Toyota (TM) reported a 7.5% increase in profits for the last quarter of 2007. By itself that is an achievement for any car company. The big Japanese firm did indicate that the…
According to Reuters, Microsoft (MSFT) would borrow some of the money for a purchase of Yahoo! (YHOO). Reuters writes that Toyota’s (TM) net grew 7.5% on emerging market growth. Reuters writes that…
We are constantly looking for the business angle of current events, and what could be more pressing than the Super Bowl today. More people watch the Super Bowl than watch live coverage…
Markets in Asia were mixed at 3.10 AM New York time. The Nikkei was up 1.9% to 23.329. Sony (SNE) was up 3.6% to 5,220. Toyota (TM) was up 5.4% to 5,820.…
Markets in Asia fell sharply. The Nikkei traded down 4% to 13,088. Sony (SNE) fell 4.5% to 4880. Toyota (TM) fell 4.1% to 5,340. The Hang Seng fell 4.3% 24,054. China Life…
Markets in Asia were shsrply higher The Nikkei rose 4.1% to 13,529. NEC rose 8.2% to 449. Toyota (TM) rose 6.3% to 5570. The Hang Seng rose 6,7% to 25,122. China Life…
Douglas A. McIntyre Firestone. American Motors. Texaco. Pan Am. Worldcom. At one point or another these large American companies were at the top of their industries. Pan Am was the leading global airline for decades.…
Ford (F) is considering cutting another 13,000 people. According to The Wall Street Journal, the company intends to make good on its promise to make money in North America, not matter what…
Asia markets fell sharply. The Nikkei was off 5.7% to 12,573. Docomo (DCM) was down 8.5% to 151000. Sony (SNE) was down 6.5% to 5110. Toyota (TM) was down 7.2% to 4880.…
Markets in Asia fell sharply. The Nikkei fell 3.9% to 13,326. Docomo (DCM) fell 4.6% to 165000. Toyota (TM) fell 3.6% to 5260. The Hang Seng dropped 5.5% to 23,819. China Life…
GM chief Rick Wagoner is prepared to work 24 hours a day to continue cutting costs in the US. Even if he has to take them to zero, he will get the…
According to Reuters, CNBC is reporting that Citigroup (C) could write-down $24 billion. Reuters writes that automakers face big hurdles in 2008. Reuters reports that the $200 billion Kuwait Investment Authority had…
Ford’s (F) new F-150 pick-up has to do well for the car market to have any kind of real comeback in the US. It is the company’s top selling vehicle and has…
Ford (F) is about to release the latest version of its F-150 pick-up. Based on some data, the light truck has been the No.1 selling vehicle in the US for three decades.…
Toyota (TM) says that it sold 9.37 million vehicles in 2007, up 6% from the year before. According to the AP, GM (GM) has not issued numbers for last year, but they…