As Car Companies Fiddle, Detroit Burns
courtesy Ford Motor Co.The Big Three have a history with Detroit that goes back a century. Ford Motor Co. (NYSE: F), some divisions of General Motors Co. (NYSE: GM) and Chrysler had…
courtesy Ford Motor Co.The Big Three have a history with Detroit that goes back a century. Ford Motor Co. (NYSE: F), some divisions of General Motors Co. (NYSE: GM) and Chrysler had…
courtesy of YouTubeYahoo! Inc.’s (NASDAQ: YHOO) revenue rises in the fourth quarter, but only slightly. (Reuters) Detroit probably will file for bankruptcy. (Reuters) Nokia Corp. (NYSE: NOK) will put $250 million into…
U.S. equity markets opened mixed this morning on relatively little new data. In Europe, Italian consumer confidence rose more than expected and Germany auctioned 12-month bills at a positive yield for the…
courtesy of Kia MediaIn December 2012, new car and light truck sales in the U.S. came in at about 15.4 million units sold. According to TrueCar.com, forecast sales for January put new…
Frank Golhen, via Wikimedia CommonsEarnings season is in full swing and the coming week will have many big earnings announcements. 24/7 Wall St. has provided a brief calendar showing current and ex-DJIA…
U.S. equity markets opened higher this morning following a string of solid earnings reports yesterday and after markets closed last night. As we note below, earnings results were more mixed today, but…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Alcatel-Lucent S.A (NYSE: ALU) raised to Neutral from Sell at Citigroup. Baker…
ThinkstockGeneral Motors Co. (NYSE: GM) and Ford Motor Co. (NYSE: F), which have posted huge financial loses in Europe, face larger ones in 2013 that could swamp strong revenue from the United…
thinkstockThe Japanese government says the future image of the Boeing Co. (NYSE: BA) 787 is at risk as the U.S. government probes problems with the plane. (Reuters) Dell Inc. (NASDAQ: DELL) may…
ThinkstockThe theory about the success of large global car manufacturers has been that as they lose sales ground in Europe, China should more than make up for the drop. The U.S. market…
courtesy of Ford Motor CompanyFord Motor Co. (NYSE: F) is trying to take away some of the thunder from General Motors Corp. (NYSE: GM), now that GM is losing its “Government Motors”…
courtesy of General MotorsSales of General Motors Co. (NYSE: GM) Chevrolet cars have not been robust lately. GM and many analysts blame this on an aging model line, which will be updated…
courtesy of AOL, IncSamsung’s profits reach $8.3 billion, much of it due to the success of its Galaxy product line. (Reuters) Intel Corp. (NASDAQ: INTC) launches a series of low-powered chips for…
courtesy of General MotorsIf car buyer brand performance is any measure of the success of a nameplate, Cadillac and Lincoln still have a long uphill battle against foreign competition. Brand weakness is yet another hurdle each…
Courtesy Ford Motor Co.The luxury car sales race in the United States in 2012 was won by BMW, with Mercedes second and Toyota Motor Corp.’s (NYSE: TM) Lexus in third. The two…