Tata Motors (TTM) of India is introducing its new $2,500 car. According to The New York Times "the company wants to provide four-wheel transportation for the first time to people accustomed to…
According to Reuters, Howard Schultz, Starbucks (SBUX) founder, has taken over as CEO. Reuters writes that Cisco (CSCO) will keep its current strategy, even in a recession. Reuters writes that Samsung is…
GM (GM) says that 75% of its sales will come from outside the US by 2017. “Overseas growth is an absolute necessity if GM is going to compete, not just with Toyota,…
In April 2006, Bill Ford, then CEO of the company which carries his name, say that Ford (F) would not file for bankruptcy. His comments were a reaction to credit agencies and…
Douglas A. McIntyre According to Reuters, Microsoft (MSFT) sold 4.3 million Xbox 360 video consoles in the last three months of the year, helped by its "Halo 3" game. Reuters writes that US auto sales…
If you have followed the US auto industry you will know about the trials and tribulations of the US auto brands, the US autos themselves, the workers, and the plants and cities…
Douglas A. McIntyre Ford’s (F) December sales totaled 212,094, down 9 percent compared with a year ago. Ford’s full-year 2007 sales totaled 2.57 million, down 12 percent compared with a year ago. More than two…
Douglas A. McIntyre Over the last year, shares in Toyota (TM) are down well over 20%. The fact that GM (GM) and Ford (F) have fallen makes sense. They are still losing market share in…
It is unusual to see this many 52-week lows in big cap stocks, but many of these are credit or oil-price related. US Air (LLC) down to $13.50. Northwest Air (NWA) down…
It looks like December will be another ghastly month for US car companies. Based on a survey of auto analysts by Bloomberg, units moved by the old "Big Three" could drop 7%…
According to Reuters, AT&T (T) may take a stake in Malaysia’s TM International Reuters writes that weak Wall St. bonuses may cut into some luxury spending. The Wall Street Journal reports that…
The final month of 2007 looks pretty bad for car sales, and going into next year, things could get worse. According to MSNBC "December sales are expected to fall around 4 percent,…
We didn’t include only retail names on the 52-week lows today, but it could have been easy to do. The retail scene just didn’t do too hot over Christmas and these are…
For the December 14 period, short interest in financial stocks sky-rocketed compared to figures on November 30. Shares sold short in Citigroup (C) grew 20 million to 104.9 million. Shares short in…
According to Reuters India’s Tata is about to close a deal to buy Jaguar and Rover from Ford (F). Reuters writes that the IMF says that the subprime mortgage problem will slow…
