Media Digest 6/13/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, the IntercontinentalExchange (ICE) sweetened its bid for the CBOT (BOT).

The Wall Street Journal writes that the largest shareholder in Ceridian (CEN) will oppose its sale to Thomas Lee Partners for $5.3 billion.

The Wall Street Journal reports that Airbus has only 13 firm orders for its A350 compared to over 600 for the rival Boeing (BA) 787.

The Wall Street Journal also writes that a federal court refused to throw out a suit against Boston Scientific (BSX) over alledgedly faulty defibrillators.

The WSJ also reports that shareholders have sued GlaxoSmithKline (GSK) saying that the company mislead the market about the safety of its drug Avandia.

According to The New York Times, news management at The Wall Street Journal will be shaken up by its new editor.

The New York Times writes that ConAgra (CAG) is overhauling some of its major brands in a bid to increase revenue.

FT reports that Barclays (BCS) is preparing to improve its bid for ABN Amro (ABN).

Barron’s writes that Comcast (CMCSA) is now one of the cheapest stocks in the S&P 500 according to certain measurements.

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.

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