The Twitter-24/7 Wall St. Market Report (9/20/2010) Verizon Promotion, IBM M&A

Investing

Published: September 20, 2010 8:42 am

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 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.

McIntyre: Verizon to Name Second-in-Command http://bit.ly/a3PHwC

MarketWatch: IBM to acquire data-warehousing firm Netezza Corp. for $27 a share, nearly a 10% premium http://on.mktw.net/8XvtJh

CNN Money: Kaufman raises AAPL target to $374 http://bit.ly/aNii42 $AAPL

Reuters Biz: AIG plans to list AIA on Oct 29: sources http://dlvr.it/5ZsXJ

MarketWatch: IBM to acquire data-warehousing firm Netezza Corp. for $27 a share, nearly a 10% premium http://on.mktw.net/8XvtJh

DailyFinance: Verizon to Name Second-in-Command http://bit.ly/9RZFMY

Douglas A. McIntyre

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