Most analysts believe that October car sales will be down slightly from a year ago. While units sold by GM (GM) and Toyota (TM) are expected to be relatively flat, Ford (F)…
Now that GM (GM) has its UAW deal in hand, it is hinting that getting its North American business back in shape still may take several years. "It has a chance to…
Douglas A. McIntyre It is Ford’s (F) turn to talk with the UAW. Negotiations with the other two US car companies are over. But, Ford in negotiating from a position of hunger. Its sales have…
According to Reuters "ratification of the tentative labor contract between the United Auto Workers union and Chrysler LLC was thrown into jeopardy on Monday after workers at four of the eight assembly…
Toyota (TM) recently had to recall several hundred thousand cars in it native Japan. It lost its top sport in the Consumer Reports reliability survey. Its shares trade near a 52-week low.…
According to Reuters, Halliburton (HAL) increased its third quarter profit by 19%. Reuters writes that Wal-Mart (WMT) will buy the part of its Japanese operations that it does not own for $350…
As the days pass and the UAW members vote on the union’s proposed deal with Chrysler, it appears that the agreement could be defeated. The Wall Street Journal writes that "workers at…
Following is the short interest in stocks of major companies traded on the NYSE. Figures are as of October 15 and compare to numbers on September 28, 2007. Most of the large…
Astoday is the 20th anniversary of the 1987 stock market crash, 24/7 WallSt. wanted to go back in time to review how the individual DJIAcomponents held up around the time and how…
According to Reuters, Google’s (GOOG) quarterly profit rose 46%. Reuters writes that Warren Buffett has sold his entire stake in PetroChina (PTR) Reuters writes that Microsoft (MSFT) says that its may make…
Recently, the signs on the road have looked bad for Toyota (TM). The last Consumer Reports survey of vehicle reliability dropped the biggest Japanese car company to third place after it had…
24/7 Wall St. wrote earlier that Toyota (TM) is trading near its 52-week low. Given the relative success of the big car company compared to rivals like GM (GM), the stock price…
It really does not make any sense. The world’s largest and most profitable car company should not be at a 52-week low. But, it is. Yesterday, Toyota (TM) dropped to $107.68 on…
According to Reuters, China CITIC Bank is bidding to buy a stake in Bear Stearns (BSC) Reuters reports that the National Retail Federation’s survey of its members shows retail sales are expected…
"AT&T Inc.(T), the biggest U.S. phone company, and No. 2 Verizon Communications Inc. (VZ) may follow General Motors Corp. (GM) in trying to shift retiree health-care liabilities to a union-run fund, a…