5:54am ET
Cars and Drivers
Can The Economy Recover Without Detroit?
Detroit is now viewed as a metaphor for the car industry in the US, even if GM (GM) and Ford (F) are the only public companies based there. For purposes of domestic…
GM Coverage Page 216
2:52am ET
Media
Media Digest 5/1/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, bank analysts are concerned that Citigroup’s (C) decision to raise money signals more trouble ahead for banks. Reuters reports that Starbucks (SBUX) will sharply cut the number of stories…
6:22am ET
Investing
GM (GM) Knocks One Out
GM (GM) revised its outlook for US car sales in 2008 down to 15 million. But, results moved the shares up 5%. GM revenue dropped less than 1% to $42.7 billion. Auto…
Douglas A. McIntyre 2:51am ET
Investing
Media Digest 4/30/2008 Reuters, WSJ, NYTime, FT, Bloomberg
According to Reuters, the Fed will probably cut rates and them pause for some time Reuters writes that senior financiers see the current economic situation as a recession on Main Street and …
4:51am ET
Cars and Drivers
Detroit: What Good News? (F)(GM)
Ford’s stock has gone through a series of spasms the last few days. First the company said it has made $100 million. Almost no one expected that and the stock rose sharply.…
2:40am ET
Media
Media Digest 4/29/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Cadbury is looking at buying Hershey. Reuters writes that banks being sued by Clear Channel (CCU) have asked for a delay of a Texas trial. Reuters reports that share…
11:25am ET
Investing
China Gas Price Game Starts To Show Cracks (PTR)(SNP)(GM)(XOM)(TM)
The shell game of controlling gas and diesel prices in China is not terribly clever, but it has worked. The government and the oil & refinery companies which it controls buy crude…
9:33am ET
Cars and Drivers
Used Cars Pile Up Undermining Ford (F) And GM (GM)
The tendency among buyers of auto stocks is to look at falling expenses at the big firms like GM (GM) and Ford (F) and to hope that unit sales in the US…
2:37am ET
Investing
Media Digest 4/23/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
Acording to Reuters profits at Apple (AAPL) rose but Wall St. did not like margins. Reuters reports that Starbucks (SBUX) cut its outlook due to the housing crisis. Reuters writes that Amazon’s…
4:36am ET
Investing
NYSE Shorts Move Out Of Big Banks And Into Autos And Airlines: Looking For Chapter 11?
The mid-month reports on short interest in NYSE shares showed that many short sellers moved out of big financial stocks but made large bets against airlines and auto companies. With the prices…
6:53am ET
Investing
Top 10 Pre-Market Analyst Calls (ADS, COF, CTL, CSCO, CYMI, F, GM, BEN, GPS, GOOG, MKSI, TXT)
These are not all of the analyst calls affecting shares, but these are the initial calls we are focusing on early this Friday morning: Alliance Data Systems (NYSE: ADS) Raised to Buy…
6:08am ET
Cars and Drivers
GM (GM) And Toyota (TM): 662,000 Recalls
GM (NYSE: GM) and Toyota (NYSE: TM) are, between the two of them, recalling 662,000 cars in the US, a market where only 15 million vehicles will be sold this year. Most…
3:03am ET
Media
Media Digest 4/10/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Yahoo! (YHOO) is seeking a merger with Time Warner’s (TWX) AOL which Microsoft (MSFT) and News Corp (NWS) at a joint bid for the No.2 search company. Reuters writes…
5:25am ET
Cars and Drivers
Detroit’s Newest Lifeboat: Exporting Cars From The US
The Big Three reason that if they cannot sell enough cars in the US, they can make them here and send them overseas. There new agreement with the UAW and a weak…
3:59pm ET
Cars and Drivers
Why No One Wants Delphi?
When Appaloosa Management pulled out a $2.55 billion equity deal to support Delphi in its exit from Chapter 11 the reason given was that an increasing investment by GM (GM) would give…
Douglas A. McIntyre