The Twitter-24/7 Wall St. Market Report (5/10/2011) Microsoft And Skype, Greek Debt

Investing

Published: May 10, 2011 8:58 am

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.

FT: Microsoft confirms $8.5bn Skype buy: Microsoft is acquiring Skype, the internet telephone company, in what is… http://on.ft.com/ivwNzI

Yahoo! Finance: Microsoft agrees to buy Skype for $8.5B http://yhoo.it/kqNVEK

NYT: DealBook: Microsoft Announces $8.5 Billion Deal to Acquire Skype http://nyti.ms/jFj8RJ

WSJ: Microsoft to Acquire Skype http://on.wsj.com/kThQzd

MarketWatch: U.S. import prices rise 2.2% in April http://on.mktw.net/jPYxod

WSJ: Small-Business Pessimism Deepens http://on.wsj.com/jBipVQ

Yahoo! Finance: Community Health ends effort to buy rival Tenet http://yhoo.it/l1am81

CNN Money: Microsoft agrees to buy Skype for $8.5 billion, including debt, Fortune has confirmed. http://CNNMoney.com

Bloomberg:

Goldman Sachs Traders Lost Money One Day Last Quarter, Best Record in Year – http://ow.ly/4R2Aj

CNN Money: The world’s second-largest economy reported an $11.43 billion surplus in April http://bit.ly/lomA7o #China #trade

Douglas A. McIntyre

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