News Digest 6/8/2007 Reuters, WSJ, NYTimes, FT, Barron’s

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By Douglas A. McIntyre Published

Reuters reports that PC companies including Sony (SNE) and Lenovo are building smaller and smaller laptops in the hope of tapping a new market.

Reuters writes that Qualcomm (QCOM) lost a ruling with the US International Trade Commision that will prevent certain cell phones from being imported into the US.

The Wall Street Journal writes that the push for a restructuring of Vodafone (VOD) shows that investors do not need to own a large portion of a company to pressure management.

The WSJ writes that Johnson & Johnson (JNJ) management tried to convince skeptical investors that its consumer and drug businesses are in for a period of rapid growth.

The New York Times writes that private equity interests bought Bioment (BMET) for $11.4 billion.

FT writes that Toyota (TM) will accelerate its manufacturing of hybrids as the models meet with great succes..

Barron’s writes that Netflix (NFLX) moved higher on rumors of a buy-out by Amazon (AMZN).

Douglas A. McIntyre

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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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