EU leaders set a tentative plan to recapitalize troubled banks directly with funds meant to be loaned for sovereign bailouts. (Reuters) Stockton, Calif., files for bankruptcy. (Reuters) Research In Motion (NASDAQ: RIMM)…
Ford Motor Co. (NYSE: F) is still the great America car company, but the growth markets are not going to deliver for it in 2012. in fact, the company noted in an…
Jon C. Ogg The three major US stock indexes opened lower this morning and stayed in losing territory all day as investors first figured out that the two-day Eurozone summit meeting would very likely end…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Anadarko Petroleum Corporation (NYSE: APC) Raised to Outperform at Bernstein. Apple Inc.…
If Google (NASDAQ: GOOG) is fortunate, its new Nexus 7 tablet will be like a Chrysler automobile. The device is up against Apple (NASDAQ: AAPL), with its General Motors (NYSE: GM) type…
U.S. June car sales should be the best they have been for any month since 2007. That year was just ahead of the sickening drop in volume which accompanied the recession and eventually triggered…
General Motors Co. (NYSE: GM) today issued a recall of more than 475,000 Chevrolet Cruze sedans to correct a problem that could lead to fires in the car’s engine compartment. The recall…
In the race for leadership in vehicle quality, American car companies have chased their Japanese rivals for two decades. Data from industry research firm JD Power show that U.S. manufacturers have started…
The Federal Reserve says it will increase help to the U.S. economy, and it may be willing to do more. (Reuters) Spain may request more financial aid for its troubled banks. (Reuters)…
Jon OggToday’s announcement from The Procter & Gamble Co. (NYSE: PG) included a statement that the company expects to experience a negative impact on sales of -4% due to foreign exchange transactions.…
Huntington Asset Advisors has announced the launch of an actively managed exchange-traded fund via Huntington Strategy Shares called the Huntington EcoLogical Strategy Shares ETF (HECO). This is the first of two ETFs the firm…
The Federal Reserve may act to spur the faltering economy. (Reuters) The G20 backs aggressive actions to combat Europe’s financial problems. (Reuters) Microsoft (NASDAQ: MSFT) did not tell its PC customers, including…
Automaker Ford Motor Co. (NYSE: F) today released its annual sustainability report, claiming a 22% reduction in energy used to build cars over the past 6 years and a plan to cut…
General Motors (NYSE: GM) lost $747 million, before interest and taxes, in Europe in 2011 and has lost $15.6 billion since 1999, the last year GM made money in the region. The big…
US lithium-ion battery maker A123 Systems Inc. (NASDAQ: AONE) has definitely had a rough year. Shares are down about -72%, making it the worst performer out of US battery makers like EnerSys…
