Media Digest 8/24/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, several Asian banks disclosed that they had exposure to US sub-prime mortgages.

Reuters writes that Monster (MNST) took five days to disclose the theft of personal data on 1.3 million job seekers.

The Wall Street Journal writes that shares of NYSE Euronext (NYX) are off 23% this year despite record trading volume.

The Wall Street Journal writes that a court cleared the Whole Foods (WFMI) deal to buy Wild Oats (OATS).

The Wall Street Journal writes that Home Depot (HD) will probably take less than announced for its home supply division as the buyers battle with lenders over terms.

The New York Times writes that earnings at Gap (GPS) rose on cost cutting.

The FT says that the head of Ford (F) called on the government to do more to stimulate economic growth, a sign that current conditions are hurting car maker.s

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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