Media Digest 2/12/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Yahoo! (YHOO) rejected Microsoft’s (MST) bid for the company. Reuters writes that Credit Suisse reduced its write-downs from subprime insrtuments. Reuters writes that RIM (RIMM) had a huge outage in Blackberry service in North America. Reuters reports…
According to Reuters, Yahoo! (YHOO) rejected Microsoft’s (MST) bid for the company.
Reuters writes that Credit Suisse reduced its write-downs from subprime insrtuments.
Reuters writes that RIM (RIMM) had a huge outage in Blackberry service in North America.
Reuters reports that losses at Wal-Mart’s (WMT) Japan business were double forecasts.
Reuters writes that AIG (AIG) reported a large hold in its valuation of derivatives.
The Wall Street Journal writes that a dispute between IAC (IACI) and Liberty Meda might be resolved by giving Liberty conrol of IACI’s Home Shopping Network.
The Wall Street Journal writes that Sprint (S) might add an activist investor, who has opposed some of the companies moves, to its board.
The Wall Street Journal reports that China imports of coal are raising its price.
The New York Times writes that a large hedge fund, Sailfish Capital, closed and is likely to be followed by several other funds.
The New York Times writes that AT&T (T) will provide wireless internet access to customers at Starbucks (SBUX).
The FT writest that Chinese firm Huawei attacked the US governement for trying to block its bid for 3Com (COMS).
Bloomberg wirtes that the cost of oil rose due to a refinery shutdown and colder weather.
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.