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The Twitter-24/7 Wall St. Market Watch (8/5/2010) Barclays Up, Google & Verizon Marry

Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitter users. It raises the question of whether there is wisdom in crowds.

24/7 Wall St. will look at the Twitter posts at Reuters Biz, WSJ, Financial Times, CNN Money, MarketWatch, CNBC, and 24/7 Wall St. each day to see which stocks.

FT: MPC opts to leave policy unchanged: The Bank of England has voted to leave monetary policy unchanged with interes… http://bit.ly/dAOXfN

MarketWatch: Bank of England keeps rates on hold as expected, maintains bond-buying program http://on.mktw.net/9zcVIv

FT: Barclays rises 44% to £3.95bn in first half: Banking group’s pre-tax profit for the first six months of 2010 were … http://bit.ly/byKM8p

Reuters Biz: Greece passes key EU/IMF test but long road ahead http://link.reuters.com/naf53n

Reuters Biz: Verizon and Google reach Internet traffic deal: sources http://link.reuters.com/byd53n

CNN Money: Intel settles antitrust suit with wrist slap http://bit.ly/b0WNX9

CNN Money: Time Inc. CEO to step down http://bit.ly/9GfO2y

WSJ: Barclays posts 29% rise in first-half net profit as impairment charges drop. http://wsj.com

Yahoo! Finance: News Corp posts 4th-quarter profit, reversing loss; revenue and outlook exceed expectations http://yhoo.it/bHkPPG $$ #earnings $NWSA

Douglas A. McIntyre

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