One reason investors like to own General Motors (NYSE: GM) stock is that that company is the leading car manufacturer in China, when its local partners’ sales results are added to its own.…
Greece continues to demonstrate that it can teeter almost indefinitely between austerity and the grant of aid packages without a short-term resolution to its sovereign debt crisis. The latest development is that the ruling coalition…
It is rare for one of America’s largest companies to lose a third or more of its sales in a brief time. When it happens, it is usually either because of market…
Time has finally run out for Greece. The European Union, European Central Bank and International Monetary Fund have said they are tired of waiting to see if Greece can cut is budget again.…
The country’s largest automobile dealership, AutoNation Inc. (NYSE: AN) reported that January sales rose to 15,966 vehicles, up 7% year-over-year. The sales growth follows yesterday’s reports from General Motors Co. (NYSE: GM),…
A 30-second ad spot in this year’s Super Bowl costs an average of $3.5 million. That’s an 84% increase from 10 years ago and the highest amount advertisers have ever had to…
Car stocks traded mixed the day before the companies release January sales data. The number are expected to be as strong, if not stronger than those at the end of last year.…
All three major US indexes opened lower this morning following the report that US GDP grew by 2.8% in the fourth quarter. A rise of 3% was expected. Combined with the lack…
Ford Motor Company (NYSE: F) is getting clocked today after earnings. Some of the news should have been anticipated that Thai floods affected its supply chain in Asia because the company already…
Among the major movers at around noon today are Infinity Pharmaceuticals Inc. (NASDAQ: INFI), Riverbed Technology Inc. (NASDAQ: RVBD), Solutia Inc. (NYSE: SOA), Informatica Corp. (NASDAQ: INFA), and Ford Motor Co. (NYSE:…
There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include Infinity Pharmaceuticals Inc. (NASDAQ: INFI), Riverbed Technology Inc. (NASDAQ:…
US GDP was up 2.8% in the fourth quarter, below consensus estimates of 3%. The stock market shrugged the news off, perhaps because recent PMI, employment, and consumer sentiment have been strong…
Douglas A. McIntyre Ford’s (NYSE: F) earnings were disappointing, and investors paid with a 4% drop in shares in the pre-market. Although US sales were good last year, compensation costs helped keep margins down. Asia-Pacific…
Douglas A. McIntyre Greece and its creditors are close to a deal on the nation’s debt swap. (Reuters) A judge rules that some of the Gulf spill costs to be covered by Transocean (NYSE: RIG) will…
Car sales in the US continue to defy economic gravity. After a 2011 in which sales rose sharply despite a shaky economy, Truecar says January sales will continue the trend. It is a sign…
