Asia Market 9/27/2007
Markets in Asia rose. The Nikkei was up 2.4% to 16,832. Hitachi (HIT) was up 7% to 750. Toyota (TM() was up 1.6% to 6690. The Hang Seng rose 2.4% to 27,066.…
Markets in Asia rose. The Nikkei was up 2.4% to 16,832. Hitachi (HIT) was up 7% to 750. Toyota (TM() was up 1.6% to 6690. The Hang Seng rose 2.4% to 27,066.…
The FT writes that Nintendo is now the No.2 market cap company in Japan, trailing only Toyota (TM). While this may say something about the company’s video game platform sales lead over…
According to Reuters, Toyota (TM) says that its sales in the US may not rise this month. Reuters writes that Microsoft (MSFT) will replace a number of damaged disks from its new…
Markets in Asia were mixed. The Nikkei rose .6% to 16,402. NEC (NIPNY) rose 1.4% to 555. Toyota (TM) rose 1.2% to 6640. The Hang Seng fell .9% to 26,316. China Construction…
Alan Mulally of Ford (F) is sticking to his forecast that the company will be profitable in 2009. But, according to Reuters, he admits that the mortgage crisis and economic slowdown could…
It is easy to point to Chinese cars as being low-quality and cheap. But, in place like Africa and Latin America, that may not be such a bad thing. And, the US,…
Markets in Asia were mixed. The Nikkei fell .6% to 16,313. Sony (SNE) fell 1.8% to 5340. Toyota (TM) fell 1.9% to 6650. The Hang Seng rose .5% to 25,819. China Petroluem…
Markets in Asia were up sharply. The Nikkei rose 3.7% to 16,382. NEC (NIPNY) was up 4.5% to 559. Sony (SNE) was up 3.6% to 5490. Toyota (TM) was up 4.9% to…
GM (GM) suffered an analyst downgrade today. Goldman Sachs moved the shares from "buy" to "neutral". In a way, it is a surprise that it did not happen sooner. On September 10,…
Markets in Asia were higher. The Nikkei rose 1.9% to 16,127. Sony (SNE) rose 2.1% to 5,420. Totyota (TM) rose 2.4% to 6530. The Hang Seng rose 1.6% to 24,938. China Mobile…
Safeway Inc. (NYSE:SWY) has announced a new environmental project to power 23 California stores with renewable solar energy. The company installed solar panels atop a newly renovated Safeway Lifestyle store in Dublin,…
Markets in Asia were mostly higher. The Nikkei rose .2% to 15,821. Fujitsu fell 2.2% to 769. Toyota (TM) fell 1.1% to 6,380.Yahoo Japan fell 2.6% to 40900. The Hang Seng rose…
Detroit’s big profit machine is the SUV and pick-up markets. Even through sales in these categories have fallen off, the margin per unit has stayed strong. Unfortunately, Toyota (TM) has moved into…
Markets in Asia were mixed. The Nikkei fell 2.2% to 15,765. Toyota (TM) was down 2.4% to 6440. Sony (SNE) was down 6% to 4300. The Hang Seng rose rose .5% to…
The Chinese car market, like many things in the world’s most populated country, does not cease to astonish. China has passed Japan as the No. 2 vehicle market in the world, and…