Media Digest 11/1/2007 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, US car sales are expected to have fallen in October.

Reuters writes that China has approved the trading of stock futures.

Reuters reports that Google (GOOG) is in talks with Sprint (S) about the wireless carrier marketing it G-phone handsets.

Reuters writes that Wal-Mart (WMT) will begin its big holiday discounting period about three weeks ahead of the normal date.

The Wall Street Journal writes that the CEO of Bear Stearns (BSC) faces sharp criticism for being out of his office during the days when two hedge funds failed.

The Wall Street Journal writes that China raised fuel prices amid a shortage in some areas.

The Wall Street Journal writes that IBM (IBM) will spend over a billion to improve its data security management business.

The New York Times writes that Citigroup’s (C) financial problems could force it to lower its dividend.

The New York Times writes that a new $75 billion superfund will not resuscitate troubled investment funds.

The New York Times writes that two senior executives left Citi yesterday as fears increase that the bank may report more losses.

Barron’s writes that shares of Rambus (RMBS) fell on weak results.

CNN Money writes that Chrysler will cut over 2,000 temporary and salaried workers.

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