GM (GM) announced net income of $891 million, or $1.56 per diluted share, for the second quarter of 2007, an improvement of $4.3 billion compared with a reported net loss of $3.4…
Douglas A. McIntyre According to Reuters, a groups lead by an internet entrepreneur is still pressing it case to buy Dow Jones (DJ). Reuters writes that Alcatel-Lucent”s (ALU) loss for Q2 was greater than expected.…
The UAW negotiations with GM (GM), Ford (F), and Chrysler (DCX) has awakened a sleeping dog. Why isn’t Toyota unionized in the US? The media is filled with data on how much…
In the movie "Trading Places" a wealthy stock broker and a bum trade places. After underperforming GM’s (GM) stock since May 2006, Ford (F) shares have tracked its larger rival so far…
MONDAY, JULY 30, 2007ABN AMRO (ABN)Anadarko Petroleum Corp. (APC)Archer Daniels Midland (ADM)Cameco (CCJ)FPL Group (FPL)HSBC Holdings (HBC)Humana (HUM)Monster Worldwide (MNST)Overstock.com (OSTK)RadioShack Corp. (RSH)Simon Property (SPG)Statoil (STO)Sun Microsystems (SUNW)Principal Financial Group (PFG)Tyson Foods…
According to Reuters, Amazon’s (AMZN) sales and earnings rose and the stock was up almost 20% after hours. Reuters writes that the CEO of XM Satellite (XMSR) will step down next month.…
The UAW wants observers of its negotiations with the Big Three to understand that it will not just roll over and die. Fair enough. The union has a strike fund of $900…
Douglas A. McIntyre According to Reuters, Dow Jones (DJ) controlling Bancroft family met to discuss Rupert Murdoch’s bid for the company and should vote later this week. Reuters writes that revenue and income fell at…
GM (GM) may not be doing well in the US, but overseas is a different matter. While the big US car company sold slightly few units in Q2 than rival Toyota (TM),…
According to Reuters, Bernanke believes that subprime losses could hit $100 billion. Reuters writes that GM (GM) closed the gap between itself and Toyota (TM) for total unit sales in Q2. Reuters…
GM (GM) has bought 50% of diesel engine company VM Motori. Newer clean diesel engines are being viewed as an alternative to hybrid models for delivering fuel-efficient cars and trucks. With the…
Several media have suggested that the reason that Ford (F) wants to sell its Jaguar and Rover businesses is not simply to streamline the company and off-load underperforming divisions. The company may…
The domestic auto industry’s promised land seems to be China and India. Neither country has a huge, mature manufacturing industry of its own. There are hundreds of millions of people, and very…
The idea that the UAW was going to give up the ghost and concede pension and benefits issues to the Big Three to help them with their turnarounds probably had a short…
ACAD started as Outperform at FBR.ALC started as Outperform at RBC.ARUN started as Buy at Jefferies.ATVI started as Buy at First Albany.AZ raised to Buy at UBS.CHA cut to Hold at Deutsche…
