courtesy of Facebook Inc.Lehman Bros. sues Intel Corp. (NASDAQ: INTC) over $1 billion in seized collateral. (Reuters) Glencore continues to push to buy Xstrata. (Reuters) Facebook Inc.’s (NASDAQ: FB) mobile business shoots…
courtesy of The Car Spy, via Wikimedia CommonsBMW posted impressive earnings, although by many measures they could be considered weak. The luxury car group has proved that even recession does not kill the…
ThinkstockApril U.S. sales numbers are due out from most U.S. and foreign automakers today, and it looks like it was another good month for car sales. Chrysler Group, which is controlled by…
This week should mark the climax of first quarter corporate earnings season. It will be a full week for the earnings calendar, along with key economic events and some corporate annual meetings to…
Courtesy Volkswagen AGMost large global car companies still believe that China will not only remain the world’s largest car market, but also will be one of the fastest growing. But growth there has…
U.S. equity markets opened mixed this morning as investors and traders tried to make sense of more than 150 earnings reports that were released between last night’s closing bell and this morning’s…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) reported first-quarter 2013 results before markets opened this morning. For the quarter, the automaker posted adjusted diluted earnings per share (EPS) of $0.40 on…
Paul Ausick U.S. equity markets opened higher this morning despite low flash PMI readings from the eurozone. Germany’s manufacturing PMI reading was especially notable, falling to 47.9 from 49, and the country’s services PMI…
Courtesy General Motors Co.General Motors Coo. (NYSE: GM) discussed its present situation in China and pointed to its future plans. GM has been the leading car company in China for eight years,…
Courtesy of Tesla MotorsThere are about five dozen hybrid or all-electric cars available in the U.S. Of those, the editors of Kelley Blue Book chose 10 that they think are the best…
ThinkstockCar sales in Europe dropped 10.2% in March, according to the European Automotive Manufacturers’ Association (ACEA). The news not only shows how unlikely it is local car companies can rebound during the…
ThinkstockOver the past 10 years the world’s largest commodities trading houses have racked up nearly $250 billion in profit. That is more than the net profit of Goldman Sachs Group Inc. (NYSE:…
courtesy of Facebook Inc.Softbank probably will pursue its bid for Sprint Nextel Corp. (NYSE: S), even though DISH Network Corp. (NASDAQ: DISH) has made a bid of its own. (Reuters) The European Union…
ThinkstockWells Fargo & Co. (NYSE: WFC) cuts the number of outside investment managers that its brokers can offer to clients. (Reuters) Thermo Fisher Scientific Inc. (NYSE: TMO) is likely to pay $13…
courtesy of Toyota Motor Corp.Toyota Motor Corp. (NYSE: TM) announced that the Ford Motor Co. (NYSE: F) claim that its Focus was the best-selling car in the world last year is false.…
