According to Reuters, Nissan forecast an annual loss. Reuters reports that the Treasury has delayed it bank bailout announcement. Reuters writes that Fannie Mae (FNM) and Freddie Mac (FRE) will channel new…
According to Reuters, Democrats say that the Senate will pass the stimulus bill today. Reuters reports that Moody’s cut Toyota’s (TM) rating for the first time in 10 years. Reuters writes that…
It is hard to understand why anyone would want to buy Sirius XM (SIR). All it has left is Howard Stern and he will probably leave soon enough. Sales at Sirius are…
According to Reuters, Wall St. workers face a bleak future. Reuters reports that the Senate has agreed to a soft "buy America plan." Reuters reports that the government needs an investment plan…
According to Reuters, Honda (HMC) sales in the US fell in January. Reuters reports that the premier of China sees hopeful signs in his economy. Reuters reports that hard times make government…
From time to time, the editors at 24/7 Wall St. will look at which companies may file for Chapter 11 bankruptcy protection over the next year. The analysis involves looking at SEC…
SIRUS XM Radio Inc. (NASDAQ: SIRI) issued a statement after the close showing how the company is taking tiny steps to trim its debt balances. Every penny of debt it can shed…
Douglas A. McIntyre For the latest reported period, ending December 31, short sellers did not make any notable moves in or out of tech, financials, or industrial shares. What they did do was take impressively…
At the beginning of the decade a number of internet and next-generation technology companies raised money through venture capitalists and IPOs. Many of these companies had little, if any, revenue. Most had…
Spending on cars, clothing, jewelry, furnishings have moved down 20% or more over the last few months. There has been a lot of research that consumers were still willing to buy video…
As if you didn’t know there were problems at SIRIUS XM Radio Inc. (NASDAQ: SIRI), Moody’s has decided in its infinite wisdom to downgrade the company’s debt ratings. This downgrade is showing…
Douglas A. McIntyre A lot of fairly well-known public companies either disappeared or went bankrupt this year. Circuit City is on the list. Based on the most recent news GM may get added soon. 24/7…
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) is making it easier for the army of relatively new penny stocks to maintain their listings on NASDAQ. The exchange filed with the SEC to extend…
According to Reuters, GM (GM) and Chrysler are close to a loan deal with the government. Reuters reports that Obama will ask for a major stimulus package focusing on infrastructure and helping…
SIRIUS XM Radio Inc. (NASDAQ: SIRI) has its annual meeting of stockholders today, and the company is out with some updated information which will be as important as ever to its burned…
Douglas A. McIntyre