Media

Media Digest 8/27/2007 Reuters, WSJ, NYTimes, FT, Barron's

According to Reuters, US Steel (X) will buy Canadian steel company Stelco for $1.1 billion.

Reuters writes that Singapore’s state-owned Temasek Holdings has approached Nasdaq (NDAQ) about buying its stake in the London Stock Exchange.

The Wall Street Journal writes that India’s Tata Group may bid for Ford’s (F) Jaguar and Rover brands.

The Wall Street Journal reports that virtualization, pioneered by VMWare (VMW), is now moving to the PC using new technology from Pano Logic.

The Wall Street Journal reports that show company Crocs (CROX) will diversify into clothing.

The New York Times writes that Nokia (NOK) will relaunch its NGage which combines a multi-player phone with standard voice features.

The FT reports that the Saudis have set up a 35.000 person force to guard their oil fields

The FT writes that Intel (INTC) will launch a new version of its vPro platform, a combined chip and software product that makes it easier for companies to manage secure computing networks.

The FT writes that Wal-Mart (WMT) is setting up acquisition group in the US market to potentially buy companies with stores smaller than the ones it operates now.

Barron’s reports that a well-known economist has suggested that Google (GOOG) is recession-proof.

Douglas A. McIntyre

Are You Still Paying With a Debit Card?

The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.

Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!

Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!

 

Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.