Media Digest 1/25/2008 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, Microsoft (MSFT) posted a 79% increase in proffits.

Reuters writes that Alan Greenspan says the US is not yet in a recession.

Reuters reports that the CEO of Sony (SNE) says sales are good this quarter.

Reuters writes that that head of Burger King (BKC) says "It is a very counter-cyclical industry."

Reuters reports that the top bidders in the FCC spectrum auction put up $2.4 billion.

The Wall Street Journal writes that sovereign funds and their US financial targets have used lobbiests to keep government interference down.

The Wall Street Journal writes that Ford’s loss highlights how long the road to profit will be.

The Wall Street Journal reports that Nintendo’s profits surged due to sales of the Wii and DS.

The New York Times writes that The Wall Street Journal intends to continue to charge for its online edition.

The FT writes that private equity firms are thinking of starting their own bond insurers to compete with MBIA (MBI) and Ambac (ABK).

Barron’s writes that Broadcom (BRCM) beat Wall St EPS estimates.

Bloomberg reports that there are rumors financiar Wilbur Ross will take over Ambac.

Douglas A. McInyre

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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