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…
It is Ford’s (F) turn to talk with the UAW. Negotiations with the other two US car companies are over. But, Ford in negotiating from a position of hunger. Its sales have…
According to Reuters, Microsoft’s (MSFT) strong quarter and forecast sent shares up over 10%. Reuters writes that Oracle (ORCL) has turned down BEA Systems’ (BEAS) proposal that the company be sold at…
According to Reuters "ratification of the tentative labor contract between the United Auto Workers union and Chrysler LLC was thrown into jeopardy on Monday after workers at four of the eight assembly…
As the days pass and the UAW members vote on the union’s proposed deal with Chrysler, it appears that the agreement could be defeated. The Wall Street Journal writes that "workers at…
Following is the short interest in stocks of major companies traded on the NYSE. Figures are as of October 15 and compare to numbers on September 28, 2007. Most of the large…
