Media Digest 10/25/2007 Reuters, WSJ, NYTimes, FT, Barron’s
October 25, 2007 by Douglas A. McIntyreAccording 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
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