Media Digest 8/9/2007 Reuters, WSJ, NYTimes, FT, Barron’s

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By Douglas A. McIntyre Published

According to Reuters, BNP Pariba suspending three funds due to sub-prime problems in their portfolios.

Reuters writes the net income and sales rose at News Corp (NWS).

Reuters reports that Wal-Mar (WMT) will use Facebook to improve its back to school sales.

The Wall Street Journal writes that Google (GOOG) will allow people cited in stories that it picks up to post comments.

The WSJ writes that Toll’s (TOL) home-building revenue fell 21%.

The WSJ writes that Blockbuster (BBI) has purchased movie download service Movielink.

The WSJ reports that Toyota (TM) will delay launching its new battery-powered hybrids due to safety concersn.

The WSJ reports that by year-end  firms based in China will represent the single largest number of overseas firms listed on the Nasdaq

The WSJ says GM (GM) and Toyota (TM) have cut their forecasts for industry sales this year.

The WSJ writes thta results from cable and telecom companies show that internet growth may be slowing.

The WSJ writes that Dell’s (DELL) former CEO will receive $48.5 million for his stock options.

The New York Times writes that a private equity firm has invested in the new NBC-News Corp (NWS) online venture

The FT  writes that US car dealers need to improve their image if the industry is to get more leverage in Washington.

Barron’s writes that shares in Infospace (INSP) fell on poor results.

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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