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Citigroup’s (C) CFO says he see write-downs through the end of the year. The head of hedge fund Paulson &…
According to Reuters, the fuel price increase in China may bolster consumption. Reuters writes that the Fed’s policy on inflation…
According to Reuters, Staple (SPLS) has received EU approval for a takeover of Corporate Express. Reuters writes that DreamWorks is…
Ford (F) is making the rounds of its employees and unions to tell them that the company will have to…
Ford (F) wants the Feds to help it build and market an electric car. The vehicle manufacturer argues that if…
According to Reuters, Pfizer (PFE) may make a counter-bid for Ranbaxy Laboratories, the generic drug-maker. Reuters reports that deal talks…
According to Reuters, InBev made $46.3 billion offer for Anheuser-Busch (BUD). Reuters reports that AIG (AIG) shareholders are demanding board…
Detroit may be falling behind the curve again. Toyota (TM) will begin to mass produce lithium ion-batteries in less than…
Incentives for buying SUVs and pick-ups are getting so large that soon the car companies will pay customers just to…
There are the 24/7 Wall St. odds that several companies will have to file for Chapter 11 between now and…
Kirk Kerkorian will end up owning more than 5% of Ford after he completes his current tender. He does not…
There was nothing wrong with relying heavily on pick-ups and SUVs for the bulk of GM’s (GM) sales. That is…
Short sellers sharply increased their bets against big US banks based on data from the NYSE as of May 30.…
Ford (F) will be cutting 15% of its white collar expenses before August 15. According to Reuters, Ford said "We…
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