Media Digest 5/1/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

According to Reuters, Yahoo! (YHOO) has signed a deal with Comcast (CMCSA) to sell advertsing for its portal, comcast.net.

Reuters writes that Oracle (ORCL) has asked a court to have SAP (SAP) preserve documents that might be essential in its corporate theft suit against the German firm.

Reuters writes that Human Rights Watch has accused Wal-Mart (WMT) of using illegal tactics to prevent unions from organizing its workers.

Reuters writes that Microsoft (MSFT) won a case in the Supreme court in which AT&T (T) had claimed patent infringement.

The Wall Street Journal writes that Circuit City (CC) restated two past quarters and pulled guidance as sales of TVs dropped sharply in April.

The Wall Street Journal reports that Carl Icahn is putting more pressure on Motorola (MOT) to gain a board seat by sending a letter to shareholders criticizing CEO Ed Zander.

The Wall Street Journal writes that Ford (F) is releasing a series of ads saying its F-150 pick-up gets the governments highest crash test rating, a swipe at Toyota (TM).

The Wall Street Journal writes that Google (GOOG) has filed court documents denying all of Viacom’s (VIA) clsims that Google’s YouTube unit violated copyrighted material.

The New York Times reports that newspapers across the country reported sharp drops in circulation in the six months ending in March.

FT reports that the US housing slump is likely to harm car sales in April.

Barron’s reports that Charles Schwab sold $16 million in stock in his company two days after the firm announced a buyback.

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618