How Does A Market Move Up 400 Points On Bad News?
Rally caps were out in force yesterday with the Dow moving up almost 400 points. How and why it did that in a day of predominantly bad news is hard to fathom.…
Rally caps were out in force yesterday with the Dow moving up almost 400 points. How and why it did that in a day of predominantly bad news is hard to fathom.…
According to Reuters, Lehman (LEH) raised $4 billion. Reuters writes that US factory orders probably fell in February. Reuters reports that the Fed approved the JPMorgan (JPM) purchase of Bear Stearns (BSC)…
New research out reveals that GM (NYSE:GM) has made a sharp and powerful turn to the internet for marketing. A new comScore survey shows that in January, GM delivered nearly 1.7 billion…
The short interest in most large stocks traded on the NYSE increased as measured on March 14. The figures compare to February 29. Car stocks were hit especially hard. Shares short in…
No matter how much Detroit would like to change the math, the total always adds to 100%. Over the course of the last week, management from GM (NYSE:GM), Ford (NYSE:F), and Chrysler…
When the most powerful company in an industry says it won’t makes it numbers, the ripples are bound to look like storm-driven waves. Toyota (TM), for so long certain that it would…
GM (NYSE: GM) and Ford (NYSE: F) already trade near 52-week lows because of high gas costs and the rising prices of commodities for components used in cars. Now, JP Power is…
Those rummaging through the garbage of 52-week low lists are usually bottom-fishing investors or desperate CEOs. But, the list is so broad that it has become a tableau of the market as…
One thing is very clear now. The plans for GM (NYSE: GM) and Ford (NYSE: F) to make money in North American in 2009 are dead as a door nail. Both stocks…
Virgin Mobile (NYSE VM) Quaterly loss takes shares down. Falls to $1.90 from 52-week high of $15.69. Bear Stearns (NYSE: BSC) Market still believes that company has severe balance sheet problems. Sells…
The wheels finally came off in Detroit. GM (NYSE: GM) is down 8% to $19.13, a new 52-week low. The stock bounced around that level in late 2005 and early 2006 when…
Ford (NYSE: F) is trading near its 52-week low at $5.75. GM (NYSE: GM) came within a dime of its nadir today, trading at $21.43. These figures are not very different from…
Bold words. VW says that by 2010 it can produce 10 million vehicles and pass Toyota (NYSE: TM) and GM (NYSE: GM) as the world’s largest car company. According to the Times…
GM (NYSE: GM) would rather not put money into its former parts operations which is now a separate company and in Chapter 11. Because of tight credit markets, the large auto company…
According to Bloomberg, GM (NYSE: GM) has a 113 day supply of trucks. That is well above the 60 days that most industry analysts believe is ideal. Strikes have closed some companies…