News Break: Unexpected Quarterly Loss At Ford (F)
UPDATED BELOW Ford Motor Co. (NYSE: F) is going to report a loss for the quarter. CNBC’s Phil LeBeau just announced that a presentation at a conference is telegraphing that the best…
UPDATED BELOW Ford Motor Co. (NYSE: F) is going to report a loss for the quarter. CNBC’s Phil LeBeau just announced that a presentation at a conference is telegraphing that the best…
It is impossible for every company in an industry to gain market share. Yet, almost all of the large car manufacturing executives say that in 2012 they will beat their competition in…
http://platform.twitter.com/widgets/hub.1324331373.html The U.S. may start legal proceedings against Swiss financial firm Wegelin & Co. based on beliefs that it helped shield Americans from taxes. (Reuters) The EPA may send fresh water to…
Several media have reported that BMW has pushed ahead of competitors Mercedes and the Toyota (NYSE: TM) luxury brands to take the No. 1 spot in American sales for 2011. The Germany…
Markets opened lower today and stayed in negative territory until mid-afternoon. Car makers reported December sales throughout the day, with Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) both…
Ford (NYSE: F) was the hot US car company in 2010. That crown has been taken by Chrysler, at least in terms of growth rate. Ford’s domestic sales rose 16% in December to…
Bill Gross’s PIMCO Total Return Fund has $1.4 billion in outflows in December, according to Morningstar. (Reuters) MF Global sold some assets to Goldman Sachs (NYSE: GS) before its collapsed. (Reuters) As…
Chrysler was supposed to stumble out of Chapter 11. The recovery of General Motors (NYSE: GM) was remarkable. Ford’s (NYSE: F) success was based on its ability to introduce new products quickly because…
US automaker Ford Motor Co. (NYSE: F) will sell more than 2 million vehicles in the US in 2011, the first time since 2007 that any car maker has sold that many…
What Eddie Lampert put together in 2005 could be broken into pieces again, and that might be the only realistic way to “fix” Sears Holdings (NASDAQ: SHLD). Lampert engineered a merger of…
Truecar, a research firm, expects December auto sales to be the best of any month this year. If so, it would be another confirmation that the American consumer has returned to the…
New car sales in the US for December are forecast to rise 8.1%, including fleet sales, to an annual seasonally adjusted sales rate of 13.5 million new vehicles. The annualized sales rate…
A number of incredible new products were launched this year. Apple (NASDAQ: AAPL) introduced the iPhone 4S — a phone with voice command — and Boeing’s (NYSE: BA) 787 Dreamliner — a…
The retail industry, just off a successful holiday season, must now wait for data on how post-holiday sales went. The Monday after Christmas is one of the busiest of the year. Two…
As part of the race for ultra-high mileage cars, Toyota (NYSE: TM) has launched its Aqua hybrid. The car will also be called the Prius c. Toyota will sell the car for…