Media Digest 3/30/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Reuters, Wall Street Journal, New York Times, Financial Times, Barron’s Online………

According to Reuters:

Dell (DELL) found misconduct and errors infinancial statements from past quarters and delayed releasing filings.

KKR has upped its bid for Alliance Boots to $20 billion.

Citigroup (C) is looking for acquisitions in Germany and could buy a large bank there.

The Wall Street Journal:

Take-Two (TTWO) who tookcontrol of the video game company in a proxy fight now control thecompany and have replaced management.

The Tribune Company (TRB) has received a bid of $34 a share, topping the current highest offer by $1.

Qwest (Q), Verizon (VZ), and AT&T (T) won a big government order worth $20 billion.

GM (GM) is considering more job cuts in Europe in an effort to improve returns in the region.

The New York Times:

Toyota (TM) has increased incentives on its new Tundra pick-up as sales falter.

Financial Times:

Credit Suisse has sued three US sub-prime lenders in an effort to use legal action to get rid of bad loans.

Barron’s Online:

BJ Services and Grant Prideco are down despite estimates of double-digit growth.

Douglas A. McIntyre

March 30, 2007

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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