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

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

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

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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