Media Digest 8/3/2007 Reuters, WSJ, NYTimes, FT, Barron’s

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According to Reuters, net income at Toyota (TM) rose sharply on strong US and European sales.

Reuters writes that American Home Mortgage (AHM) will close today and lay-off all of its employees.

The Wall Street Journal wirtes that Amazon (AMZN) has begun to test grocery delivery in Seattle.

The Wall Street Journal writes that Boston Scientific (BSX) called off the IPO of its endosurgery division

The Wall Street Journal writes that Dell (DELL) paid $340 million for ASAP Software.

The New York Times writes that Take-Two (TTWO) has had to delay it Grand Theft Auto game and revise its earning down.

The New York Times writes that Ford (F) hopes to sell Jaguar and Rover by the end of the summer.

The FT reports thtat the current credit environment could keep some large buy-outs on hold for months.

Barron’s writes that shares of Openwave (OPWV) fell after its announced disappointing earnings.

Douglas A. McIntyre