Following the lead of Chrysler, which reported a year-over-year gain of 14% in August sales, Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) both posted impressive U.S. sales gains…
U.S. sales in August topped 148,000 units at Chrysler, the company’s highest total in five years, the carmaker reported today. Sales of the company’s light trucks came in at more than 25,000,…
Hyundai has just settled a long and bitter strike with its auto workers. Lufthansa cabin crews have just disrupted its flight schedule. Talks between AMR’s American Airlines and pilots might scuttle “merger” talks with US Airways Group…
Douglas A. McIntyre Samsung will review 250 suppliers for labor violations. (Reuters) Oracle Corp. (NASDAQ: ORCL) will ask a court to review copyright damages against SAP A.G. (NYSE: SAP). (Reuters) Ericsson (NASDAQ: ERIC) is likely…
Moody’s cuts its growth forecast for emerging economies. (MarketWatch) Antony Jenkins, who runs Barclays PLC’s (NYSE: BCS) retail business, is made chief executive. (Reuters) Samsung launches new Microsoft Corp. (NASDAQ: MSFT) Windows-based…
In 2011, new car and light truck sales in the U.S. came in at about 13 million units sold. According to TrueCar.com, forecast sales for August put new light vehicle sales at…
China’s official PMI hits a nine-month low in August. (Reuters) WellPoint Inc. (NYSE: WLP) CEO Braly steps down. (Reuters) General Motors Co. (NYSE: GM) to invest $1 billion in Russia within five…
General Motors Co. (NYSE: GM), which has a recent history of executives who put their feet into their mouths, managed to have that happen again. The world’s largest car company believes it…
Douglas A. McIntyre Shares of Caesars Entertainment Corporation (NASADAQ: CZR) fell 6.15% to close at $7.32 on trading volume of 595,000 shares. Standard & Poor’s has downgraded the company’s rating from stable to negative, but reaffirmed its B-…
Jon OggThese are the top analyst calls of upgrades, downgrades, and initiations we have seen from Wall St. research calls this Tuesday morning. AK Steel Holding Corp. (NYSE: AKS) cut to Sell…
General Motors Co.’s (NYSE: GM) reaction to a report that it would idle production of the troubled Chevy Volt was: “We don’t comment on production schedules. We continue to match supply and…
Apple Inc. (NASDAQ: AAPL) pushes for a ban on eight Samsung phones. (Reuters) Best Buy Co. Inc. (NYSE: BBY) will allow former chairman Richard Schulze to review its books with an eye…
As a challenge to wisdom that the economy has slowed to a halt, U.S. car sales are expected to reach a four-and-a-half year high when August numbers are released. According to J.D. Power,…
A South Korean court awards patent victories to both Apple Inc. (NASDAQ: AAPL) and Samsung in a patent dispute. The judges add that Samsung did not violate key iPhone design property. (Reuters)…
The Opel division of General Motors Co. (NYSE: GM) has been unprofitable for so long that the U.S. automaker has more than once considered shutting the operations down. Today, however, Opel lives…
