Media Digest 1/27/2010
Reuters: Obama will focus on jobs and the deficit. Reuters: Toyota (NYSE:TM) will suspend manufacturing of eight models. Reuters: Geithner and the NY Fed defended their actions in AIG (AIG) bailout. Reuters: China will…
Reuters: Obama will focus on jobs and the deficit. Reuters: Toyota (NYSE:TM) will suspend manufacturing of eight models. Reuters: Geithner and the NY Fed defended their actions in AIG (AIG) bailout. Reuters: China will…
Markets in Asia fell. The Nikkei dropped .7% to 10,252. Toyota (NYSE:TM) fell on news that it suspending making some models. The Hang Seng dropped .4% to 20,426. The Hang Seng fell…
Toyota (TM) recently said it expected a 6% increase in global sales this year which would make it the No.1 car company in the world for the second year in a row.…
Markets in Asia were down modestly The Nikkei fell .7% to 10,513. Toyota (NYSE:TM) was down. The Hang Send dropped .8% to 20,587. The Shanghai Composite was down 1.1% to 3094. At…
By Douglas A. McIntyre Gone are the days when Toyota (TM) completely dominated the JDPower and Consumer Reports customer satisfaction and vehicle quality surveys. American car companies have made quality gains, and…
Reuters: China battle back at US charges about cyber attacks. Reuters: Under the new Obama proposal, banks may drop private equity assets. Reuters: Hershey (NYSE:HSY) will not make a counter bid for Cadbury (NYSE:CBY) Reuters: Toyota…
Toyota Motor Corp. (NYSE: TM) may have been the most revered auto company of the world for reliability, but recall issues are making this company sound more and more like a Detroit…
Reuters: Obama said he will not let companies who owe the US taxes to bid for government work. Reuters: Republican Scott Brown won the Senate race in Massachusetts putting the Obama healthcare…
Markets in Asia were mixed. The Nikkei was down .8% to 10,765. Honda (NYSE:HMC) and Toyota (NYSE:TM) dropped and JAL filed for bankruptcy after the close. The Hang Seng rose .9% to…
Markets in Asia were narrowly mixed and slightly higher in Asia Reuters: Google (NASDAQ:GOOG) is investigating whether an insider helped China’s cyber attack. Reuters: The IMF chief said there could be a…
Reuters: Cadbury (NYSE:CBY) posted strong 2009 results, rejected Kraft’s (NYSE:KFT) bid. Reuters: Bank of America (NYSE:BAC) is in talks to settle with Cuomo. Reuters: The FAA called for inspections of older Boeing…
Reuters: Oil is at $82 and will move based on US jobs data. Reuters: Reliance upped its offer for Lyondell to $13.5 billion. Reuters: An former SAC employee was caught in a probe of…
By Paul Ausick of 24/7 Wall St. Auto companies have recently reported sales figures for the month of December and full-year 2009. For nearly all, the numbers are better. The numbers are…
Reuters: A major overhaul of the global financial system is expected in 2010. Reuters: Kraft (NYSE:KFT) got a 1.52% acceptance of its Cadbury (NYSE:CBY) bid. Reuters: Gold rose above $1,120.
Most analysts believe that the VW merger with Porsche is about to create the largest car company in the world which will have annual sales greater than both GM and Toyota (NYSE:TM).…