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…
The Federal Reserve signals it may ease monetary policy as early as next month. (Reuters) HSBC China PMI estimates hit a multimonth low at 47.8, down from 49.3 in July. (Reuters) Hewlett-Packard…
The rule proposed by the National Highway Transportation and Safety Administration (NHTSA) and the U.S. Environmental Protection Agency that would require automakers to achieve a miles-per-gallon average of 54.5 across their fleets…
Paul Ausick Updated throughout the day on the 24/7 Wall St. Wire: General Motors Co. (NYSE: GM) is close to a deal to cut worker hours at its German plants. (WSJ) Greece hopes that new…
Douglas A. McIntyre General Motors Co. (NYSE: GM) will recall more than 249,000 midsize sport utility vehicles to correct a potential fire hazard, according to the National Highway Traffic Safety Administration. In its filing with…
Trey Thoelcke Workers in the aerospace industry are concerned about potential military cuts at the end of this year. (Reuters) Best Buy Co. Inc. (NYSE: BBY) says that founder Richard Schulze turned down an…
Facebook Inc. (NASDAQ: FB) is testing an advertising service that allows companies to place more promotional messages in the News Feeds of users, even if those members or their friends have not…
