GM has increased the price per share of its IPO from about $26 to nearly $33 and ratcheted up the number of shares it will offer by 30% to 478 million shares,…
Irrelevant CNBC has reported that GM will not allocate any shares in its IPO for customers of Charles Schwab (NASDAQ: SCHW), TDAmeritrade (NASDAQ: AMTD), and E*Trade (NASDAQ: EFTC). That means retail investors…
Short sellers moved into the shares of large financial firms, perhaps sensing the effects of new regulation and an exit from proprietary trading businesses. The short interest in Citigroup (NYSE: C) rose…
Chrysler still bleeds money based on its third quarter earnings release. The numbers stand in contrast to recent profits reported by GM, Ford Motor (NYSE: F), and Toyota (NYSE: TM). The figures…
Toyota Motor (NYSE: TM) announced its earnings for the quarter that ended September 30, and they were impressive. The company damaged its reputation due to millions of recalls and the recent value…
In the midst of the one of the worst car sales environments in US history, GM has announced details of its IPO. If the company were not the leading auto company in…
Douglas A. McIntyre The Republicans took control of the House but not the Senate. Solar panel maker Solyndra was forced to halt expansion, to some extent because of Chinese competition. (NYT) Cotton prices will cause clothing…
Car manufacturers will announce their domestic sales for October today. Analysts expect them to be good, although that is relative. The annual run rate of US vehicle sales will probably be below…
Twitter has, by most estimates, 145 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…
VW and Toyota (NYSE: TM) have competition from a US car company again–Ford. Ford Motor Company (NYSE: F) Q net income of $1.7 billion, $.43 cents per share, a $690 million improvement…
Nissan’s flagship brand is Infiniti which competes with BMW, Mercedes, the Lexus brand of Toyota (NYSE: TM), and the Acura brand of Honda (NYSE: HMC). The Cadillac brand of GM needs to…
Many companies keep the names that they used to brand themselves when they were founded. Firms such as Ford (NYSE: F) and Apple (NASDAQ: AAPL) may have changed their corporate names slightly…
Reuters: American International Group (NYSE: AIG) CEO Benmosche has cancer. (Reuters) Ford Motor (NYSE: F) may post record profits. (Reuters) William Dudley of the New York Fed said the central bank could…
These are some of this Thursday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Agrium Inc. (NYSE: AGU) Removed from TD’s Action Buy List but target raised to…
S&P gave GM a corporate rating of “BB-,” which put it well into “junk” territory. However, the credit agency was optimistic about some of the No.1 American car company’s prospects. GM made…
