Large consumer companies spend a great deal of marketing money on creating, preserving, and increasing the image of their brands. If a product has problems, the process does not always work. Toyota…
Reuters: Toyota (NYSE:TM) will recall the Prius. Reuters: UBS (NYSE:UBS) posted a profit. Reuters: Nissan posted a profit and raised forecasts. Reuters: JAL will maintain its ties with AMR (NYSE:AMR).
Markets in Asia were mixed The Nikkei fell .2% to 9,933. Toyota (NYSE:TM) rose. The Hang Seng was up 1.2% to 19,790. The Shanghai Composite rose .5% to 2,949. At the open…
How bad do things get for major brands suddenly under fire? If you have followed the brand damage assault against Toyota Motor Corp. (NYSE: TM), you know it gets bad for a…
Douglas A. McIntyre Updated throughout the day Updated 8.47 AM EST Yelp rejected a $700 million bid from Microsoft (NASDAQ:MSFT). (BusinessWeek) Toyota (NYSE:TM) is preparing Prius recalls in the US and Europe (Reuters) Disney (NYSE:DIS)…
Updated throughout the day. Toyota (TM) will recall the Prius in Japan (Reuters) JPMorgan (JPM) chief Jamie Dimon will be paid $15 million to $20 million in 2009 compensation (FT) Barclays (BCS) will bail…
Ford (F) has offered customers who bought some 2010 Fusion and Mercury Milan hybrids “a customer satisfaction program to update the software of the regenerative brake system.” Many media outlets are depicting this…
Reuters: The economy probably added 5,ooo jobs last month. Reuters: Kraft (KFT) gained control over 75% of Cadbury shares. Reuters: Toyota (TM) may recall the Prius. Reuters: Publishers and Amazon (AMZN) are…
Toyota (TM) has recalled over seven million cars worldwide which includes eight of it most popular vehicles. The company is also faced with investigations about trouble with brakes on its 2010 Prius hybrid. French carmaker…
Toyota (NYSE:TM) posted a profit of $1.7 billion in the quarter that ended December 31 due to cost cuts and improved sales in Asia and the US. Sales rose 10%. Toyota also…
Douglas A. McIntyre Reuters: Toyota (NYSE:TM) said it would have charges of $2 billion for recalls, but posted a profit last quarter and improved its forecasts. Reuters: Shell’s (RDS.A) profits fell sharply. Reuters: Sony (NYSE:SNE)…
Markets in Asia fell. The Nikkei was off .5% to 10,356. Toyota (NYSE:TM) fell and Honda (NYSE:SNE) gained. Sony (NYSE:SNE) announced a profit. The Hang Seng was off 1.8% to 20,342. The…
The bad news is just beginning for Toyota (TM). The eight million vehicles the company has recalled, the shut down production of eight of its most popular cars, and potential brake defects…
Toyota’s (NYSE:TM) problems get worse with the passing of each day. The company recalled about eight million vehicles worldwide from problems with accelerators. Toyota then shut down production for most of the…
Reuters: Volcker believes that banks should not be allowed to make risky trades. Reuters: Toyota (NYSE:TM) sales dropped after its recall announcements. Reuters: More US consumers are paying credit cards before mortgages. Reuters: …
