Investing

News Digest 7/16/2007

According to Reuters, the CEO of McDonald’s (MCD) believes that the company can still grow a great deal in the US.

Reuters writes that Hollywood is starting labor negotiations with screenwriters with revenue from the internet as a major deal point.

The Wall Street Journal writes that a special committee of the Dow Jones (DJ) has accepted Rupert Murdoch’s offer of $5 billion. The deal now goes to the board and founding Bancroft family.

The Wall Street Journal writes that Google (GOOG) is developing a new search engine for phones.

The Wall Street Journal writes that Sprint (S) will launch a new service that will allow customers to find  and track their friends using GPS technology.

The FT writes that a lawsuit charges that Facebook may have taken its source code from another project.

The FT also writes that oil prices are near their all-time high.

The FT also writes that Barclays (BCS) will sweeten its bid fof ABN Amro (ABN) now that a competing bid has been increased.

The New York Times writes that Nintendo is getting more support for its game system from video game publishers.

The New York Times also writes that Ford (F) is having success selling cars in Russia.

Barron’s writes that Novellus (NVLS) announced earnings inline with expectations.

Douglas A. McIntyre

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.