ThinkstockLittle did sweater-clad Fiat CEO Sergio Marchionne know when he bought a controlling stake in troubled number three U.S. car maker Chrysler that he was hedging an unknown bet that Fiat would fall…
U.S. equity markets re-opened for business in New York this morning after a two-day shutdown forced by Hurricane Sandy. Markets opened higher, but lost their energy by mid-morning. Asian markets were higher…
courtesy of FordFord Motor Co. (NYSE: F) reported its third-quarter earnings on Tuesday while the markets were closed. The auto giant beat earnings expectations but this quarter was saved by North American…
Jon C. Ogg Chrysler Group reported on Monday that the company’s net income for the third-quarter totaled $381 million, up 80% from $212 million in the same period a year ago. Net revenue totaled $15.5…
courtesy of YouTubeWalt Disney Co. (NYSE: DIS) buys Lucasfilm for $4.05 billion. (Reuters) Many members of the Greek parliament will vote in favor of austerity measures. (Reuters) Chrysler will not move Jeep…
U.S. stock markets were closed again today as New York City recovered from the damage brought on by Hurricane Sandy. In New York, both Nasdaq and the NYSE announced that the markets…
courtesy of Ford Motor CompanyFord Motor Co. (NYSE: F) is showing that the car business can be profitable, even if its guidance in recent weeks has only allowed its shares to tread…
Jon C. Ogg Chrysler Group LLC reported today that the company’s net income for the third-quarter totaled $381 million, up 80% from $212 million in the same period a year ago. Net revenue totaled $15.5…
Chinese auto and battery maker BYD Co. Ltd reported today that third-quarter profits fell 94% year-over-year as China’s domestic car market continues its slump. MidAmerican Energy Holdings Co., a division of Warren…
courtesy of Ford Motor CompanyThe value of shares in Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) have been badly damaged, primarily because of the weakness in the European…
In the first nine months of 2012, the various models of the Prius from Toyota Motor Corp. (NYSE: TM) sold 46,380 vehicles in California to become the best selling car in the…
In 2011, new car and light truck sales in the United States came in at about 13 million units sold. According to TrueCar.com, forecast sales for October put new light vehicle sales…
The European financial crisis has just claimed another 5,700 victims. That’s how many workers Ford Motor Co. (NYSE: F) will fire at two plants in the United Kingdom and one plant in…
Paul Ausick Short sellers must believe that, if the market rises, shares of weak companies will go along. Their positions in stocks that should drop due to their recent financial statements, and in some…
Companies institute or raise dividends for several reasons. One, the most striking example of which is Apple Inc. (NASDAQ: AAPL), is to return money to shareholders from balance sheets laden with cash.…
