Asia Markets And Europe Open 7/26/2009
Stocks is Asia were higher. The Nikkei was up 1.4% to 10,640. Toyota (TM) gained as planned to cut costs. The Hang Seng moved higher by .1% to 29,452. China Life (LFC)…
Stocks is Asia were higher. The Nikkei was up 1.4% to 10,640. Toyota (TM) gained as planned to cut costs. The Hang Seng moved higher by .1% to 29,452. China Life (LFC)…
Reuters: Bernanke will be reappointed as Fed chief. Reuters: New deficit projects could hurt Obama’s plans. Reuters: The SEC and Bank of America (BAC) asked a judge again to approve a deal…
Markets in Asia fell. The Nikkei dropped .8% to 10,497. Toyota (TM) moved down slightly. The Hang Seng was off .8% to 20,389. The Shanghai Composte dropped 2.6% to 2,916. At the…
Markets in Asia were mixed The Nikkei fell 1.5% to 10,238. Shares in Toyota (TM) and Honda (HMC) fell. The Hang Seng was down .9% to 20,253. The Shanghai Composite was up…
Reuters: UBS (UBS) shares may fall when the Swiss government sells out. Reuters: The US deficit estimate was trimmed to $1.59 trillion. Reuters: A homeowner sued Wells Fargo (WFC) over a credit…
Markets in Asia fell. The Nikkei was down .8% to 10,204. Sanyo rose on news Toyota (TM) would buy batteries from the company. The Hang Seng fell 1.9% to 19,924. The Shanghai…
The New York Times got ahold of an early version of the 2009 new vehicle study done by The University of Michigan Customer Satisfaction Index. The paper reports that “in the rankings by…
Volkswagen Aktiengesellschaft, the company known to most Americans as VW, wants to become the world’s largest car company within a decade. VW has almost no chance of realizing that aspiration because it…
Reuters: China Investment Corp will put $2 billion into US mortgages. Reuters: The US pay czar says be can “claw back” executive compensation. Reuters: Japan is pulling out of its recession. Reuters: …
Markets in Asia were mostly higher. The Nikkei rose .8% to 10.517. Honda (HMC) and Toyota (TM) both rose over 1%. The Hang Seng was up 2.1% to 20,864. The Shanghai Composite…
Reuters: GE’s (GE) water business may be too small to help earnings. Reuters: Madoff’s CFO plead guilty. Reuters: Auto inventories are tight but interest in the “clunkers” program is falling. Reuters: China…
GM says it will sell 1.4 million cars in China this year. It sold about 180,000 in the US in July. The critical difference between its costs in the two markets is…
GM’s new chairman Edward E. Whitacre Jr said that one of his major goals is to make certain that the No.1 US car company stays N0.1. GM will find it very hard…
Most major car companies offer hybrid vehicles. They get better gas mileage and throw off less pollution. They tend to be more expensive than gas-powered models because of their relatively complicated technology.…
Reuters: A bubble may be forming in the corporate bond market. Reuters: Wall St. firms have made $1 billion on the break up of AIG (AIG). Morgan Stanley(MS), Goldman Sachs (GS), JP…