Auto Sales Flat Line As GM Loses Ground
A new forecast shows that car sales will drop in February from January when measured by the Seasonally Adjusted Annualized Rate. The February number will translate into an SAAR of 12.5 million cars…
A new forecast shows that car sales will drop in February from January when measured by the Seasonally Adjusted Annualized Rate. The February number will translate into an SAAR of 12.5 million cars…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Nothing like the Chapter 11 filing of a major public company brings in poor press notices. Borders Group filed for bankruptcy and closed 200 stores which is also bound to hurt it…
24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved…
Negative press about Chevron (NYSE: CVX) has reached a boiling point after news that the oil company had been hit with a $9.5 billion ruling by an Ecuador count. The penalty comes…
Reuters: A Deutsche Borse deal with the the NYSE (NYSE: NYX) faces regulatory resistance (Reuters) Reuters: Microsoft (NASDAQ: MSFT) and Nokia (NYSE: NOK) will try to create competition for Google’s (NASDAQ: GOOG)…
Ford Motor Company (NYSE: F) is continuing to make good on its promise to cut debt and get its finances in better order. Despite having the best balance sheet by far of…
Short sellers moved into the shares of companies that Wall St. views as having weak earnings capacity and poor business strategies. Shares sold short in AMD (NYSE: AMD), which recently pushed out…
Toyota Motor (NYSE: TM) posted mediocre results for its fiscal third quarter which ended on December 31, and the nine months which ended on the same day. The world’s largest car company…
AOL (NYSE: AOL) bought the Huffington Post for $315 million. (Reuters) Sanofi-Aventis and Genzyme (NASDAQ: GENZ) are closer to a deal (Reuters) Hackers who broke into the NASDAQ will undermine investor confidence.…
Corporate turnarounds are almost never engineered by a single person. A CEO who takes a failing company and makes it successful again obviously got help from management, a board, along with customers…
US domestic vehicle sales reached a a 27-year low in 2009 when only 10.4 million units were sold. The figure for 2005 was 16.94 million, a period of unusual prosperity. In other…
Americans are used to being No.1 in nearly all the world’s businesses, and athletic endeavors. The foundation of that certainly began to erode in the 1970’s, when much of America’s manufacturing industry…
Friday was a sea of red in the markets, but earnings season creates many winners and losers. This last week brought on another interesting aspect: Many Stocks Got Hammered! It was no…
GM (NYSE: GM) is supposed to be a badly crippled giant. Toyota (NYSE: TM) is the global car company with the most efficient manufacturing plants, the highest quality cars and the strongest…