Stocks: (AIG)(F)(EXP)(C)According to Reuters, AIG’s earnings more than doubled in the third quarter as the company avoided the hurricane claims it had last year.Reuters writes that Ford will delay filing it 10-Q as it does some restatement of earnings.Reuters writes that Disney’s profits more than doubled as it theme parks, networks, and studio did well.The Wall Street Journal writes that Consumer Reports rated some cars from Detroit well for reliability, but Japanese cars maintained a lead in the survey.The Wall Street Journal writes that Goodyear swung to a quarterly loss driven by labor problems and higher commodity cost.The Wall Street Journal reports that Expedia earnings dropped 26% as domestic growth in booking fell.The Wall Street Journal also reports that Citigroup has had problems expanding into the Chinese market as government regulations has thwarted its efforts.The New York Times writes that brand marketers are producing their own TV shows in the hopes of strengthening bonds to consumers.The NYT also writes that Viacom’s results fell as its studio did poorly.Douglas A. McIntyre
Media Digest 11/10/2006 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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