Kirk Kerkorian, billionaire and elder statesman of takeovers, said he will make a tender offer for another 20 million shares of Ford (F). The price will be $8.50 a share. His timing…
Douglas A. McIntyre The tendency among buyers of auto stocks is to look at falling expenses at the big firms like GM (GM) and Ford (F) and to hope that unit sales in the US…
These are ten of the top calls we see affecting shares this Friday morning in the early pre-market trading hours: Aetna (NYSE: AET) raised to neutral at Credit Suisse. Baidu.com (NASDAQ: BIDU)…
According to Reuters, two Chinese citizens have filed a $1.3 billion suit against CNN(TWX) for insulting the people in their country. Reuters reports that Honda’s net fell and that the company said…
Ford’s (F) share are trading up 5%. The company had an outstanding quarter. The car company reported net income of $100 million, or 5 cents per share, for the first quarter of…
Douglas A. McIntyre The Wall Street Journal thinks that things are getting better at Ford (F) and that management efforts can now be called a "turnaround". The paper points to improving earnings and cars which…
Douglas A. McIntyre Once a year, the firm Millard Brown puts out its BrandZ 100 Most Valuable Brands. The data used for the list comes from consumer research and financial data on the companies. The…
These are not all of the analyst calls affecting shares, but these are the initial calls we are focusing on early this Friday morning: Alliance Data Systems (NYSE: ADS) Raised to Buy…
Nissan and Chrysler will begin joint production of some cars and trucks. It makes sense. Nissan produces small, fuel-efficient cars and the US company is the past master of building pick-ups. So,…
Douglas A. McIntyre The Big Three reason that if they cannot sell enough cars in the US, they can make them here and send them overseas. There new agreement with the UAW and a weak…
Once The Justice Department cleared the merger of Sirius (NASDAQ: SIRI) with XM Satellite (NASDAQ: XMSR) and there was some anticipation that the deal would get done the shares of both companies…
Rally caps were out in force yesterday with the Dow moving up almost 400 points. How and why it did that in a day of predominantly bad news is hard to fathom.…
According to Reuters, Lehman (LEH) raised $4 billion. Reuters writes that US factory orders probably fell in February. Reuters reports that the Fed approved the JPMorgan (JPM) purchase of Bear Stearns (BSC)…
It says a lot when sales of Toyota’s (TM) are actually falling. In March, vehicle sales for the big Japanese company fell 10.3% in the US market to 217,730, Total passenger car…
In March, Ford, Lincoln and Mercury sales totaled 213,074, down 14 percent compared with a year ago. Sales to individual retail customers were 17 percent lower than a year ago, with essentially…
Douglas A. McIntyre