Toyota (TM) To Up Its Prius Production, Go For The Kill (GM)(F)
Toyota (TM) is planing to sharply cut its SUV and pick-up production in the US. It can see the writing on the wall as well as anyone. Don’t build what you cannot sell. But,…
Toyota (TM) is planing to sharply cut its SUV and pick-up production in the US. It can see the writing on the wall as well as anyone. Don’t build what you cannot sell. But,…
The enemy of my friend is my enemy. Or, the enemy of my friend is my friend. Or, the enemy of my enemy is my enemy. Yahoo! (YHOO) is finding out that being friends…
Steve Jobs sees that smartphones, especially the Apple (AAPL) iPhone are the future of computing. Who needs a PC when a handset will do? To get to Mr. Jobs goals, Apple "will open its…
"Strong wind does not last all morning; strong rain does not continue all day"–Lao Tsu, Tai Te Ching China’s mighty export machine, the envy of the 21st century economic world, is starting to slow.…
According to Reuters, Robert Steel was named the new CEO of Wachovia (WB) and the bank said it would have a quarter loss of $2.6 to $2.8 billion. Reuters writes that the Blue Chip…
Markets in Asia were mixed The Nikkei rose .1% to 13,067. Sony (SNE) rose 1.2% to 4400. Toyota (TM) rose 1% to 4980. The Hang Seng fell .2% to 21,759. China Life (LFC) rose…
Wachovia (WB) named a former Treasury official as its CEO. Robert Steel most recently served as undersecretary for domestic finance for the U.S. Department of the Treasury according to Reuters. He has also been…
Freddie Mac (FRE) sells down 25% to $9.88 on concerns raising capital will wipe out shareholders. The company’s 52-week high is $67.20. Wachovia (WB) Panic selling in financial shares knocks this down to $14.28…
VeriSign inc. (NASDAQ: VRSN) has had more than a tough week. Shares are seeing a winning day so far as it was upgraded this morning over at R.W.Baird to an Outperform rating. While we…
The Apple (AAPL) iPhone may do more damage to RIM (RIMM) more quickly than most analysts think. According to Changewave’s most recent survey of 3,567 consumers, 55% of those who plan to get a…
Shaw Group Inc. (NYSE: SGR) is set to report earnings today after the close. We have First Call estimates as being $0.63 EPS on $1.89 Billion in revenues. Estimates for next quarter are $0.73…
The shares of Sun Microsystems (JAVA) have finally slipped into the briny deep. The stocked moved under $10. The last time JAVA was that low was in 2002. Back then it traded under the…
There have been light rumors floating around that Jerry Yang was going to resign from Yahoo! Inc. (NASDAQ: YHOO). We just put in a call to the company and this is a strong denial…
TransCanada Corporation (NYSE: TRP) has announced that its Kibby Wind Power Project has received a final and unanimous approval for its development plans from Maine’s Land Use Regulation Commission. The company has said that…
Oilfield services company Basic Energy Services (NYSE:BAS) released its June operations report this morning. The company has increased its rig count by one over May, and thirty since a year ago. Rig utilization stands…