Asia Markets 12/26/2007
Markets in Asia were up with several closed. The Nikkei rose .7% to 15,654. Docomo (DCM) rose 1.6% to 190000. Toyota (TM) rose 1.6% to 6,180. The Shanghai Composite rose .6% to…
Markets in Asia were up with several closed. The Nikkei rose .7% to 15,654. Docomo (DCM) rose 1.6% to 190000. Toyota (TM) rose 1.6% to 6,180. The Shanghai Composite rose .6% to…
According to Reuters, Merrill Lynch (MER) raised enough money to increase its capital by $5.7 billion. Reuters writes that US shoppers came out in strength over the "Super Saturday" weekend. Sales on…
Part of what was supposed to happen in Detroit this year was that the new UAW contract was going to lower costs for the Big Three. This would bring their cost to…
Chrysler is recalling over 575,000 vehicles. According to Reuters "long-term wear on the gear shift assembly could cause them to shift out of park without the key in the ignition." The move…
Going back to 1962, GM (GM) sold half of all the cars bought in America. By 1981, it had only dropped to 45%. In 1999, the Big Three still had a 71%…
Ford (F) and GM (GM) said they would cut back production for 2008. Demand is just not there due to higher fuel prices and a slow economy. But, that is not the…
According to Reuters, GM (GM) will begin to build hybrid cars in China next year. Reuters writes that BHP Billiton (BHP) is insisting that a merger with Rio Tinto (RTP) will not…
Asia markets are likely to open lower based on a sharp fall in US financial shares and concerns about the dollar. “With the U.S. performing so poorly, it can only mean bad…
Market in Japan and China should expect big pressure at the open on concerns over US credit markets, a lending freeze in China, and rising oil prices. .Shanghai, Hong Kong, and Tokyo…
The promise of fuel cell cars has been a long arduous prospect for investors and for green-tech consumers alike. Last week marked the more official unveiling of Honda Motor’s FCX Clarity, the…
Imagine what would happen if vehicle sales in the US dropped nearly 10% from one year to the next. Car sales did drop 11% in America during 1991 and hit a low…
Markets in Asia were off sharply.’ The Nikkei was down 2% to 15,772. NTT (NTT) was down 3.7% to 509000. Sony (SNE) was down 2.4% to 5390. Toyota (TM) was down 4.2%…
Word was that Toyota (TM) was hurting. Sales in the US have not been robust and they have been falling in the company’s home market of Japan. Car markets are slowing overall…
Sales at Walmart.com have been doing well, and the head of the unit expects a robust holiday season. "Customers are still spending for the holidays. Halloween was very good for us, so…
According to Reuters, profits rose 2.7% at Toyota (TM) and the company raised full-year forecasts. Reuters writes that GM (GM) will take a $39 billion non-cash charge in Q3 Reuters reports that…