According to Retuers, Alan Greenspan says that housing price will fall much further due to oversupply. Reuters writes that the UAW and GM (GM) will begin bagaining again on Friday. Reuters reports…
According to several media reports, the UAW has walked away from a GM (GM) proposal to put money into a health care fund covering employees and managed by the union. GM wanted…
Douglas A. McIntyre According to Reuters, Nasdaq (NDAQ) and Borse Dubai will team up and buy the Swedish OMX. Reuters writes that Sony (SNE) will delay the launch of its Home online community of PS3,…
Now that it appears that there is a good chance that the UAW will accept a transfer of funds used to cover healthcare from the Big Three to the union. the real…
Douglas A. McIntyre GM (GM) suffered an analyst downgrade today. Goldman Sachs moved the shares from "buy" to "neutral". In a way, it is a surprise that it did not happen sooner. On September 10,…
CAM cut to Mkt Perform at Wachovia.CYPB started as Buy at Citigroup.DMAN started as Outperform at Credit Suisse.ENB raised to Outperform at CIBC.ERTS started as Buy at Goldman Sachs.ETFC cut to Neutral…
According to Reuters, GM (GM) and the UAW have broken off talks and will resume them late Monday. Reuters writes that Nokia (NOK) said on Monday it had agreed to buy privately…
According to Bloomberg, "United Auto Workers President Ron Gettelfinger picked General Motors Corp. (GM) as the union’s strike target after arguing with the automaker’s North American head over funding for a proposed…
According to Reuters, Intel (INTC) received antitrust charges from a branch of the South Korean government. Reuters writes that Campbell (CPB) is seeking over $1 billion for its Godiva chocolate business. Reuters…
The current stage of the UAW talks with the Big Three must be based on the assumption by the car companies and union that the rank and file works are boobs and…
BMW is suing Chinese car maker Shuanghuan Automobile for producing an SUV called the CEO, which the Germany company says is a copy of its X5. And, that may not be the…
GM (GM) and its Detroit peers have been pushing the UAW to consider establishing a fund to handle the health care costs of its members. The car companies would contribute as much…
According to Reuters, oil prices jumped to $78 on news the pipelines in Mexico had been blown up. Reuters writes that AIG (AIG) is targeting 10% of the wealth management business in…
The Chinese car market, like many things in the world’s most populated country, does not cease to astonish. China has passed Japan as the No. 2 vehicle market in the world, and…
It would be nice to think that hiring one person could help Chrysler build its business overseas where it has very little market share. The company did pick-up GM’s (GM) former head…
