Media Digest 10/25/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

According to Reuters, profits rose at Sony (SNE) driven by camera sales.

Reuters writes that Google (GOOG) held a day with analysts and the press to show off its new technology and plans.

Reuters writes that Honda (HMC) profits rose on sales of its small vehicles.

Reuters writes that Microsoft (MSFT) took a position in social network Facebook.

The Wall Street Journal writes that Bank of America (BAC) will fire 3,000 people due to problems in its investmetnt bank.

The Wall Street Journal writes that profits at Shell moved up on rising oil prices.

The Wall Street Journal reports that profits at Nintendo soared on strong sales of its Wii videogame player.

The New York Times writes that economists say mortgage market troubles could, all told, cost financial firms and investors up to $400 billion.

The New York Times writes that the Chinese economy rose 11.5% in the last quarter.

The FT writes that Buffett called for caution on Chinese stocks.

Barron’s writes that Goldman has cut its rating on Corning (GLW).

Bloomberg writes that Sony (SNE) missed analyst forecasts on losses in its Playstation unit.

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.

Continue Reading

Top Gaining Stocks

DELL Vol: 42,366,555
NTAP Vol: 15,911,807
NOW Vol: 68,243,561
IBM
IBM Vol: 28,527,546
HPE Vol: 86,996,387

Top Losing Stocks

CTRA Vol: 73,319,495
CLX Vol: 4,744,001
RMD Vol: 3,526,686
INTC Vol: 191,680,425
SWKS Vol: 5,407,806