1:07pm ET
Investing
Companies Not On SEC Short Sale Ban, But Should Be
Frankly, we think the ban on short sales is not the right way to run a free market. But it doesn’t matter what we think. These are the new rules, but they…
GM Coverage Page 209
11:49am ET
Cars and Drivers
Autos Next In Government Handouts? (GM, F)
If you look at the auto stocks today, you might deduce that they are next in line for the government corporate bread lines and farm camp jobs. Ford Motor Co. (NYSE:…
2:53am ET
Media
Media Digest 9/18/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Citigroup (C) is considering buying Washington Mutual (WM). Reuters reports that US markets rallied on word of a potential plan for the government to take over the toxic assets…
11:41am ET
Cars and Drivers
S&P Slams GM Hard (GM)
As if the US auto industry wasn’t already under fire enough, today we have yet another ratings action. The good news is that this is on the stock rather than the debt…
Douglas A. McIntyre 5:07am ET
Cars and Drivers
Porsche Takes Over VW, May Invade US (GM)(F)
After years of speculation, Porsche has become the controlling shareholder in VW. The news seems counterintuitive because VW is by far the larger company, but Porsche’s ownership dates back years to when…
2:55am ET
Media
Media Digest 9/17/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the federal government bailed out AIG (AIG) The Fed will loan the insurance company $85 billion for two years in exchange for a 79.9% stake. Reuters says that Barclays…
7:20pm ET
Investing
As Financial Markets Collapse, Small Business Faces Funding Challenges
The collapse of the stock market, particularly shares in large financial companies, will have immediate effects on small businesses. Now that it is clear the the government will not help large brokers…
2:27am ET
Media
Media Digest 9/15/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Lehman (LEH) will seek Chapter 11 protection. Reuters reports that Bank of America (BAC) will buy Merrill Lynch (MER) for $50 billion. Reuters reports that AIG (AIG) is facing…
5:24am ET
Cars and Drivers
Emerging Markets Help Ford (F) And GM (GM) Get Their Loans
The premise for Detroit going to Washington for $50 billion in loan guarantees is that the auto industry needs cheap money to retool factories that can build more fuel-efficient cars. US buyers…
2:48am ET
Investing
Media Digest 9/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, debt of Washington Mutual (WM) was cut to junk on a forecast of a $4.5 billion loss reserve. Reuters says that concerns about Lehman (LEH) spread to Merrill Lynch…
2:54am ET
Media
Media Digest 9/11/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Washington Mutual (WM) fell 30% to a 17-year low. Reuters reports that billionaire Carlos Slim has bought 6% of The New York Times (NYT). Reuters writes that Northrop Grumman…
5:25am ET
Cars and Drivers
As Chinese Slow Car Buying, Detroit Can Panic (GM)(F)(WMT)(DELL)
Since almost no one in the US or Europe is buying cars, auto companies have been looking to China for salvation. That does not put them in a different class from other…
7:47pm ET
Investing
The Justice Department: Google (GOOG) Looks Like Microsoft (MSFT)
The Association of National Advertisers has already indicated to the Justice Department that it is bitter about the planned link-up which would allow Google (GOOG) to sell part of Yahoo!’s (YHOO) search…
4:45am ET
Technology
Thwarting The Google (GOOG) Deal With Yahoo! (YHOO)
The Association of National Advertisers, which includes big marketers like GM (GM), Procter & Gamble (PG), and Wal-Mart (WMT), argues that Google (GOOG) should not be allowed to sell advertising for Yahoo!…
7:37am ET
Cars and Drivers
Ford (F) Tries To Play Small Ball (TM)(GM)(HMC)
Ford (F) wants investors to think that there is profit in small cars. Since there is no money in SUVs and pick-ups, that is the company’s only option. Gas prices are probably…