In 2011, new car and light truck sales in the U.S. came in at about 13 million units sold. According to TrueCar.com, forecast sales for August put new light vehicle sales at…
Jon OggThese are the top analyst calls of upgrades, downgrades, and initiations we have seen from Wall St. research calls this Tuesday morning. AK Steel Holding Corp. (NYSE: AKS) cut to Sell…
General Motors Co.’s (NYSE: GM) reaction to a report that it would idle production of the troubled Chevy Volt was: “We don’t comment on production schedules. We continue to match supply and…
Apple Inc. (NASDAQ: AAPL) pushes for a ban on eight Samsung phones. (Reuters) Best Buy Co. Inc. (NYSE: BBY) will allow former chairman Richard Schulze to review its books with an eye…
The short interest in the stocks with the largest positions as of August 15: Bank of America Corp. (NYSE: BAC) down 2% to 220 million shares. Nokia Corp. (NYSE: NOK) up…
The Opel division of General Motors Co. (NYSE: GM) has been unprofitable for so long that the U.S. automaker has more than once considered shutting the operations down. Today, however, Opel lives…
The Federal Reserve signals it may ease monetary policy as early as next month. (Reuters) HSBC China PMI estimates hit a multimonth low at 47.8, down from 49.3 in July. (Reuters) Hewlett-Packard…
The press recently had a field day with a report from the “Institute for Policy Studies” about executive pay. The report said the of the 100-highest paid U.S. CEOs in 2011, “26…
Twenty-six of the top 100 highest-paid U.S. CEOs in 2011 made more than their companies paid in federal income taxes, according to a study released recently by the Institute for Policy Studies. This figure is up from…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday morning. Bed Bath & Beyond Inc. (NASDAQ: BBBY) raised to…
Ford Motor Co. (NYSE: F) is getting a positive review from Standard & Poor’s this Friday afternoon. The ratings agency has changed the outlook to Positive and has maintained Ford’s BB+ credit…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday morning. American Water Works Company Inc. (NYSE: AWK) raised to Outperform at…
Subject: Eight Cheap Cars the Richest Americans Drive The wealthiest Americans are cheapskates, as least as far as their tastes in automobiles goes. Perhaps that is why some rich Americans stay rich.…
Toyota Motor Corp. (NYSE: TM) made a lot of money last quarter, at about the same time that Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) were battered by problems…
San Bernadino, Calif., will file for Chapter 11 over $1 billion in debt. (Reuters) The Federal Reserve says it may need to help the economy later this year. (Reuters) Toyota Motor Corp.…
