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.
CNN Money: Sanofi offers $18.5 billion for Genzyme http://bit.ly/bhwsqo
MarketWatch: Genzyme shares rally above $70 as biotech spurns Sanofi-Aventis buyout offer http://on.mktw.net/aVkLVN
Reuters Biz: Sanofi proposal heaps pressure on Genzyme http://link.reuters.com/xac28n
WSJ: About 35m U.S. households have no life insurance, up from 24m in 2004 http://on.wsj.com/aLMnZF
FT: 3M to Buy Biometrics Company Cogent for $943 Million http://bit.ly/bXNisY
FT: Intel to Buy Infineon Wireless Solutions for $1.4 Billion http://bit.ly/9566qh
Yahoo! Finance: Economist Shiller Sees Potential for ‘Double Dip’ Recession http://yhoo.it/ci1ZW9
Douglas A. McIntyre
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