November car sales are expected to be strong, which would continue a string of good months for the industry, despite a rough economy Research firm Truecar reports that The November 2011 forecast…
It takes little bad news to ruin a new product’s launch, particularly if the product is revolutionary enough to be strange to the public. According to the National Highway Traffic Safety Administration,…
China’s factory activity reaches a 32-month low. (Reuters) Merck (NYSE: MRK) pays $950 million to settle Vioxx charges brought by the government. (Reuters) FCC head wants more examination of the AT&T (NYSE:…
The Obama administration has begun to push the car industry to double the average MPG each company’s fleet gets by 2025. That would push the number to 54.5 MPG, a figure unimaginable…
BMW said its expects double-digit percentage growth in the U.S. in 2012. And Cadillac says it will launch two new models to compete with BMW next year. Both brands have had sales…
Facebook hit by a bug that put porn and graphic violence images onto many pages. (Reuters) Apple (NASDAQ: AAPL) names Walt Disney (NYSE: DIS) CEO Robert Iger to its board. (Reuters) Dell…
Italy and Greece begin efforts to prove that their sovereign debt is safe. (Reuters) Groupon (NASDAQ: GRPN) will make a major holiday effort to drive extra revenue. (Reuters) Appetite for Olympus shares…
The recession and high gas prices have been major forces shaping Americans lives in the past several years. When it comes to the auto market they had a profound impact on our…
Pre-market signals were weak today, and once trading opened, the signals got stronger. The DJIA has traded down more than -200 points for most of the day, with financial and energy stocks…
About three weeks ago, we looked at target prices and implied share price gains in a number of auto sector stocks. The quarterly earnings season had just begun, and hopes were pretty…
NYT: G.M. Profit Falls on Rising Costs http://nyti.ms/s8Io25 Reuters: Macy’s posts higher net, raises full-year outlook http://reut.rs/szLlTP Zerohedge: Worldwide Markets Collapse Following Italian Bond Margin Hike http://tinyurl.com/bouy2o4 BBC: Adobe job cuts cloud…
Greece will announce its new government today. (Reuters) Inflation in China drops in October. (Reuters) Olympus investment losses may have gone above $1 billion. (Reuters) Silvio Berlusconi leaves as prime minister of…
General Motors (NYSE: GM) management says it will double sales in China by 2015, according to several media reports. GM executives should know better. It would be better to underpromise and overdeliver,…
The Greek democracy is over 3,000 years old, and it may take another 3,000 for the nation to sort out its national debt problems. Prime Minister George Papandreou was able to withstand…
Douglas A. McIntyre Earnings season has peaked, but we still have many key earnings reports and economic events coming in the week ahead. 24/7 Wall St. has featured a calendar with events scheduled all-week on…
