will offer movies and TV on its new Xbox system.The Financial Times writes that Boeing will up its 787 production to meet new demand.The Wall Street Journal reports that Verizon is in late stage talks with YouTube to bring video to its cellphones and nationwide IPTV service.The Wall Street Journal writes that Vodafone will use the Microsoft mobile operating system on many of its phones in a bid to cut the number of OSs that it has to put on its handsets and to improve development time and cost.The Wall Street Journal also writes that Abbott Labs will pay $3.7 million for Kos Pharmaceuticals which makes a drug that raised good cholesterol.The New York Times writes that MySpace is trying to move into foreign markets but is finding that internet social site behavior can be very different outside the US.The New York Times also writes that Overstock posted a large loss and may have to raise money next year.Douglas A. McIntyre
Media Digest 11/7/2006 Reuters, Wall Street Journal, New York Times
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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