General Motors Co. (NYSE: GM) is trying to get dwindle down its massive pension exposure. The company announced that it is offering some select salaried retirees a lump-sum payment option. It is…
Verizon Communications Inc. (NYSE: VZ) has announced a definitive merger agreement with Hughes Telematics Inc. (OTC: HUTC). The all-cash offer totals $612 million, or $12/share. Hughes closed at $4.35 last night, calculating…
Some vehicles can survive car crashes and protect the occupants much better than others. To find out which motor vehicles perform best and which the worst, nonprofit group Insurance Institute for Highway Safety performed…
Douglas A. McIntyre China wants to do business in Europe. It is the world’s largest region by GDP, even if the economy has slowed. But many companies in European nations have lost some of their…
Oil has hit an extraordinarily low price, below $90 a barrel for WTI crude. That is the lowest level since October. It shows no inclination to spike back up. PMI data from Europe and China actually…
A quick review of the 25 largest US IPOs ever shows how badly Facebook (NASDAQ: FB) has done in early trading. Most of the company’s on the list have tremendous revenue, traditional business…
The World Bank’s new “East Asia and Pacific Economic Update” forecasts that China’s GDP growth will only be 8.2% in 2012, which is a substantial come down for a nation that has grown…
General Motors Company (NYSE: GM) may soon get to be an ‘investment grade’ company on its credit ratings. While this might not mean much on the equity level of the company, the news…
Jon C. Ogg Shares of Facebook Inc. (NYSE: FB) traded down nearly -7.5% in pre-market action this morning and opened down at $32.59 after closing at $34.03 last night. The stock is down about -26%…
ZyngaZynga’s (NASDAQ: ZNGA) shares are down 15% over the past two days, a little more than those of Facebook (NASDAQ: FB) after its initial public offering. There are several critical difference between the…
courtesy Facebook Inc.At some point during the past two weeks, Facebook’s (NASDAQ: FB) expert bankers raised the price range of its initial public offering from between $28 and $35 to between $34 and…
Alibaba buys back a 20% share held by Yahoo! (NASDAQ: YHOO) for a combination of cash and preferred shares worth $7.1 billion. (Reuters) The heads of Samsung and Apple (NASDAQ: AAPL) will discuss…
It appears increasingly likely that concerns about the future of Greece will depress equity markets worldwide. Politicians in the country have failed to set a coalition government, despite several efforts. The chance…
The European Automobile Manufacturers Association (ACEA) announced that April sales of cars and light trucks in the region were “6.9% less than in the same month of 2011.” That means only 1,017,912 new passenger…
Douglas A. McIntyre The number of shares Facebook will sell rose 25% and the company could raise as much as $16 billion. (Reuters) Greeks take hundreds of millions of dollars out of banks there and…
