Media Digest 1/16/2008 Reuters, WSJ, NYTimes, FT, Barron’s

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

Accordiing to Reuters, Sony Ericsson posted strong results and said it was improving market share.

Reuters writes that Intel (INTC) missed forecasts driving its shares down.

Reuters reports that Boeing (BA) is about to announced further delays in its 787 Dreamliner launch.

Reuters reports that Apple (AAPL) will begin to sell the world’d thinnest laptop, the MacBook Air.

Reuters writes that a union pension fund adviser may oppose the re-election of some Citigroup (C) board members.

The Wall Street Journal reports that Bank of America (BAC) made sharp cuts at its investment banking operation.

The Wall Street Journal reports that Apple (AAPL) has unveiled a new online movie rental service.

The New York Times writes that that Supreme court put limits on shareholder lawsuits which claim securities fraud.

The FT writes that US retail data indicate that consumers have begun a retreat in their spending.

Bloomberg writes that the price of oil fell on a slowing US economy and signals that OPEC might increase supply.

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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