The Twitter-24/7 Wall St. Market Report (8/23/2010)

Investing

Published: August 23, 2010 8:42 am

Last Updated: March 26, 2020 9:29 pm

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.

The Economist: Headlines: HSBC in talks to buy Nedbank 70% stake; PotashCorp gets Brazil, China interest; HP outbids Dell for 3PAR http://ow.ly/2tjP7

Bloomberg: Hewlett-Packard Offers to Buy 3Par, Trumping Dell Bid http://ow.ly/2tj6s $HPQ $PAR $DELL

Reuters Biz: HP launches $1.6 billion bid for 3PAR http://link.reuters.com/sef66n

Reuters Biz: Compensation czar takes charge of $20 billion BP fund http://link.reuters.com/kad66n

CNN Money: Bidding war between HP and Dell http://bit.ly/cPGD0I

DailyFinance: Hewlett-Packard Tops Dell’s Bid to Acquire 3Par http://bit.ly/9ZHLiz

DailyFinance: Fed Considering Reducing AIG’s Credit Line by $3.6 Billion http://bit.ly/aRBDZV

Douglas A. McIntyre

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