11:28am ET
Cars and Drivers
Ford (F): Profitable Again?
Ford’s (F) Alan Mulally told an industry conference that the company should be profitable again in 2009. At about the same moment, GM (GM) was saying the its was revising its 2007…
F Coverage Page 233
4:59am ET
Investing
What If Ford (F) Can’t Sell Jaguar And Rover
The Wall Street Journal writes that Ford (F) may have trouble selling Jaguar and Rover due to "uncertainty over how the European Union will apply new regulations on carbon-dioxide emissions." Because the…
Douglas A. McIntyre 3:16am ET
Investing
Media Digest 8/7/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Bear Stearns (BSC) has several potential buyers including JP Morgan (JPM) and Bank of America (BAC) Reuters writes that a court overturned a patent infringement award won by Alcatel-Lucent…
4:25am ET
Investing
Chrysler Punishes Former CEO
Tom LaSorda, Chrysler’s CEO, was kicked out of the corner office today. Maladroit manager Robert Nardelli, who did his best to sink Home Deport (HD) while CEO there, gets the top job…
3:06am ET
Investing
Media Digest 8/3/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, net income at Toyota (TM) rose sharply on strong US and European sales. Reuters writes that American Home Mortgage (AHM) will close today and lay-off all of its employees.…
3:16am ET
Investing
Media Digest 8/2/2007 Reuters, WSJ NYTimes, FT, Barron’s
According to Reuters, auto sales in the US dropped in July and imports took more than 50% of the market for the first time as sales dropped shsrply at GM (GM) and…
1:11pm ET
Investing
GM (GM) Sales Get Hammered
GM’s (GM) US sales fell 22% during July to 320,935. Car sales fell 26% and light trucks were off by 19%. At about the same time that GM announced its results Ford…
12:30pm ET
Investing
At Least Toyota’s (TM) Sales Fall, Too
Sales of Toyota (TM) vehicles fell over 7% to 224,058 in the US during July. Ford (F) and Chrysler (DCX) had significant drop-offs in unit sales last month. The Japanese car maket…
11:19am ET
Investing
Ford (F) Gets Gored
July sales for Ford (F) could not have been much worse. Total vehicles sold in the the US fell 19% to 195,245. Truck sales were off 11% to 135,157. Car sales plunged…
Douglas A. McIntyre 4:43am ET
Investing
GM (GM) And Ford (F): An Inconvenient Truth
The press and the business community clearly want large US car companies Ford (F) and GM (GM) to prevail in their struggles to reshape themselves as smaller, profitable companies. They are icons…
3:17am ET
Investing
Media Digest 8/1/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According To Reuters, News Corp (NWS) agreed to buy Dow Jones (DJ) for $5.6 billion Reuters reports Sanofi-Aventis profits were hit by cometition from generics. According to The Wall Street Journal, Bear…
3:01pm ET
Investing
Unionizing Toyota (TM)
The UAW negotiations with GM (GM), Ford (F), and Chrysler (DCX) has awakened a sleeping dog. Why isn’t Toyota unionized in the US? The media is filled with data on how much…
9:54am ET
Investing
Ford (F) And GM (GM) Trade Places
In the movie "Trading Places" a wealthy stock broker and a bum trade places. After underperforming GM’s (GM) stock since May 2006, Ford (F) shares have tracked its larger rival so far…
7:58am ET
Investing
Pre-Market Earnings Gappers (July 26, 2007)
(AAPL) Apple traded down initially, but shares are up 7% pre-market after earnings and maintaining 2008 iPhone sales.(AKAM) Akamai Tech $0.30 EPS vs $0.30 estimate; shares down over 10% pre-market on guidance…
6:17am ET
Investing
Ford’s (F) Lovely Quarter
Ford (F) surprised everyone, including Wall St. The company reported a net profit of 31 cents per share, or $750 million, for the second quarter of 2007. This compares with a net…
Douglas A. McIntyre