1:23pm ET
Cars and Drivers
US Auto Sales Coming With Free Rope (GM, F, TM, HMC)
On Tuesday, it won’t just be the first day of the month nor just the first day of the quarter. It is yet another reporting day for new car and truck sales…
F Coverage Page 219
3:04am ET
Investing
Media Digest 6/27/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, M&A activity is down sharply. Reuters writes that Anheuser-Busch (BUD) turned down an offer from InBeve. Reuters reports that Yahoo! (YHOO) has realigned its senion management Reuters reports that…
2:57am ET
Media
Media Digest 6/26/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Anheuser-Busch (BUD) will reject a $46.3 billion buy-out from InBev. Reuters writes that Oracle (ORCL) posted strong earnings but its outlook was light. Reuters reports that RIM (RIMM) has…
11:03am ET
Cars and Drivers
Ford (F) Says It Will Never Make Money Again
What about the idea that The Ford Motor Company (F) will never make money in North America again? Ford told Wall St for the second time in as many months that things…
Douglas A. McIntyre 4:42am ET
Cars and Drivers
Who Will Kerkorian Sell Ford (F) To?
Ford (F) management believes that Kirk Kerkorian and his mob of friends are hanging around the car company because they think CEO Alan Mulally is doing a fine job. Ford may want…
Douglas A. McIntyre 3:09am ET
Investing
Short Sellers Make Huge Bets US Financials Will Tumble As Citigroup (C) Sees More Write-Downs (LEH)(AIG)(WB)(WM)(ABK)(JPM)(GM)(F)(GE)(WMT)(MOT)(DAL)(EMC)(Q)
Citigroup’s (C) CFO says he see write-downs through the end of the year. The head of hedge fund Paulson & Co,says bank losses will hit $1.3 trillion. Write-downs at Lehman (LEH) and…
2:52am ET
Media
Media Digest 6/20/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the fuel price increase in China may bolster consumption. Reuters writes that the Fed’s policy on inflation is starting to hurt the housing market. Reuters writes that the Bank…
2:56am ET
Media
Media Digest 6/18/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Staple (SPLS) has received EU approval for a takeover of Corporate Express. Reuters writes that DreamWorks is in conversations with India’s Reliance. The deal would allow top management at…
5:53am ET
Cars and Drivers
Same Headline, Wrong Tactic, Again: Ford (F) To Cut Costs
Ford (F) is making the rounds of its employees and unions to tell them that the company will have to take out more costs. According to The Wall Street Journal, the word…
5:13am ET
Cars and Drivers
Ford (F) Asks Uncle Sam To Build An Electric Car
Ford (F) wants the Feds to help it build and market an electric car. The vehicle manufacturer argues that if Congress does not give incentives to citizens who want to buy the…
4:14am ET
Media
Media Digest 6/13/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Pfizer (PFE) may make a counter-bid for Ranbaxy Laboratories, the generic drug-maker. Reuters reports that deal talks between Yahoo! (YHOO) and Microsoft (MSFT) are dead. Yahoo! will do an…
2:49am ET
Media
Media Digest 6/13/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Pfizer (PFE) may make a counter-bid for Ranbaxy Laboratories, the generic drug-maker. Reuters reports that deal talks between Yahoo! (YHOO) and Microsoft (MSFT) are dead. Yahoo! will do an…
2:56am ET
Media
Media Digest 6/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, InBev made $46.3 billion offer for Anheuser-Busch (BUD). Reuters reports that AIG (AIG) shareholders are demanding board changes. Reuters writes that the GM (GM) Europe sales chief sees a…
4:41am ET
Cars and Drivers
Toyota’s (TM) Electric Razor Car (GM)(F)
Detroit may be falling behind the curve again. Toyota (TM) will begin to mass produce lithium ion-batteries in less than two years, making the chances that a working electric car will be…
5:00am ET
Cars and Drivers
GM (GM) Pays People To Take SUVs
Incentives for buying SUVs and pick-ups are getting so large that soon the car companies will pay customers just to clear out inventory. GM (GM) announced another round of cash-back deals, some…