The Twitter-24/7 Wall St. Market Watch (8/9/2010): HP Girl, McDonald's Sales, BP Costs

Twitter has, by most estimates, 100 million members, 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. It raises the question of whether there is wisdom in crowds.

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.

FT: BP spill costs rise to $6bn: The UK company revealed the costs of the Gulf of Mexico oil spill had risen by a thir… http://bit.ly/9DIyse

CNN Money: Sara Lee CEO steps down for health reasons http://bit.ly/bG8wkd

CNN Money: 20% of mortgages are underwater http://bit.ly/dp3SQo

CNN Money: Actress at center of HP harassment claim http://bit.ly/bPcVzp

MarketWatch: Growth in McDonald’s sales accelerates: Global comparable sales up 7% in July http://on.mktw.net/a7BZ4e

MarketWatch: Sara Lee’s CEO Brenda Barnes to step down to ‘focus on improving her health’ http://on.mktw.net/aOqv7c

Reuters Biz: Sara Lee CEO Brenda Barnes to step down permanently http://link.reuters.com/xuk93n

Reuters Biz: Accuser of ex-HP CEO Hurd steps forward http://link.reuters.com/sek93n

Douglas A. McIntyre