Media Digest 2/4/20008 Reuters, WSJ, NYTimes, FT, Barron’s

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

According to Reuters, Aluminum Corp of China has no plans to increase its stake in Rio Tinto (RTP).

Reuters writes that Yahoo! (YHOO) is considering a business alliance with Google (GOOG) as one way to avoid a buy-out by Microsoft (MSFT).

Reuters writes that Wall St. has lowered its earnings outlook for the S&P 500.

The Wall Street Journal writes that studios are preparing for the return of writers as progress in talks with their union appears to be accelerating.

The Wall Street Journal writes that analysts predict slow earnings for the S&P 500 in the first half of the year but a year-over-year increase of 50% by the fourth quarter.

The Wall Street Journal reports that stent sales in Q4 stayed low but did not contine their drop.

The Wall Street Journal writes that Intel (INTC) will introduce a new generation of chips for mobile devices.

The New York Times writes that ESPN will offer some sports shows to consumers free on the internet.

The FT writes that banks are having great difficulty syndicating loans for an LBO of Harrah’s.

Barron’s writes that a weak economy could put pressure on some of Blackstone’s (BX) buy-out deals.

Bloomberg writes that a number of Yahoo! investors would favor Microsoft’s bid to a battle with Google.

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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