DaimlerChrysler has about $190 billion in revenue per year. At last quarter's run rate, Chrysler was about $49 billion of that. But, last quarter Chrysler lost about $1.5 billion.Some of ... Read Full Story »
Stocks: (TM)(AMZN)(MSFT)(INTC)(SIRI)(AMAT)(TWX)As dusk settled on Wall St., the markets closed up. The Dow rose .56% to 12,412. The Nasdaq rose .51% to 2,414. The S&P rose .48% to 1,418. There ... Read Full Story »
Late word out of Japan is that Ford's CEO met with top management at Toyota. The reports says that Ford is intererested in Toyota's hybrid technology and sourcing of less ... Read Full Story »
Amazon said it had its best holiday season ever. Period. One one day, December 11, customer orders topped four million items. The company even announced its best sellers. In consumer ... Read Full Story »
China has announced that it is going to slow outside investment in the nation's car industry. Sales of cars in China will grow about 22% this year to seven million ... Read Full Story »
By Yaser Anwar, CSC of Equity Investment IdeasOne quick thing- Starting from today which ever stock I pick I'm going to include a link to Stock Pickr which shall reveal ... Read Full Story »
Verizon Wireless has decided that ads on cell phone are the next big way to make money in the wireless business. Advertising on mobile devices is in its infancy. Revenue ... Read Full Story »
The day after Chritmas, the market opens anew.Holiday retail sales were poor, rising only 5.5%. Stores must now hope that after-holiday sales drive better numbers.Oil prices increased because of strained ... Read Full Story »
Microsoft thinks it has come up with a way to out-Google Google. Target display ads by consumer behavior. The big software company is going to track the interests of its ... Read Full Story »
Stocks: (XOM)(COP)(CVX)Between November and December, the short interest in Exxon rose 5.9 million shares to 58.5 million. Over at Chevron, shares short were up 5.1 million to 32.6 million. At ... Read Full Story »
Short interest in Pfizer rose 6.8 million shares to 51.1 million in December. Market fears that generics will eat away at revenues at Big Pharma is not helping.But, Pfizer is ... Read Full Story »
Stocks: (DISH)(VZ)(T)Short interest in Verizon grew in December, up 6.8 million shares over the previous month to 42.1 million.Verizon is just beginning to roll out its FiOS fiber-to-the-home platform that ... Read Full Story »
Stocks: (S)(MOT)(INTC)Someone on Wall St. must think SpintNextel is going to do better. Maybe it is the big 4G WiMax the company is going to roll out to power its ... Read Full Story »
Stocks: (SSP)(MSFT)(VZ)(SUNW)(RTN)(BA)(GD)(LMT)Reuters writes that economists see 2007 as another year of robuts, inflation free growth in China.The Wall Street Journal wirtes that overall holiday spending rose a modest 5.5% compared ... Read Full Story »
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NIPNY)(NTT)(SNE)(TM)Asian markets were narrowly mixed.The Nikkei rose .5% to 17,169. Bridgestone was down 1.3% to 2670. Canon was down 1.2% to 6580. Fuji Film was up .3% to 4800. ... Read Full Story »