The Twitter-24/7 Wall St. Market Report (10/17/2011) Citi Earnings, Lowe’s Layoffs

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By Douglas A. McIntyre Published
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Zerohedge: Empire Fed Manufacturing Misses Expectations; Hopium Ends As Future Conditions Index Lowest Since February 2009 http://www.zerohedge.com/node/439229

MSNBC: Citigroup’s net income jumps 73 percent http://on.msnbc.com/qpgJkt

MarketWatch: Empire State regional factories index stays in negative territory for fifth straight month http://on.mktw.net/nhmAf4

NYT: DealBook: Citigroup Earnings Rise 74% to $3.8 Billion http://nyti.ms/rowoED

CNNMoney: #Citigroup earnings top forecasts, but CEO Pandit calls economic environment “challenging.” http://cnnmon.ie/qf9upl

NYT: Citigroup Earnings Rise 74% to $3.8 Billion http://nyti.ms/niv1HO

MarketWatch: Lowe’s closing 20 stores failing to perform up to expectations; 1,950 workers affected http://on.mktw.net/nNTkUF

Reuters: Citigroup reports higher net income http://reut.rs/nXZh2q

Douglas A. McIntyre

 

 

 

 

 

 

 

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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