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Media

Media Digest 1/12/2007 Reuters, WSJ, NYTimes, FT, Barron’s

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By Douglas A. McIntyre Published
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According to Reuters, Samsung’s Q4 profits fell on dropping prices of flat screen TVs.

Reuters writes that AT&T (T) will phase out the Cingular Wireless brand and rename the unit for the parent company.

Reuters writes that AMD (AMD) has revised its Q4 earnings below previous estimates.

Reuters also reports that if the Apple (AAPL) iPhone is successful it could stretch parts suppliers like Toshiba.

Retuers writes that The New York Times (NYT) will lay off 125 employees at its Boston unit.

The Wall Street Journal reports that the New York Stock Exchange (NYX) may begin to offer real-time stock quotes to consumers over the internet. Websites offering the service would pay $100,000 a month.

The Wall Street Journal also reports that federal authorites are looking into option grants made to Apple (AAPL) CEO Steve Jobs in 2001.

The New York Times reports that US Air’s (LCC) bid for Delta is making the airline industry believe that there are better days ahead.

FT.com reports that Sony’s (SNE) Playstation3 sales figures were well behind the Ninetendo Wii and Microsoft (MSFT) Xbox based on US December sales figures.

Barron’s writes that several large drug companies including Pfizer (PFE), Novartis (NVS), Wyeth (WYE), GlaxoSmithKline (GSK) and Sanofi-Aventis (SNY) have blockbuster drugs coming out in the next year to two that could substantially improve their financial fortunes.

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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