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).…
Reuters: Kraft (NYSE:KFT) sold it pizza business to Nestle and lifted the cash portion of its deal to buy Cadbury (NYSE:CBY). Reuters: Cold weather pushed oil prices near $82. Reuters: US healthcare spending…
GM said today that its sales in China were up 67% in 2009 to 1.83 million vehicles. The No.1 US car company believes that things could get even better. “Despite the sales…
The stock market of Sri Lanka, birthplace of Galleon hedge fund founder and alleged inside trader Raj Rajaratnam, posted the best return of any national index in the world. Its CSE of the Colombo…
Markets in Asia were higher. The Nikkei rose a fraction to 10,638. Toyota (NYSE:TM) and Honda (NYSE:HMC) moved up. JAL hit record lows on fears of bankruptcy. The Hang Seng was up…
Hugo Chavez, Venezuela’s president-for-life, has pushed major oil companies that would not pay tariffs to his government and give up some of their assets out of the South American nation. He recently…
Hyundai is likely to continue its string of sharply improved monthly sales in December.The firm is expected to sell 63,000 cars this month when its Hyundai and Kia nameplates are taken together. That…
Reuters: US business investment is rising. Reuters: Another outage shut down RIM’s (NYSE:RIMM) BlackBerry network. Reuters: Geithner said tight lending could hurt US economy. Reuters: Microsoft (NASDAQ:MSFT) lost an appeal over IP…
Ford (NYSE:F) said it would offer buyouts to its 41,000 US factory workers. The terms are generous and give the rank-and-file large lump sum payments and vouchers for Ford vehicles. Ford explained…
Markets in Asia were mixed. The Nikkei rose 1.9% to 10,379. Toyota (NYSE:TM) rose sharply. The Hang Seng was up .7% to 21,092. The Shanghai Composite fell 2.3% to 3,051. At the…
Douglas A. McIntyre