According to Reuters, Qualcomm (QCOM) posted weaker that expected guidance and its shares fell sharply. Reuters writes that BHP Billiton’s (BHP) bid for Rio Tinto (RTP) is likely to start a bidding…
Ford (F) is supposed to be the weak sister of the Big Three. It does not have the financial backing of a hedge fund and friends the way that Chyrsler does with…
Douglas A. McIntyre According to Reuters, Morgan Stanley (MS) has suffered a $3.7 billion loss from its mortgage portfolio, Reuters writes that shares in Cisco (CSCO) were driven down on concerns that orders from the…
Below is the short interest for major companies traded on the NYSE and changes from October 15, 2007 to the most current date, October 31, 2007. Company …
Ford (F) will be putting over $13 billion into a fund which the UAW will use to pay health-care costs. That will take the liability for these expenses off Ford’s balance sheet…
According to Reuters, Google (GOOG) launched a new mobile phone initiative with a number of handset makers and cellular carriers. Reuters writes that an analysts covering the financial industry expects more write-dwons…
According to Reuters, Chuck Prince stepped down at CEO of Citigroup (C) and the bank indicated it may have to write off as much as another $11 billion. Reuters writes that shares…
The UAW negotiations with Ford (F) went fast. The template was already in place from the deals with GM (GM) and Chrysler. There will be a fund set up so that the…
According to the Detroit News, Ford (F) is close to having a final deal with the UAW. "Sources familiar with the situation told The Detroit News a deal could come today." Douglas…
Douglas A. McIntyre According to Reuters, Toyota (TM) and GM (GM) gained sales in October despite a weak US car market. Reuters writes that News Corp’s (NWS) MySpace joined the new Google (GOOG) association of…
Ford (F) had another bad month in November with US vehicle sales falling almost 10%. The double-digit monthly drops are now a bad habit. The company has also indicated that it is…
Ford (F) had another bad month for sales in its domestic vehicle operations. US units fell almost 10% to just over 195,000 total cars and light trucks. Wall St. thought the numbers…
Most analysts believe that October car sales will be down slightly from a year ago. While units sold by GM (GM) and Toyota (TM) are expected to be relatively flat, Ford (F)…
According to Reuters, a number of experts do not believe that a rate cut by the Fed will help the falling housing market. Reuters writes that Alcatel-Lucent (ALU) will cut another 4,000…
According to Reuters, Alan Greenspan say that the demand for subprime mortage securities is down. Reuters writes that the UAW is gearing up for tough talks with Ford (F). The Wall Street…
