The Twitter-24/7 Wall St. Market Report (8/18/2010) BHP Goes Hostile With POT

By Douglas A. McIntyre Published Aug 18, 8:04AM EDT

Follow 24/7 Wall St. on Google

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

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.

DailyFinance: The Layoff Kings: The 25 Companies Responsible for 700,000 Lost Jobs http://bit.ly/dv6Lso

Yahoo! Finance: FDA questions wider approval of Lilly’s Cymbalta http://yhoo.it/buON5P

Yahoo! Finance: Mattel accused in Bratz battle of spying on rivals http://yhoo.it/97MYOv

FT: BHP turns hostile with $39bn Potash bid: The Anglo-Australian miner launched a direct offer to PotashCorp’s shareh… http://bit.ly/cbbdRA

MarketWatch: BHP Billiton to take $130-a-share bid for Potash directly to shareholders in hostile bid http://on.mktw.net/d8gp9D

Reuters Biz: Dell CEO gets fewest investor votes in election http://link.reuters.com/wab75n

Reuters Biz: GM IPO filing delayed: sources http://link.reuters.com/pem65n

CNN Money: Hostile $38.6 billion bid for fertilizer maker http://bit.ly/cMPgDw

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.