5:33am ET
Investing
The UAW Taunts Detroit
The idea that the UAW was going to give up the ghost and concede pension and benefits issues to the Big Three to help them with their turnarounds probably had a short…
F Coverage Page 237
6:41am ET
Investing
Pre-Market Analyst Calls (July 10, 2007)
ACAD started as Outperform at FBR.ALC started as Outperform at RBC.ARUN started as Buy at Jefferies.ATVI started as Buy at First Albany.AZ raised to Buy at UBS.CHA cut to Hold at Deutsche…
3:09am ET
Investing
Media Digest 7/10/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the CME (CME) purchase of the CBOT (CBOT) was approved by shareholders. Reuters writes that BHP Billiton (BHP) is looking for a partner to make a bid for Alcoa…
4:35pm ET
Investing
Chinese Car Market Gets Crowded
Nissan wants to sell 300,000 cars in China this year. During 2006, the company moved 220,000 units. The Japanese company is even beginning to market its luxury Inifiniti line to the upper…
12:18pm ET
Investing
UAW Comments On A Ford (F) Bankruptcy
The UAW officer who heads negotiations with The Ford Motor Company (F) told other members of the union that the automaker could not weather a strike. He added that if the company’s…
7:06am ET
Investing
Ford (F) To Get Bag Of Coal For Jaguar And Range Rover
Late word from the Londay Daily Telegraph is that Ford (F) is seeking about $6 billion for its Jaguar and Range Rover units. But, buyers who have looked at the financial statements…
Douglas A. McIntyre 6:22am ET
Investing
Media Digest 7/4/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Blackstone (BX) bought Hilton Hotels (HLT) for $20 billion plus debt. Reuters writes that private equity firm Apollo offered $6 billion for Huntsman. Reuters reports that car sales in…
6:21am ET
Investing
Media Digest 7/4/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Blackstone (BX) bought Hilton Hotels (HLT) for $20 billion plus debt. Reuters writes that private equity firm Apollo offered $6 billion for Huntsman. Reuters reports that car sales in…
1:50pm ET
Investing
GM’s (GM) Armageddon
Not enough lip stick for this pig. GM’s (GM) June sales dropped 21%. The company has no excuses, since its sales of low margin vehicle to rental car fleets were down 22%.…
4:26am ET
Investing
Countries Vie For Biggest Buy-Out Title
Over the last two days, BCE (BCE) the largest phone company in Canada, was purchased by the investment arm of Ontario Teachers’ Pension Plan and several private equity firms. The price was…
5:48am ET
Investing
$70 Oil: Who Gets Hurt
With oil hanging around $70, and gas likely to move above $3 for all of the summer, it bears looking at who gets hurt: Airlines: It looked like they might get something…
9:33am ET
Investing
How GM’s (GM) Stock Doubled
Consider this. Since late December 2005, GM’s (GM) stock has doubled to about $38. With all of the excitement about the sale of Chrysler, Daimler’s (DCX) stock is up 80%. Ford (F)…
7:17am ET
Investing
Pre-Market Stock News (June 28, 2007)
(AAPL) Apple’s iPhone launches tomorrow.(ABPI) Accentia Biopharma announced favorable interim blinded data on SinuNase in its fast-tracked pivotal Phase III clinical trial.(ALVR) Alvarion in pact with Australian government over a WiMAX contract…
5:04am ET
Investing
Ford (F) And GM (GM): More Slow Sales?
Ford (F) is offering zero percent financing on a number of its 2007 cars and light trucks. So is GM (GM). Not exactly a move from a position of strength. Since this…
12:23pm ET
Investing
Short Sellers Attack Restructure & Re-Org Stocks (June 2007)
Stock Tickers: TYC, MS, F, CY, SPWR, TRB, KFT, MO, HB, ASD, EMC, DJ, AA, WY It is always interesting to see how short sellers treat shares of stocks that are undergoing…