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Media

Media Digest 1/25/2007 Reuters, WSJ, NYTimes, FT, Barron’s

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By Douglas A. McIntyre Published
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According to Reuters, Nintendo’s net for the last nine months rose over 43% on the strength of sales of its DS handheld device.

Reuters reports that a press piece in Nikkei say that Ricoh is buying IBM’s (IBM) digital printing business.

Reuters writes that Hyundai Motor Co posted an 8.6% drop in operating profit due to strong competition in the global auto market.

The Wall Street Journal reports that Ebay (EBAY) had a 24% increase in profit in the latest quarter and raised its 2007 estimates.

The WSJ reports that China’s economy grew 10.7% last year, the fastest rate since 1995.

The WSJ writes that NetFlix (NFLX) reported a 44% increase in revenue in 2006.

The Wall Street Journal reports that Qualcomm (QCOM) had a 5% increase in profit for the period ending December 31

The New York Times reports that results at McDonald’s (MCD) were the best in 30 years.

The FT writes that Citigroup’s (C) CFO search may focus on candidates who could eventually take over as CEO.

Barron’s writes that, as tech companies are taken off the public market by mergers and private equity, the demand for IPOs in the sector may rise sharply.

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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