5:05am ET
Investing
The Bull Market About To Take A Rest (AAPL)(GS)(GM)
A great deal has been made about the Nasdaq going from being down 25% for the year to being up for 2009. The furious rally might continue, but it probably won’t. That…
GM Coverage Page 191
3:07am ET
Media
Media Digest 3/27/2009 Reuters, WSJ, NYTimes, FT, Bloomerg
According to Reuters, the Obama financial reforms face a bumpy road. Reuters reports that the NY State Attorney General has subpoenaed AIG (AIG) over its CDS contracts. Reuters reports that Obama’s financial…
4:41am ET
Cars and Drivers
Still No Road To Recovery In Detroit (F)(GM)
The Administration’s blue ribbon panel assigned the task of deciding what should happen to GM (GM) and Chrysler has, as would be expected, said that it wants to keep the two companies…
7:51pm ET
Cars and Drivers
Government Signals It Will Help GM (GM) And Chrysler: Now The Hard Part
According to The Wall Street Journal, the Administration’s auto task force will recommend that the government give GM (GM) and Chrysler billions of dollars in more bailout capital rather than have them…
Douglas A. McIntyre 8:09am ET
Investing
Short Data Shows How Bad Bank Investors Were Bloodied
Based on the rise in the short interest in banks at mid-month, it is clear how badly investors betting bank stocks would go down were mauled. As of March 15, shares short…
5:11am ET
Cars and Drivers
Some Hope For Ford (F) As Abu Dhabi Puts Cash In Daimler
Ford (F) is in the best financial health of The Big Three. Its position could improve more, at least temporarily, if its deals to cut debt and reset its contract with the…
4:03am ET
Cars and Drivers
The Recession Fighters’ Caravan Moves Back To Detroit
The team that plans to bring the economy out of the recession is a bit like a traveling circus. Once every few days, it stops on Wall St., the metaphor for all…
Douglas A. McIntyre 2:58am ET
Media
Media Digest 3/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the US will woo private capital to get buyers for bank toxic assets. Reuters reports that US shoppers are likely to remain frugal. Reuters reports that US car dealers…
6:50am ET
Investing
Top Analyst Upgrades & Downgrades (EXPE, F, JNJ, CTXS, DSX, EGLE, GM, JCI, HOT, URBN)
These are the top upgrades and downgrades from Wall Street analysts this Friday morning: Expedia (EXPE) Raised to Buy at Citigroup. Ford (F) Started as Buy at UBS. Johnson & Johnson (JNJ)…
3:51am ET
Investing
General Motors (GM) Checkmates Obama In Two Moves
The wooden but plucky CEO of GM (GM), Rick Wagoner, told the press that if his company is allowed to go into Chapter 11, it will end up being a simple liquidation.…
3:03am ET
Media
Media Digest 3/18/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, AIG (AIG) will have to pay taxpayers back for bonuses it paid out before it can get its next $30 billion in loans. Reuters reports that Coke (KO) is…
10:28am ET
Cars and Drivers
Car Companies Face Rapidly Deteriorating Dealer Financials (GM)(TM)(F)(HMC)
For over a year, analysts have said that one of the largest problems car companies face is dealers who go bankrupt. It is actually a double-edged sword. If under-performing franchises fold, it can…
4:46am ET
Cars and Drivers
GM (GM) Plans To Get Government Aid, Cut Car Prices, And Lose More Money
The Administration appears to be ready to give GM (GM) and Chrysler more money. According to The Detroit Free Press, the car companies are about to get further aid in the form of…
Douglas A. McIntyre 2:54am ET
Media
Media Digest 3/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Obama faces backlash due to AIG (AIG) compensation issues which could set bank his efforts to salvage the financial system. Reuters reports that Lehman will put two of its…
2:53am ET
Media
Media Digest 3/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, a price battle among goods makers is beginning. Reuters reports that payments to AIG (AIG) employees is causing rage among people already concerned about the bailout. Reuters reports that…