Media Digest 7/10/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, the CME (CME) purchase of the CBOT (CBOT) was approved by shareholders.

Reuters writes that BHP Billiton (BHP) is looking for a partner to make a bid for Alcoa (AA).

Reuters reports that Ford (F) plans to increase its output in Russia.

Reuters also writes that shares in Sprint (S) rose on rumors of a potential buy-out offer from Korea’s SK Telecom.

The Wall Street Journal writes that the New York Stock Exchange is looking into trades in ABN Amro (ABN) which occured around the time that Barclays (BCS) made a bid for the bank.

The Wall Street Journal writes that Gemstar-TV Guide (GMST) has put itself on the market.

The Wall Street Journal reports that Ford (F) and GM (GM) will extend incentives on some of their vehicles to clear out inventories.

The New York Times writes that Danone (DA) will spend $16.8 billion to buy Royal Numico.

The FT reports that the IPO of EMC (EMC) unit VMWare could raise $1.1 billion.

Barron’s writes that several solar energy stocks including Hoku (HOKU) rose sharply on news of new customers.

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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