According to Reuters, the Fed will sit tight on rates as oil prices moderate. Reuters writes that Verizon (VZ) labor talks have continued past their dealine. Reuters reports that Chrysler renewed its…
Markets in Asia were sharply lower. The Nikkei fell 1.2% to 12,933. Honda (HMC) fell 5.8% to KDDI rose 4.6% to 657000. The Hang Seng dropped 1.6% to 22,493. China Life (LFC)…
Douglas A. McIntyre Nice guys finish last. Ford (F) is a fine example. After being the No.2 car company in the US fro decades, it will probably moving into the No. 4 spot behind Honda…
The plague of falling US vehicle sales is reaching the earnings of big car companies abroad. BMW "reported second-quarter earnings that trailed analysts’ estimates and abandoned its profit forecast on falling U.S.…
Most markets in Asia were up slightly. The Nikkei rose .1% to 13,354. Honda (HMC) fell 2.9% to 3650. NTT (NTT) rose 3.1% to 528000. The Hang Seng moved up .1% to…
Douglas A. McIntyre According to Reuters, Microsoft (MSFT) backed its internet spending plan and said it was done with negotiations with Yahoo! (YHOO). Reuters reports that the CFO of Wachovia (WB) is leaving.
Markets in Asia were mostly higher The Nikkei rose 2.1% to 13,603. Honda (HMC) rose 3.8% to 3840. KDDI rose 5.6% to 619000. The Hang Seng rose .8% to 23,326. China Life…
Douglas A. McIntyre Ford (F) and GM (GM) are each announcing new plans to save themselves from the earnings garbage bin and give their shareholders some needed hope. It is awfully late to get started.
GM’s (GM) problem is that there is no "correct" size for its North American operations. While it is in fine shape overseas, especially in Latin America, Russia, and China, there is no…
It speaks volumes that Honda (HMC), an also-ran Japanese car company behind Toyota (TM) for years, had two of the top five selling cars in the US during June. It is a…
The theory goes that if 1,000 monkeys typed for 1,000 years, one of them could recreate the work of William Shakespeare. It is a bit like that in the GM (GM) executive…
Markets in Asia were mostly lower. The Nikkei fell 1.3% to 13,286. KDDI was down 3% to 642000. Honda (HMC) was off 1.1% to 3600. The Hang Seng fell 1.4% to 21,791.…
Douglas A. McIntyre On Tuesday, it won’t just be the first day of the month nor just the first day of the quarter. It is yet another reporting day for new car and truck sales…
Markets in Asia were mixed. The Nikkei fell a fraction to 13,822. Honda (HMC) fell 2.1% to 3750. KDDI fell 2% to 655000. The Hang Seng fell .3% to 22,573, China Netcom…
Douglas A. McIntyre Elvis has left the building but that does not seem to matter to GM. The company is cutting back on new designs for future SUVs, the same SUVs that no one will…
