General Motors (NYSE: GM) has been in the news this week for two reasons. One is presidential candidate Mitt Romney’s views about whether the government should have bailed out the car maker.…
Moody’s may cut Morgan Stanley (NYSE: MS) and UBS (NYSE: UBS) as the global euro crisis spreads. (Reuters) Officials in Japan arrest former Olympus executives. (Reuters) Congress reaches a deal on payroll tax…
Thursday is a fairly busy day for earnings expectations. We are expecting the following reports: Advance Auto Parts Inc. (NYSE: AAP); Apache Corporation (NYSE: APA); Applied Materials Inc. (NASDAQ: AMAT); Baidu Inc.…
General Motors Co. (NYSE: GM) is making changes to salaries, bonuses, and pensions for its non-union, salaried employees. The wage and bonus freezes will apply to all 29,000 of the company’s salaried…
Paul Ausick One reason investors like to own General Motors (NYSE: GM) stock is that that company is the leading car manufacturer in China, when its local partners’ sales results are added to its own.…
Nissan and Toyota (NYSE: TM), two of Japan’s largest car companies, reported better than expected quarterly earnings and posted solid forecasts. Europe-based Opel, part of General Motors (NYSE: GM), continues to struggle…
The Greeks try to get a financial aid package while some regional leaders say the eurozone does not need the southern European nation. (Reuters) A House committee pushes through plans for a…
Nissan was the latest of the large Japanese car companies to post positive earnings results and strong forecasts for the balance of the year. The news follows Toyota’s which included a forecast that…
GM says that its European operation Opel has lost $18 billion since 1999. This, in the minds of many investors, undermines the profits that GM makes in large markets–particularly the US and…
Douglas A. McIntyre Greece continues to demonstrate that it can teeter almost indefinitely between austerity and the grant of aid packages without a short-term resolution to its sovereign debt crisis. The latest development is that the ruling coalition…
It is rare for one of America’s largest companies to lose a third or more of its sales in a brief time. When it happens, it is usually either because of market…
At about the same time that General Motors (NYSE: GM) ran five ads during the Super Bowl, its management said the world’s largest car company has targeted profits of $10 billion a year for…
Time has finally run out for Greece. The European Union, European Central Bank and International Monetary Fund have said they are tired of waiting to see if Greece can cut is budget again.…
General Motors (NYSE: GM) will target a 10% profit margin over the next several years. (Reuters) Glencore offers an 8% deal to close a buyout of Xstrata. (Reuters) HTC has trouble demonstrating that…
Perhaps it is the fact that all of its plants are back online after the March Japan earthquake, or that US car sales in general are so robust. Toyota (NYSE: TM) forecast…
