Ford (F) had one piece of good news. It is still cutting costs. It is on track to cut annual expenses by $5 billion compared with 2005. For obvious reasons, the company’s earnings highlighted…
Motorola (MOT) is a first class example of what Ivy League business school professors do not want their students to know. It might frighten the horses. At some companies, there is no bottom. Every…
There have been some minority reports from pessimists like NYU economist Nouriel Roubini which say that China’s economy may be faltering as badly, if not worse, than America’s. No one believes that because it…
GM (GM), Ford (F), and Chrysler managements are shuttling in and out of Washington trying to get both the people leaving and the people coming in to lend them $30 billion or $40 billion.…
It may have occurred to Microsoft (MSFT) that Yahoo! (YHOO) is so badly wounded by its own poor management that a buyout of the portal company would be more trouble than it is worth.…
One of the recurring themes found in the history of the airline industry is the ability of carriers to go into Chapter 11 often emerging with little debt and fewer employees. Aloha Air, ATA,…
By John Tamny, Real Clear Markets In his Tract on Monetary Reform, John Maynard Keynes made the essential point that when money is debased, enterprise is discredited, and trade barriers soon reveal themselves. Having…
According to Reuters, the government is set to announced the country’s tenth straight month of jobs losses. Reuters reports that Chrysler is burning through it cash quickly and the company may have to be…
Markets in Asia were mixed. The Nikkei fell 3.6% to 8,583. Shares in Toyota (TM) fell on a profit warning. The Hang Seng rose 3.3% to 14,238. HSBC (HBC) rose. The Shanghai Composite moved…
Gammon Gold (GRS) is a Canadian-based gold mining company. Like many firms in the metals exploration industry, it likes to put our cryptic press releases on progress at its drilling sites. These releases always…
Wells Fargo & Company (NYSE: WFC) has priced that monster share offering. Rather than $10 billion being raised, it is more like $11 billion. The banking giant priced 407.5 million shares at $27.00 per…
NVIDIA Corp. (NASDAQ: NVDA) reported earnings above estimates, and shares are recovering. The graphics chip-maker said its net earnings were $61.7 million, or $0.11 EPS. On a non-GAAP basis its earnings were $0.20 EPS. …
Valassis (VCI), the media and marketing services companies, has done an astonishingly poor jobs for its shareholders. The stock is down from a 52-week high of $16.80 to $1.78. The firm’s third quarter earnings…
GT Solar International, Inc. (NASDAQ: SOLR) posted strong earnings and mixed guidance, but shares are recovering handily after the report since its stock has been beaten down so much since coming public this summer. …
The Walt Disney Co. (NYSE: DIS) posted earnings after the close of $0.43 non-GAAP EPS from normalized operations on $9.445 billion in revenues. Thomson Reuters (First Call) had estimates for the media giant and…