Media Digest (1/27/2012) Reuters, WSJ, NYT, FT, Bloomberg
Greece and its creditors are close to a deal on the nation’s debt swap. (Reuters) A judge rules that some of the Gulf spill costs to be covered by Transocean (NYSE: RIG) will…
Greece and its creditors are close to a deal on the nation’s debt swap. (Reuters) A judge rules that some of the Gulf spill costs to be covered by Transocean (NYSE: RIG) will…
Car sales in the US continue to defy economic gravity. After a 2011 in which sales rose sharply despite a shaky economy, Truecar says January sales will continue the trend. It is a sign…
Chinese consumers bought 18.5 million automobiles in 2011, and the top pick was a Buick Excelle made by General Motors Co. (NYSE: GM). Some 254,000 of the Excelle were sold last year…
The most successful car in history may be the Ford Model T. While other models may have sold more vehicles, Ford managed to sell nearly 17 million cars from 1908 to 1927…
For the first time in a long time, short sellers have increased their bets that the stock prices of most large companies and in most large sectors will fall. The NYSE and…
Japanese automaker Toyota Motor Corp. (NYSE: TM) has raised its 2012 annual global sales forecast to 8.58 million units, an increase of 100,000 from the company’s previous forecast. Toyota expects to sell…
Apple (NASDAQ: AAPL) has another blow-out quarter driven by iPhone sales. (Reuters) Japan has its first trade deficit since 1980. (Reuters) Yahoo! (NASDAQ: YHOO) posts weak earnings on a revenue drop. (Reuters)…
Americans are used to the U.S. being the leader, or a top-ranked nation, in many areas. But in a number of industries and businesses, the U.S. has lost that first place, usually…
Researchers at Toyota Motor Corp. (NYSE: TM) have been able to develop a new type of motor for the company’s hybrid cars that does not include the use of the expensive rare…
Research In Motion (NASDAQ: RIMM), one of the most troubled large tech companies in the world, replaced its two long-time CEOs. The move may do little to help the firm. It has…
Volkswagen came close to having bragging rights. Its global sales made it the second largest car and light truck manufacturer worldwide. That placed it ahead of Toyota (NYSE: TM) and behind General…
Google (NASDAQ: GOOG) shares stumbled after it released fourth-quarter earnings. Revenue rose 25%, but net income barely rose to $2.7 billion. The markets were puzzled about why Google now has 32,467 full-time workers,…
Google (NASDAQ: GOOG) misses earnings expectations, which pushes shares down as much as 10%. (Reuters) IKEA posts a profit and grows in most regions of the world. (Reuters) Greece and private creditors…
Just two years after emerging from bankruptcy protection and taking a $50 billion bailout package from the federal government, General Motors Co. (NYSE: GM) is once again leading the world in total…
Eastman Kodak (NYSE: EK) files for Chapter 11. (Reuters) Greece and its private lenders work toward a last-hour compromise on a debt exchange. (Reuters) BP (NYSE: BP) likely to set a $20…