Media Digest 1/17/2007 NYTimes, Reuters, WSJ, Barron’s, FT
According to Reutes, GM (GM) is close to a deal with Delphi for wage and benefit concessions at the parts maker as it comes out of bankruptcy. The move would avert the chance of a strike. Reuters writes that Intel’s…
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According to Reutes, GM (GM) is close to a deal with Delphi for wage and benefit concessions at the parts maker as it comes out of bankruptcy. The move would avert the chance of a strike.
Reuters writes that Intel’s (INTC) profits fell about 40% and the stock moved down 3% after hours.
Reuters reports that Sony-Ericsson beat fourth quarter earnings estimates and believes that it will soon become the world’s third largest handset maker.
Reuters writes that Express Scripts (ESRX) is launching a $24.8 billion offer to takeover Caremark (CMX). The move is a challenge to a rival bid from CVS (CVS).
The Wall Street Journal writes that a Cablevision (CVC) board panel has rejected the founding family’s bid to take the company private.
The Wall Street Journal writes that XM (XMSR) has softened its stance about a potential merger with Sirius (SIRI).
BP (BP) has said that it will "embrace" a number of points in a report that is critical of the oil company’s safety record, writes the WSJ.
The Wall Street Journal reports that cable companies are going after telecom business customers in a bid to keep up their growth in the voice over IP business.
The New York Times writes that the Saudis dismissed a call for an OPEC meeting on dropping oil prices.
Barron’s writes that Hansen Natural (HANS) could benefit significantly from a distribtion deal with Anheuser Busch (BUD).
The Wall Street Journal writes that the EU is going to begin a probe into Intel (INTC) antitrust practices.
The FT writes that poor interest in the auction for asset of The Tribune (TRB) does not bode well for future newspaper values.
Douglas A .McIntyre
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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.