Media Digest 10/11/2007 Reuters,WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, several retailers cut holiday forecasts and the economy slows.

Reuters writes that Chrysler has reached an accord with the UAW.

Reuters reports that Boeing (BA) has delayed delivery of its Dreamliner 787.

Reuters reports that Sony Ericsson topped its forecasts but average handset prices were down.

The Wall Street Journal writes that Madonna is close to leaving Warner Music (WMG) for a $120 million deal with Live Nation.

The Wall Street Journal writes that cable companies are trying to catch up with satellite TV providers on the number of HDTV channels that they can offer.

The Wall Street Journal reports that the FDA approved a drug-coated stent from Medtronic (MDT)

The New York Times writes the SEC. has been asked to investigate stock sales by Angelo R. Mozilo, Countrywide’s (CFC) chief executive

The FT writes that Morgan Stanley (MS) and Goldman Sachs (GS) have had to write down more debt due to problems in the mortgage market.

The FT writes that GE (GE) will decide the fate of NBC after the Olympics.

Barron’s writes that Merrill Lynch upgraded its price target on Google (GOOG) to $740.

CNN Money writes that Mattel (MAT) directors have been sued for insider trading.

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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