According to Reuters, the UAW set a strike deadline for today because it cannot reach a job security agreeement with GM (GM). Reuters writes that Starbucks (SBUX) will give away 50 million…
Late word from Detroit is that GM (GM) and the UAW have agreed to set up a union controlled fund that would handle healthcare payments to the car company’s union workers. The…
Douglas A. McIntyre GM (GM) and the UAW are getting close to a contract according to news from The Wall Street Journal and several other sources. WSJ.com comments that the parties have moved "toward a…
Douglas A. McIntyre The September short interest for NYSE stocks is out, and a number of big names in mortgages, retail ,and housing say bets against them move up. The figures compare shares short on…
According to Retuers, Alan Greenspan says that housing price will fall much further due to oversupply. Reuters writes that the UAW and GM (GM) will begin bagaining again on Friday. Reuters reports…
According to several media reports, the UAW has walked away from a GM (GM) proposal to put money into a health care fund covering employees and managed by the union. GM wanted…
Douglas A. McIntyre According to Reuters, Nasdaq (NDAQ) and Borse Dubai will team up and buy the Swedish OMX. Reuters writes that Sony (SNE) will delay the launch of its Home online community of PS3,…
Now that it appears that there is a good chance that the UAW will accept a transfer of funds used to cover healthcare from the Big Three to the union. the real…
Douglas A. McIntyre GM (GM) suffered an analyst downgrade today. Goldman Sachs moved the shares from "buy" to "neutral". In a way, it is a surprise that it did not happen sooner. On September 10,…
CAM cut to Mkt Perform at Wachovia.CYPB started as Buy at Citigroup.DMAN started as Outperform at Credit Suisse.ENB raised to Outperform at CIBC.ERTS started as Buy at Goldman Sachs.ETFC cut to Neutral…
According to Reuters, GM (GM) and the UAW have broken off talks and will resume them late Monday. Reuters writes that Nokia (NOK) said on Monday it had agreed to buy privately…
According to Bloomberg, "United Auto Workers President Ron Gettelfinger picked General Motors Corp. (GM) as the union’s strike target after arguing with the automaker’s North American head over funding for a proposed…
According to Reuters, Intel (INTC) received antitrust charges from a branch of the South Korean government. Reuters writes that Campbell (CPB) is seeking over $1 billion for its Godiva chocolate business. Reuters…
The current stage of the UAW talks with the Big Three must be based on the assumption by the car companies and union that the rank and file works are boobs and…
BMW is suing Chinese car maker Shuanghuan Automobile for producing an SUV called the CEO, which the Germany company says is a copy of its X5. And, that may not be the…
