According to Reuters, the CME (CME) purchase of the CBOT (CBOT) was approved by shareholders. Reuters writes that BHP Billiton (BHP) is looking for a partner to make a bid for Alcoa…
After seeing its June sales in the US fall 21% and its marketshare here fall to an all-time low, GM (GM) picked up some sales in Europe. GM’s Europe sales in June…
Douglas A. McIntyre Nissan wants to sell 300,000 cars in China this year. During 2006, the company moved 220,000 units. The Japanese company is even beginning to market its luxury Inifiniti line to the upper…
Edmunds writes that GM’s (GM) North American market share in the most recent month dropped to 22.1%. In 2002, during the same month, the number was 30.2%. The latest number is a…
Stock Tickers: CME, BOT, DFS, RIMM, AAPL, AA, RTP, AL, AMD, MOT, ALU, MPEL, GM, TM, BIDU, INTC, DELL, MSFT If the CME (CME) and CBOT (BOT) doesn’t get approved next week,…
The UAW officer who heads negotiations with The Ford Motor Company (F) told other members of the union that the automaker could not weather a strike. He added that if the company’s…
According to Reuters, Blackstone (BX) bought Hilton Hotels (HLT) for $20 billion plus debt. Reuters writes that private equity firm Apollo offered $6 billion for Huntsman. Reuters reports that car sales in…
According to Reuters, Blackstone (BX) bought Hilton Hotels (HLT) for $20 billion plus debt. Reuters writes that private equity firm Apollo offered $6 billion for Huntsman. Reuters reports that car sales in…
Not enough lip stick for this pig. GM’s (GM) June sales dropped 21%. The company has no excuses, since its sales of low margin vehicle to rental car fleets were down 22%.…
GM’s (GM) stock has doubled in 18 months to over $38. There are ample reasons. A settlement of the UAW’s fight with GM parts supplier Delphi fixes the amount of the large…
Douglas A. McIntyre According to Reuters, SAP (SAP) admitted that one of its divisions has inappropriately downloaded documents from rival Oracle (ORCL), but said the parent company never had access to them. Larry Ellison’s company,…
According to Reuters, the Apple (AAPL) iPhone will hit stores today giving the mobile industry a jolt. Reuters writes that GM (GM) has sold its Allison Transmission business for $5.6 billion. Reuters…
Consider this. Since late December 2005, GM’s (GM) stock has doubled to about $38. With all of the excitement about the sale of Chrysler, Daimler’s (DCX) stock is up 80%. Ford (F)…
Ford (F) is offering zero percent financing on a number of its 2007 cars and light trucks. So is GM (GM). Not exactly a move from a position of strength. Since this…
Stock Tickers: ABI, BBSI, BMY, CAP, CLUB, CVX, FCBP, GM, IPG, OMC, MIG, PER, PIR, SKH, SMSI, TRLG ABI raised to Outperform at Baird.BBSI raised to Strong Buy at JMP Securities.BMY raised…
