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Media

Media Digest 1/10/2008 Reuters, WSJ, NYTimes, FT, Barron’s

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By Douglas A. McIntyre Published
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According to Reuters, Capital One has warned that it will have lower than expected earnings.

Reuters reports that Goldman Sachs (GS) sees a recession this year.

Reuters reports that Tata (TTM) has launched its $2,500 car.

The Wall Street Journal writes that Merrill Lynch (MER) and CItigroup (C) are in talks to bring in more foreign capital.

The Wall Street Journal writes that Target (TGT) named its No.2 executive as CEO.

The Wall Street Journal writes that cable faces new threats from ‘over the air" TV.

The Wall Street Journal writes that some Vioxx claims against Merck (MRK) may not be settled by the current deal with plantiffs.

The Wall Street Journal writes that CBS (CBS) appears to have a labor deal with its newswriters.

The New York Times writes that AIG’s (AIG) former CEO will not start a proxy fight with the company.

The New York Times writes that DuPont raised it estimates for 2007 and 2008.

The FT writes that Bear Stearns (BSC) held preliminary talks with Fortress Investments about a possible combination.

The FT reports that a number of car companies are turning to India for growth.

CNN Money writes that Tony Blair will join JP Morgan (JPM) as an advisor.

Bloomberg writes that Freddie Mac (FRE) may have its rating cut by Moody’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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