GM (GM) CEO Loses His (Real) Job
GM (GM) CEO Rick Wagoner got kick upstairs to the realm of the Zeppelin pilots yesterday. The company said that he did not lose any of his authority, but it put in…
GM (GM) CEO Rick Wagoner got kick upstairs to the realm of the Zeppelin pilots yesterday. The company said that he did not lose any of his authority, but it put in…
After a tough 2007, it would be hard to believe that a domestic car company could have a 13% drop in January sales. GM (NYSE: GM) did just that. The stock is…
Most markets in Asia fell sharply. The Nikkei fell 4.5% to 12,992. Canon was down 5.2% to 4570. Honda (HMC) was down 5.8% to 3070. Toyota (TM) was down 3.3% to 5560.…
Markets in Asia were higher. The Nikkei rose 1.5% to 14,031. Sony (SNE) rose 2.3% to 5320. Toyota (TM) rose 1.5% to 6060. The Hang Seng moved up 3.4% to 24,483. China…
According to Reuters, Micorosft (MSFT) will open up some of its software code to rivals. Reuters reports that BP (BP) will try to get billions of more barrels out of Prudhoe Bay.…
Markets in Asia fell. The Nikkei was off 3.3% to 13,310. Docomo (DCM) was off 4.6% to 165000. Sharp was off 5.6% to 1955. Toyota (TM) was off 3.5% to 6090. The…
Toyota (NYSE: TM) has rolled out the first car under its new cost savings program. Not only is the car cheaper to make, but the largest Japanese car maker claims it is…
Toyota (NYSE: TM) is not used to seeing its sales go anywhere but up. It has certainly had a tremendous ride in the US and Europe over the last several years. Numbers…
Markets in Asia mixed. The Nikkei rose .4% to 13,068. Sony (SNE) rose 2.2% to 4,730. Toyota (TM) fell 1.7% to 5,870. The Hang Seng rose 1.1% to 23,170. China Life (LFC)…
GM (NYSE:GM) reported fourth quarter and full year earnings.One thing was clear GM’s prospects are now almost entirely overseas. With total car sales likely to fall one million units this year, GM…
GM (NYSE:GM) reported fourth quarter and full year earnings.One thing was clear GM’s prospects are now almost entirely overseas. With total car sales likely to fall one million units this year, GM…
Like some many unsuccessful companies before it, Chrysler wants to cut its way to profitability. The privately-held company, run by Home Depot (NYSE: HD) exile Robert Nardelli, will probably chop its number…
Many markets in Asia were closed for a holiday. The Nikkei dropped 1.4% to 13,017. NEC dropped 2.9% to 401. Sony (SNE) dropped 1.9% to 4,620. Toyota (TM) dropped .3% to 5,880.…
GM (NYSE: GM) says that 50% of its cars in the US should be running on ethanol by 2012. According to Reuters "GM will have 11 ethanol-capable vehicles on the market this…
Markets in Asia fell sharply The Nikkei was off 4.7% to 13,099. Mazda was down 7.2% to 439. Softbank was off 6.3% to 2005. Sony (SNE) fell 3% to 4,570. Toyota (TM)…