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Media Digest 6/18/2007 Reuters, WSJ, NYTimes, FT, Barron’s

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By Douglas A. McIntyre Published
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According to Reuters, US Airways (LCC) order 22 A350s from Airbus.

Reuters writes that Microsoft (MSFT) has bought a minority interest in a Chinese TV maker.

Reuters reports that Nokia (NOK) will release three new handset and see its market share expanding.

Reuters reports that BHP Billiton (BHP) has revived its plans to buy Alcoa (AA).

Reuters reports that China Mobile (CHL) will list its shares in Shanghia to draw more domestic investors.

The Wall Street Journal writes that GE (GE) and Pearson (PSO) are in talks to buy Dow Jones (DJ)

The Wall Street Journal writes that reviewer have found several security flaws in Apple’s (AAPL) new browser, Safari.

The New York Times writes that Bank of America (BAC) is speeding up its push into private banking.

The New York Times reports that Blockbuster (BBI) will support the new Blu-ray HD format by renting movies using the tech exclusively in most of its stores.

FT reports that a number of large corporations and pension funds are calling for an end to quarterly earnings guidance in a move to keep hedge funds and short term investors out of stocks.

Barron’s reports that UTStarcom (USTI) is near collapsing.

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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