Short sellers appear to believe that the gyrations in the market will, on balance, bring the indices down. And some stocks, they are willing to gamble, will fall significantly. Their bets on…
Federal officials may consider cuts in food stamp programs that serve 46 million people. (Reuters) Housing prices probably continued to fall in July. (Reuters) Toyota (NYSE: TM) and Ford (NYSE: F) to…
Two of the world’s largest car makers have announced a development project that could lead to a gasoline/electric hybrid drive train for light trucks and SUVs by the end of the decade.…
Auto sales now are expected to be well below estimates made earlier this year. They seemed to have recovered in the first half from the sickeningly low rates of 2008 and 2009.…
Hewlett-Packard’s (NYSE: HPQ) new CEO faces investors concerned about its prospects. (Reuters) U.S. box office sales near records despite the slowdown. (Reuters) Lenovo posts strong earnings in spite of troubles with global…
China became the largest car and light truck market in the world when it passed the U.S. two years ago. This has prompted all of the big auto manufacturers to quicken their…
4.00 PM VIX panic index up 40% to highest level since credit crisis. DJIA closes at lows off 628 which is 5.3%.NYSE trades 2.3 billion shares NASDAQ off 6.9%. S&P down nearly…
When you have a credit rating downgrade of the U.S. followed by a 300+ point drop in the DJIA and another near-100 point drop in the NASDAQ, it is no shock at…
Verizon (NYSE: VZ) faces a strike of 45,000 of its workers. Members of the Communications Workers of America and the International Brotherhood of Electrical Workers walked out because Verizon wants sharp cuts…
General Motors Company (NYSE: GM) is back. That is what the stream of headlines would indicate this morning after the company blew past earnings expectations with a big win. The auto-maker’s earnings…
Honda (NYSE: HMC) and Toyota (NYSE: TM) had horrible domestic sales in the U.S. in July, mostly because of parts shortages caused by the Japanese earthquake. GM (NYSE: GM) barely hit forecasts,…
Last week’s announcement on new corporate average fuel economy rules, known as CAFE, got a lot of coverage for its headline number of average fleet mileage of 54.5 miles/gallon by 2025. The…
There are going to be more than just several key equity issues to watch in the week ahead. 24/7 Wall St. has compiled this weekend’s previews of non-earnings events to watch this…
In the absence of an agreement on a new US debt ceiling, the US government will stop paying its bills on Tuesday, August 4th, and, just like the rest of us, when…
Credit Suisse (NYSE: CS) cut 2,000 jobs as the bank’s results faltered (Reuters) Investors tried to move to safe investments as a default became more likely (Reuters) A new Boehner plan will…
