The three major U.S. stock indexes opened lower this morning as banks and bond markets were closed in the U.S. The World Bank cut its forecast for Chinese economic growth in 2012…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. Today’s calls are light perhaps due to the Columbus Day holiday. Alcatel-Lucent…
The Nikkei newspaper reports that Japan’s big three car makers have cut production for China by half as the two countries remain at odds over ownership of a few small islands. Toyota Motor Corp. (NYSE: TM), Honda…
A Single Eurozone Budget A consensus has begun to emerge that there be one budget for the entire eurozone. The region’s finance ministers will meet shortly. However, it is difficult to imagine…
The World Bank cuts forecasts for East Asian gross domestic product and warns on China’s growth. (Reuters) BAE’s largest shareholder disapproves of a merger with EADS. (Reuters) The idea of a single…
Once again, Coca-Cola was ranked the most valuable brand in the world, according to Interbrand, one of the nation’s top global brands experts. Apple, to the surprise of none, was very close…
In among the September car and light truck successes of Chrysler, Honda Motor Co. Ltd. (NYSE: HMC) and Toyota Motor Corp. (NYSE: TM), and the disappointing results of General Motors Co. (NYSE:…
The board of Xstrata approves a merger with Glencore. (Reuters) A U.S. appeals court says a lower court should reexamine a ban of the Samsung Galaxy Tab 10.1, which was part of a patent win…
This week, electric car maker Tesla Motors cut its revenue forecast and announced it would be selling 5 million shares of stock to raise capital. Some are beginning to question the long-term…
In 2011, new car and light truck sales in the United States came in at about 13 million units sold. According to TrueCar.com, forecast sales for September put new light vehicle sales…
Admitting that it had overestimated both the market for all-electric vehicles (EVs) and the ability of battery makers to meet consumer requirements, Toyota Motor Corp. (NYSE: TM) announced this morning that it…
Chinese companies cut costs for items like safety features to bring down production costs. (Reuters) Apple Inc. (NASDAQ: AAPL) sets a record with the sale of two million iPhones in 24 hours.…
A JP Morgan Chase & Co. (NYSE: JPM) analyst speculated that sales of the new Apple Inc. (NASDAQ: AAPL) iPhone 5 could add “between 0.25% and 0.5% to annualized economic growth in the fourth quarter.”…
In 2011, new car and light truck sales in the U.S. came in at about 13 million units sold. According to TrueCar.com, forecast sales for August put new light vehicle sales at…
General Motors Co.’s (NYSE: GM) reaction to a report that it would idle production of the troubled Chevy Volt was: “We don’t comment on production schedules. We continue to match supply and…
