Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitter users.
24/7 Wall St. will look at the Twitter posts at Reuters Biz, WSJ, Financial Times, CNN Money, MarketWatch, CNBC, and 24/7 Wall St. each day to see which stocks are most frequently mentioned. It is clear that in this area of social media these tweet are a sign of which companies the Twitter universe is interested in. These financial sites are followed by a combined 625,000 Twitter users which makes them a sizeable sample of Wall St.’s interests. In some cases, we will publish the actual tweets from the sites.
Among the daily top trending symbols on stock twitter aggregator StockTwits are JPMorgan Chase & Co (NYSE: JPM), Intel Corporation (NASDAQ: INTC), Citigroup Inc (NYSE: C), Ford Motor Company (NYSE: F), Rambus Inc (NASDAQ: RMBS), Google Inc. (GOOG), Amback Financial Group Inc (NYSE: ABK), Research in Motion (NASDAQ: RIMM), Yum! Brands (NYSE: YUM).
CNN Money: The Mariner’s revenge song. Those wacjy Decemberists! Apache buys Mariner Energy for $2.7B. $ME up 38%. $APA off 3.5%. More oil M&A to come?
FT: BP to press on with Canada oil sands plan: The oil company will press ahead with its plan to invest in the controv… http://bit.ly/bAKraA
FT: Greek bond plunge stalls China-inspired risk rally: Global Markets Overview: Investors welcome the Chinese additio… http://bit.ly/9fC5eq
Reuters Biz: Apache to buy Mariner for $2.7 billion http://link.reuters.com/qap87j
Apache buying deepwater explorer Mariner Energy for $2.7 billion cash and stock http://on.mktw.net/dz5JwC
Douglas A. McIntyre
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