Twitter  has, by most estimates, 175 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 tweets are a sign of which companies the Twitter universe is interested in. Together, these financial sites are followed by nearly 1,000,000 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.

 

Reuters Biz: Cisco to pay first cash dividend; shares rise http://dlvr.it/KjVyH

Reuters: Nike to raise prices sharply as costs hit gains http://dlvr.it/KjTql

MSNBC: Cisco announces first ever cash dividendhttp://on.msnbc.com/gvSNfG

MSNBC: Oil surges above $103, Libya eyed http://on.msnbc.com/fDAYUt

MarketWatch: Cisco to begin paying quarterly dividend of 6 cents a sharehttp://on.mktw.net/hr6pvF

CNBC: Cisco To Pay First Ever Cash Dividend Of $0.06/share.

Yahoo! Finance: FDIC sues 3 former top executives of failed WaMuhttp://yhoo.it/gvCVj0

Douglas A. McIntyre

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