The Congressional Oversight Panel is skeptical that the Treasury Department will ever recoup its investment in GM. The new report from the panels says: GM is furthest along in the process of…
AIG (NYSE: AIG) will meet banks to choose those that will handle the sale of the Treasury’s share in the company. (Reuters) With a split Congress it is less likely that there…
The market for Initial Public Offerings is booming. After seeing so many IPOs trade exponentially higher than expected in 2010, the market should continue to be strong in 2011. We have created…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
The G20 has begun work to lower chances of a food crisis (Reuters) China is likely to tighten again (Reuters) Oil stayed above $89 due to a shutdown of the Alaska pipeline…
China displaced the US in 2009 as the world’s largest car market, and the number of Chinese auto buyers went up in 2010. Chinese buyers purchased 13.6 million vehicles in 2009 and…
There has been an amazing feat in 2010. All of the most recent companies which have been booted out of the Dow Jones Industrial Average have outperformed their replacement stocks and the…
These are some of this Tuesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Amazon.com Inc. (NASDAQ: AMZN) Reiterated Buy and $190 price target at BofA/ML (late-Monday call).…
GM (NYSE: GM) has offered buyouts to 3,000 workers at 14 of its plants. Most of these employees have special skills beyond assembly work. Many are electricians and welders. The more seasoned…
The new tax package made it through the first stage of Congressional approval. (Reuters) The federal government began the process of setting higher capital requirements for US banks. (Reuters) China will have…
We have a different cast of characters in this weekend’s UNUSUAL SUSPECTS for the week ahead. Many bits of news and rumors are carrying over from last week into the coming week…
China’s November car sales hit a one-month record. Total cars and light vehicles shipped to dealers reached 1.34 million, up 29% from the same month last year. Sales for the first eleven…
At the annual United Nations sessions on climate issues in Cancun, US energy secretary Steven Chu predicted that electric vehicles powered by batteries will be able to compete more effectively with petroleum-burning…
GM (NYSE: GM) says the miles-per-gallon equivalent that its new Chevy Volt will get depends on how it is driven. The No.1 US car company says “The Volt is a complex vehicle…
Douglas A. McIntyre Reuters: SAP will pay Oracle (NASDAQ: ORCL) $1.3 billion for copyright infringement. Reuters: The FBI sent warnings to a number of more hedge funds. Reuters: The euro fell to two month lows…
