2:30pm ET
Investing
Ford (F) May Soon Be No.4 Car Company In US
Nice guys finish last. Ford (F) is a fine example. After being the No.2 car company in the US fro decades, it will probably moving into the No. 4 spot behind Honda…
GM Coverage Page 212
1:18pm ET
Investing
July Car Sales Better Than Expected, Except At GM (GM)
GM’s (GM) poor earnings were matched by its July sales. US light vehicle deliveries dropped 26.1% to 233,340 units from a year ago. Total truck deliveries declining 35.4% to 129,849 units. The…
6:18am ET
Investing
GM (GM): The Death Of Hope As Market Share And Asia Slide
GM posted a massive net loss was $15.5 billion or $27.33 per share for the second quarter, including these charges and special items, compared with net income from continuing operations of $784…
Douglas A. McIntyre 2:50am ET
Media
Media Digest 8/1/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, GM (GM) is expected to post a huge loss. Reuters reports that oil company profits rose, but Exxon (XOM) missed its numbers. Reuters reported that stressed banks borrowed a…
10:42am ET
Cars and Drivers
Hummers and Hindu Cows? (GM, F, TTM)
If we told you General Motors (NYSE: GM) was having troubles and needs to trim bad brands (and more workers), you’d accuse us of working for for the government’s Department of Redundancy…
5:32am ET
Cars and Drivers
GM (GM) Turns From Downsizing To Panic
GM (GM) has developed the pattern of matching bad news with more bad news. Since the company does still have some bright spots, it may want to balance its public relations act.…
Douglas A. McIntyre 2:50am ET
Media
Media Digest 7/31/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, T Boone Pickens is seeking an "army" of business leaders and citizens to back alternative energy. Reuters reports that Starbucks (SBUX) posted if first loss as a public company…
4:33am ET
Cars and Drivers
Detroit Bites The Hand That Feeds It (GM)(F)
Chrysler is exiting the car leasing business and GM (GM) and Ford (F) have a foot out the door. All of those SUVs that come back off lease sit on dealer lots…
2:10am ET
Media
Media Digest 7/29/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Merrill Lynch (MER) said that it would sell $8.5 billion in stock and take large write-downs. Reuters report that KKR says the market slump is a good time to…
5:36am ET
Investing
Some Of America’s Most Prominent Companies Face Massive Dilution (SIRI) (AMR)(FRE)(C)(AMD)(FNM)(GM)(CHTR)
The national economy has gotten so bad, driven by high commodities prices and a credit crisis which cannot seem to find a bottom, that some of America’s most well-known companies will have…
7:02am ET
Cars and Drivers
Without China, GM (GM) Is Nothing
GM (GM) does well in China, but based on the company’s dire situation in North America, it is going to have to do a lot better in the world’s most populated country…
7:10pm ET
Investing
Short Sellers Trash Financials And Autos (FNM)(FRE)(YHOO)(JAVA)(JNPR)(NOK)(QCOM)(GM)(F)(ETFC)(WB)(BAC)(ABK)(LEH)(MBI)
Regulators may be trying to keep short sellers out of a few financial stocks, but that is not keeping large bets against most other stocks from rising. While some of the shorts…
2:43am ET
Media
Media Digest 7/24/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Amazon (AMZN) earnings beat Wall St. forecasts. Reuters reports that Ford (F) wil keep its small pick-up plant open for two years.
8:03am ET
Investing
Nine CEOs Who Will Go By The End Of The Year (CROX)(YHOO)(JAVA)(SIRI)(CBS)(VIA)(GM)(LEH)(Q)
Since 2006, 24/7 Wall St. has scrutinized public companies on a regular basis, focusing on those with poor management and has suggested which big company CEOs needed to be replaced. Hector Ruiz…
4:32am ET
Cars and Drivers
GM (GM) And Ford (F) Late In The Game, Rush To Save Themselves
Ford (F) and GM (GM) are each announcing new plans to save themselves from the earnings garbage bin and give their shareholders some needed hope. It is awfully late to get started.