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The Twitter-24/7 Wall St. Market Report (8/18/2010) BHP Goes Hostile With POT

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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.

DailyFinance: The Layoff Kings: The 25 Companies Responsible for 700,000 Lost Jobs http://bit.ly/dv6Lso

Yahoo! Finance: FDA questions wider approval of Lilly’s Cymbalta http://yhoo.it/buON5P

Yahoo! Finance: Mattel accused in Bratz battle of spying on rivals http://yhoo.it/97MYOv

FT: BHP turns hostile with $39bn Potash bid: The Anglo-Australian miner launched a direct offer to PotashCorp’s shareh… http://bit.ly/cbbdRA

MarketWatch: BHP Billiton to take $130-a-share bid for Potash directly to shareholders in hostile bid http://on.mktw.net/d8gp9D

Reuters Biz: Dell CEO gets fewest investor votes in election http://link.reuters.com/wab75n

Reuters Biz: GM IPO filing delayed: sources http://link.reuters.com/pem65n

CNN Money: Hostile $38.6 billion bid for fertilizer maker http://bit.ly/cMPgDw

Douglas A. McIntyre

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