The Twitter-24/7 Wall St. Market Watch (8/9/2010): HP Girl, McDonald’s Sales, BP Costs

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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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: BP spill costs rise to $6bn: The UK company revealed the costs of the Gulf of Mexico oil spill had risen by a thir… http://bit.ly/9DIyse

CNN Money: Sara Lee CEO steps down for health reasons http://bit.ly/bG8wkd

CNN Money: 20% of mortgages are underwater http://bit.ly/dp3SQo

CNN Money: Actress at center of HP harassment claim http://bit.ly/bPcVzp

MarketWatch: Growth in McDonald’s sales accelerates: Global comparable sales up 7% in July http://on.mktw.net/a7BZ4e

MarketWatch: Sara Lee’s CEO Brenda Barnes to step down to ‘focus on improving her health’ http://on.mktw.net/aOqv7c

Reuters Biz: Sara Lee CEO Brenda Barnes to step down permanently http://link.reuters.com/xuk93n

Reuters Biz: Accuser of ex-HP CEO Hurd steps forward http://link.reuters.com/sek93n

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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