Media Digest 1/3/2008 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, manufacturing weakness in the US has raised new fears of recession.

Reuters reports that the most recent Fed minutes indicate a willingness to cut rates again.

Reuters reports that US retail sales rose 14% in the week after the holiday.

The Wall Street Journal writes that Chinese stock gains may be undercut by slowing earnings growth.

The Wall Street Journal reports that GM (GM) stuck with a relatively positive tone for 2008 sales.

The Wall Street Journal writes that NetFlix (NFLX) and LG Electronics will offer a box which allows movies to be downloaded to TVs.

The Wall Street Journal writes that Dell (DELL) is moving slowly into retail sales of PC to keep customers who buy its products on the web.

The Wall Street Journal reports that Lenovo is launching a consumer notebook aimed at products from HP (HPQ) and Apple (AAPL).

The New York Times writes that the Weather Channel is for sale and may bring $5 billion.

The FT writes that Qualcomm (QCOM) said its count loss to Broadcom (BRCM) would effect short-term earnings.

The FT writes that fears about the falling dollar are pushing up prices of oil and gold.

Barron’s writes that shares of Kroger are attracting insider buying.

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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