Why No One Will Buy A New Car This Year
US new vehicles sales reached almost 17 million in 2005. The number dropped to 10.4 million units in 2009, the lowest level in 27 years. Most industry analysts expect the American car market to…
US new vehicles sales reached almost 17 million in 2005. The number dropped to 10.4 million units in 2009, the lowest level in 27 years. Most industry analysts expect the American car market to…
Large consumer companies spend a great deal of marketing money on creating, preserving, and increasing the image of their brands. If a product has problems, the process does not always work. Toyota (NYSE:TM) has…
Reuters: Toyota (NYSE:TM) will recall the Prius. Reuters: UBS (NYSE:UBS) posted a profit. Reuters: Nissan posted a profit and raised forecasts. Reuters: JAL will maintain its ties with AMR (NYSE:AMR).
Markets in Asia were mixed The Nikkei fell .2% to 9,933. Toyota (NYSE:TM) rose. The Hang Seng was up 1.2% to 19,790. The Shanghai Composite rose .5% to 2,949. At the open in Europe,…
Motorola’s (NYSE:MOT) handset business came close to collapse after its failure to replace its successful RAZR cost it the No.2 global market share position in its industry. The firm’s shares crashed from over $26…
Which US companies of significant size have among the highest odds of declaring bankruptcy? According to recent data from Audit Integrity, four firms are in extraordinary financial trouble. These corporations each has a high Audit…
Electronic Arts Inc. (NASDAQ: ERTS) is driving while intoxicated. The company cannot find its footing and cannot find its way home. In fact, things are getting to the point that many holders and traders…
How bad do things get for major brands suddenly under fire? If you have followed the brand damage assault against Toyota Motor Corp. (NYSE: TM), you know it gets bad for a brand and…
We are hearing more reports about social media combining with email. This has been evolving for a decade or so, and now we have Google Inc. (NASDAQ: GOOG) reportedly trying to either catch up…
For the first time, China Investment Corp., the country’s sovereign wealth fund, has filed a Form 13F with the US Securities and Exchange Commission listing details of its investments in companies traded on US…
Things just still are not going well at SAP AG (NYSE: SAP). Its CEO Leo Apotheker has stepped down as the company reached an agreement with him not to renew his contract. The problem…
Updated throughout the day Updated 8.47 AM EST Yelp rejected a $700 million bid from Microsoft (NASDAQ:MSFT). (BusinessWeek) Toyota (NYSE:TM) is preparing Prius recalls in the US and Europe (Reuters) Disney (NYSE:DIS) and Google…
Over what we saw during the recession, 2009 was the year that dividends were cut down to effect cash conservation to get through the recession. In fact, the dividend cuts may have saved many…
John Tamny of Forbes Washington, D.C., experienced its latest snowstorm the weekend before last. Though the 8 inches that fell didn’t constitute a record, the heavy snow managed to complicate getting around the city.…
These are this Monday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Amazon.com Inc. (NASDAQ: AMZN) Raised to Buy at Collins Stewart. AirGas Inc. (NYSE: ARG) Cut to Neutral at…
Another example of the Chinese government’s unreliable public relations is its claim to have shut down one of the largest hacker operations in the country–in November. The announcement was made today, at least two…
Alan Greenspan, 84 years old, and still defending his role as chairman of the Fed from 1987 to 2006, made a case for his relevance once again. Greenspan told “Meet The Press” that “if stock…
Pancreatic cancer is one of the most deadly forms of the disease. The American Cancer Associate says that the five-year survival rate for the condition is only 5%. New research by the Singapore Chinese Health Study…
They are a perfect pair. Disgraced former Merrill Lynch CEO John Thain will join CIT (NYSE:CIT), the lending firm disgraced by a Chapter 11 filing, as its new chief. Thain’s partner in the Bank…
Treasury Secretary Tim Geithner, looking toward a future he cannot predict, said the US would not lose its Aaa rating. He told ABC’s “This Week”, when ask if the rating will ever be dropped…