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

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By Douglas A. McIntyre Published
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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

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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