Media Digest 7/24/2007 Reuters, WSJ, NYTimes, FT, Barron's

Investing

Published: July 24, 2007 3:12 am

According to Reuters, Dow Jones (DJ) controlling Bancroft family met to discuss Rupert Murdoch’s bid for the company and should vote later this week.

Reuters writes that revenue and income fell at Texas Instruments (TXN).

Reuters reports that subscribers fell at NetFlix (NFLX) in the most recent quarter and the company moved guidance down.

Reuters also reports that quarterly earnings rose at American Express (AXP).

Reuters also writes that Nissan’s earnings fell on a weaker product mix. The company kept its forecast for the year.

The Wall Street Journal reports that Wall St. firms postponed at $3.1 billion offering for an LBO of GM’s (GM) Allison unit.

The Wall Street Journal writes that BP (BP) posted a slight rise in quarterly profits.

The New York Times writes that Hewlett-Packard (HPQ) has agreed to buy software company Opsware.

FT writes that Expedia (EXPE) had to cut its share buy-back due to poor conditions for raising debt for the offer.

Barron’s writes that Atheros (ATHR) shares fell after that company’s earnings announcement.

Douglas A. McIntyre

In 20 Years, I Haven’t Seen A Cash Back Card This Good

After two decades of reviewing financial products I haven’t seen anything like this. Credit card companies are at war, handing out free rewards and benefits to win the best customers.

A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges.

Our top pick today pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.