The Twitter-24/7 Wall St. Market Report (11/18/2010) Sears, Jobs, And Ireland Take Beating

By Douglas A. McIntyre Updated Apr 28, 7:32AM EDT · Published Nov 18, 9:06AM EST

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, 145 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 are most frequently mentioned. It is clear that in this area of social media these tweets are a sign of which companies the Twitter universe is interested in. Together, these financial sites are followed by nearly 1,000,000 Twitter users, which makes them a sizeable sample of Wall St.’s interests. In some cases, we will publish the actual tweets from the sites.

CNN Money: More Americans filing for unemployment http://bit.ly/bYlyD3

Zerohedge: Jobless Claims Print At 439K, Up 2K, In Line With Expectations; Prior Revised Traditionally Higher http://bit.ly/dAOQoM

CNBC: less Claims Rose Less than Expected, Up 2,000 to 439,000 – More on CNBC.com

MarketWatch: U.S. weekly initial jobless-benefits claims rise by 2,000 to 439,000 http://on.mktw.net/dtCS3K

FT: eland likely to seek loan from EU-IMF: Ireland is likely to end up taking a loan from the European Union and I… http://bit.ly/dhJdc9

Reuters Biz: bless claims rise 2,000 last week http://dlvr.it/8lgjw

Yahoo! Finance: GM launching IPO, ending government majority stake http://yhoo.it/c2Kfdc

Yahoo! Finance: Sears Holdings reports wider 3rd-quarter loss; weakness at Sears offsets stronger Kmart http://yhoo.it/ahwphe

DailyFinance: Sears Earnings: Loss Widens as Sales Decline http://aol.it/9YMWDR

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.

Continue Reading

Douglas A. McIntyre | Dec 9, 2010 at 8:53 AM EST

The Twitter-24/7 Wall St. Market Report (12/9/2010) Howard Stern Renews, Jobless Claims

Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world.…

Douglas A. McIntyre | Jul 22, 2010 at 8:40 AM EDT