9:51am ET
Cars and Drivers
Is GM (GM) Worth $130 Billion?
On news that GM (GM) has put together a new and very aggressive restructuring program, its shares are higher by 22% to $2.07, which gives the company a market cap of $1.28…
F Coverage Page 205
4:18am ET
1:12pm ET
Investing
The Top Ten Stocks For Short Sellers (MSFT)(INTC)(SIRI)(F)(AIG)(C)
Short selling is among the most controversial investment practices and has been blamed for sharp sell-offs in the stocks of a number of large companies, especially financial firms. Governments in both the US and…
8:21am ET
Investing
Short Sellers Abandon Financial Shares, Tech Stocks
Short sellers are not longer willing to gamble on a collapse in the share prices of America’s largest financial firms. Perhaps they think that the issue of nationalization has largely disappeared, the…
7:05am ET
Investing
Auto Future: ‘The Big 3’ Becomes ‘The Big 2’ (F, GM, DAI)
“The Big 3” is now likely more than ever about to become a term of the past. Chrysler looks like it may be the first one out, and the question immediately after…
3:05am ET
Media
Media Digest 4/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress. Reuters reports that Ken Lewis of Bank of America (BAC) says his firm what urged by…
6:27am ET
Cars and Drivers
A Note To The Treasury: Toyota (TM) Will Lose $5 Billion
The Treasury Department may want to adjust what it thinks the cost of the bailouts of GM (GM) and Chrysler will cost. Word out of Japan is that Toyota (TM) will loss…
3:02am ET
Investing
Shorts, Back In Financials, Probably Got Buried. Cut Bets On Tech
Short sellers were figuring that after the bank rally late last month, banks shares were likely to give back some gains. That was working until Wells Fargo (WFC) reported that it would…
3:53am ET
Cars and Drivers
Having A Wake At The Car Show
The press is upset that the car companies will not put on their usual splendid displays at the New York International Auto Show. There will not be a big collection of V8…
2:56am ET
Media
Media Digest 4/7/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, some members of Congress were unhappy with Defense budget cuts. Reuters reports that Americans are more optimistic about the economy since Obama came into office, according to a New…
2:10pm ET
Cars and Drivers
March Car Sales: When Better Is Awful (GM)(F)(TMC)(HMC)
Like a number of other numbers which have come out in the last month, US light vehicle sales were slightly better than expected. Tell that to the US car companies which are…
3:02am ET
Media
Media Digest 4/1/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Obama demanded that the G-20 find solutions to the global financial crisis. Reuters reports that a bankruptcy for GM (GM) and Chrysler could be a long, drawn-out process. Reuters…
8:29am ET
Cars and Drivers
Ford Learns Lesson From Hyundai (F)
Hyundai has become a very successful auto company in the US if you consider the state of the auto industry and the current economy. It’s “lose your job, we take the car…
Douglas A. McIntyre 5:20am ET
Cars and Drivers
Will Wagoner End Up At Nissan/Renault?
Rick Wagoner, former CEO of GM (GM), is not old enough to retire. He has an incredible CV which includes running a huge but troubled car company for eight years. Another firm…
4:14am ET
Cars and Drivers
Toyota Can Finally Take Over The US Car Market
Toyota’s (TM) share of the US light vehicle market is 18% and Honda’s (HMC) is 10%. GM’s (GM) share of its home market is about 22%. Fifty-five years ago, the No.1 US…