Corporate Performance

VW CrossBlue concept - 2014

Booming July New Car Sales Pass Volkswagen By — Again

With one exception, automakers are expected to post year-over-year sales gains in July. That exception is Volkswagen, which is looking at a year-over-year decline of 4%. Automakers are getting set ...
Read Full Story »
Amazon.com logo

Have Investors Had Enough of Jeff Bezos Walmarting Business?

Amazon.com Inc. (NASDAQ: AMZN) has been one of the greatest growth stories of the current generation. It has grown from a mere online seller of books and CDs to an ...
Read Full Story »
2014-Chevrolet-Silverado

GM Recalls Have Been Good for Sales

It is almost counterintuitive: a company recalls more than 28 million vehicles -- more than all car companies in the world will sell in either the United States or China ...
Read Full Story »
GMBRANDMARK-blueflat

GM Recalls Damage Used Car Value

When General Motors Co. (NYSE: GM) recalled the more than 5 million vehicles with an ignition switch defect, the company reserved more than $1 billion to pay for its recalls ...
Read Full Story »
chrysler200

Chrysler Sales Surge in July

Automakers are expected to release July sales numbers next Friday, but sales estimates have already begun to hit the tape. Sales of new vehicles are expected to post a seasonally ...
Read Full Story »
Lenovo vibe smartphone

Why Verizon Earnings Beat AT&T

When AT&T Inc. (NYSE: T) reported earnings after markets closed Wednesday evening, the company said it added 634,000 new wireless subscribers in the second quarter bringing its total number of ...
Read Full Story »
Camaro SS 2013

GM Adds Yet Another 718,000 Vehicles to Recall Tally

General Motors Co. (NYSE: GM) announced six recalls totaling 717,950 recent model vehicles Wednesday, just a day before the company is scheduled to announce second quarter 2014 earnings. The company ...
Read Full Story »
car_production_line

Auto Companies Set to Invest $1 Billion, Add 3,800 Jobs

The state of Michigan's Economic Development Board announced late Tuesday that its Strategic Fund Board has approved state incentives for nine business expansions and community improvement projects and $6 million ...
Read Full Story »
SL550

Mercedes Sells 419,000 Vehicles in Second Quarter

If there is any issue about whether the world's rich are getting richer, it should be settled by Mercedes sales, which reached 418,700 worldwide in the second quarter, according to ...
Read Full Story »
GE Electrical meter

GE Weakness: Its Value and Identity Crisis of 2014 to 2015

General Electric Co. (NYSE: GE) was maintained as Buy with a $29 price target at Bank of America Merrill Lynch, with the firm saying that the fundamentals are better than ...
Read Full Story »
kindle fire hd

Is Amazon’s Readers’ Subscription Another Poke at Book Publishers?

There are at least a couple of interesting considerations related to Friday morning's announcement from Amazon.com Inc. (NASDAQ: AMZN) of its Kindle Unlimited subscription service. Information about the e-book and ...
Read Full Story »
A330-900neo-Air_Asia_X

Boeing, Airbus Add 700 Jets to Backlog

The shooting down over eastern Ukraine of a Malaysia Airlines 777-200ER, killing all 283 passengers and 15 crew on Thursday, in addition to being a personal tragedy for the families ...
Read Full Story »
The_Googleplex

Google Search Advertising Continues Growth

Ahead of the company’s second quarter earnings report after the bell on Thursday, Google Inc. (NASDAQ: GOOG) continued to dominate the search market with a 78% of a three-country market ...
Read Full Story »
Bing Logo

Will Microsoft Exit Search?

We already know where the ax is going to fall most harshly in the 18,000 job cuts that Microsoft Corp. (NASDAQ: MSFT) announced Thursday morning. The smartphone business that the ...
Read Full Story »
Boeing 777-9X

Why a Boeing 777-9X Costs $377 Million

The Farnborough International Airshow has so far lived up to expectations for announcements of new orders by the two major passenger aircraft makers, Airbus and Boeing Co. (NYSE: BA). The ...
Read Full Story »