Media Digest 8/10/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

According to Reuters the Asia central banks put extra cash into the banking systems as markets there fell sharply.

Reuters writes that Man Group, the UK hedge fund, has delays its IPO.

Reuters writes that Toyota (TM) sees slower growth in the US.

Reuters writes that Buick tied Lexus in the JD Power reliability study, the first time the US brand has finished in first place.

The Wall Street Journal writes that Countrywide Financial (CFC) said the credit markets could affect its financial position.

The Wall Street Journal reports that the SEC is checking the books of banks including Bear Stearns (BSC) and Goldman (GS) to see whether they may be hiding mortgage investment loses.

The WSJ writes that profits at refiners are dropping as the price of gas comes down.

The WSJ writes that chip demand drove up profits at Nvidia (NVDA).

The WSJ reports that Electronic Arts (ERTS) and Hasbro (HAS) will create video games based on popular games like Monopoly.

The WSJ reports the niche channels are moving off cable to the internet.

The New York Times reports that Goldman Sachs (GS) size has not protected its stock price.

The NYT reports the Universal Music will begin selling music without copy protection.

FT writes that Chrysler is trying to expand in markets outside the US.

Barron’s reports that shares in Emulex (ELX) fell after it reported modest earnings

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618