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Media

Media Digest 12/26.2006 Reuters, NYTimes, WSJ, Barron’s, FT

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By Douglas A. McIntyre Published
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Stocks:  (SSP)(MSFT)(VZ)(SUNW)(RTN)(BA)(GD)(LMT)

Reuters writes that economists see 2007 as another year of robuts, inflation free growth in China.

The Wall Street Journal wirtes that overall holiday spending rose a modest 5.5% compared to last year.

The WSJ wirtes that Microsoft is setting up a global program to tarket ads to individuals based on their interests. The new system will tarket it sites like Hotmail with 263 million users and Microsoft Live search.

The WSJ reports that Sun Microsystems is remaking its sales force and reducing the number of divisions so that several salesmen are not calling on the same account.

The New York Times writes that Verizon will offer display ads on its cell phones.

The New York Times writes that even with a new Democratic controlled Congress, weapon spending should stay at a high level because of the war in Iraq. Companies like Lockheed Martin, Boeing, General Dynamics, and Raytheon should continue to benefit.

The FT writes that a hedge fund is looking for private eyes to spy on CEOs.

Barron’s writes that newspaper company Scripps is flourishing because of its cable channels and popular online search sites.

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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