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 New research out reveals that GM (NYSE:GM) has made a sharp and powerful turn to the internet for marketing. A new comScore survey shows that in January, GM delivered nearly 1.7 billion…
According to Reuters, Comcast (CMCSA) and Time Warner Cable (TWC) are in talks to fund a wireless venture to be operated by Clearwire (CLWR) and Sprint (S). Reuters writes that new home…
It now appears imminent. Ford (NYSE: F) will sell its Jaguar and Rover brands to India’s Tata Motors. According to the FT, "The sale is expected to have a price tag of…
Douglas A. McIntyre According to Reuters, the Justice Department has approved the Sirius (SIRI) merger with XM Satellite (XMSR). Reuters writes that JP Morgan (JPM) raised its offer for Bear Stearns (BSC) and took a…
"The current financial crisis is the most serious since the second world war, and perhaps since the Great Depression."–The London Observer, March 23, 2008 Many investors find it hard to believe that…
The short interest in most large stocks traded on the NYSE increased as measured on March 14. The figures compare to February 29. Car stocks were hit especially hard. Shares short in…
No matter how much Detroit would like to change the math, the total always adds to 100%. Over the course of the last week, management from GM (NYSE:GM), Ford (NYSE:F), and Chrysler…
When the most powerful company in an industry says it won’t makes it numbers, the ripples are bound to look like storm-driven waves. Toyota (TM), for so long certain that it would…
GM (NYSE: GM) and Ford (NYSE: F) already trade near 52-week lows because of high gas costs and the rising prices of commodities for components used in cars. Now, JP Power is…
Ford (NYSE:F) is launching a mad new ad campaign with the tag-line "Ford. Drive One". The company is working with it local dealers to get them to push the same message. According…
Accoding to Reuters, the Fed is set for a large rate cut in the face of the financial crisis. Reuters writes that Google (GOOG) says it is well positioned for an economic…
Those rummaging through the garbage of 52-week low lists are usually bottom-fishing investors or desperate CEOs. But, the list is so broad that it has become a tableau of the market as…