ThinkstockJPMorgan has issued some very mixed analyst initiations this morning pertaining to the U.S. auto sector, which includes many of the key parts and systems providers in the group. Ford Motor Co.…
Updated throughout the day on the 24/7 Wall St. Wire: DirecTV (NASDAQ: DTV) has come close to a deal with Viacom (NASDAQ: VIA) about financial arrangements to carry the networks’ programs. (Bloomberg) General…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Wednesday. American Tower Corp. (NYSE: AMT): Cut to Neutral at Citigroup. Caterpillar Inc.…
Yahoo!’s (NASDAQ: YHOO) profits fall slightly. (Reuters) Intel’s (NASDAQ: INTC) forecast implies PC sales will be weak. (Reuters) The head of the holding company for British Air and Iberia says an AMR…
General Motors (NYSE: GM) warned that losses in Europe will be greater than expected in the second half, according to the Wall Street Journal. The news was easy to forecast. None of…
General Motors (NYSE: GM) warned that losses in Europe will be greater than expected in the second half, according to the Wall Street Journal. The news was easy to forecast. None of…
Yahoo! (NASDAQ: YHOO) appoints Google’s (NASDAQ: GOOG) Marissa Mayer as CEO. (Reuters) A Senate report says that HSBC (NYSE: HBC) handled Iran and drug cartel funds. (Reuters) Many investors do not like Google’s move…
GlaxoSmithKline (NYSE: GSK) will take over Human Genome Sciences (NASDAQ: HGSI)Â for $2.8 billion. (Reuters) A poll from the National Association for Business Economics shows few companies plan to hire new workers. (Reuters)…
Ford Motor Co. (NYSE: F) announced today that sales in its 19 traditional western European markets fell by -16.1% in June and by -10.3% for the first half of 2012. The drop…
Moody’s cuts Italy’s rating by two notches and indicates the cuts may not be finished. (Reuters) Treasury Secretary Geithner pressed UK regulators on Libor in 2008. (Reuters) A hack of Yahoo!’s (NASDAQ:…
Ford (NYSE: F) recently said its losses in Europe last quarter will be three times expectations. The recession that has spread across Europe is that bad. General Motors (NYSE: GM) will post…
U.S. car companies cannot rely on Europe for profits. As a matter of fact, poor demand has caused losses in the region for General Motors (NYSE: GM) and Ford (NYSE: F). In…
Italy may turn to the eurozone as it weighs options for its debt. (Reuters) AMR, still in Chapter 11, will consider mergers with other airlines, which could include US Airways (NYSE: LCC), JetBlue (NASDAQ:…
The US Trade Representative has taken its case challenging China’s imposition of an anti-dumping duty on US-made automobiles to the World Trade Organization (WTO). At stake is more than $3 billion in…
Updated throughout the day on the 24/7 Wall St. Wire GM (NYSE: GM) has begun negotiations with Facebook over being to advertise on the social network again (Reuters) Apple (NASDAQ: AAPL) will…
