Asia Markets 9/14/2007
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…
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…
It would be nice to think that hiring one person could help Chrysler build its business overseas where it has very little market share. The company did pick-up GM’s (GM) former head…
The Japanese government is nervous about Google (GOOG). Trade officials in the country worry that, with their hardware advantage lost to companies in Korea, Taiwan, and China, it will also end up…
Toyota (TM) US sales fell unexpectedly, down 2.8% to 233,471. Passenger car sales fell but light-truck sales rose 2% to 97,964 from 96,034 a year earlier. According to MarketWatch, Toyota blamed the…
However badly the big car companies bled sales this summer, it appears that August brought no hope for better days. Bloomberg speculates that Toyota (TM) sold more cars that Ford (F). The…
Most markets in Asia were down modestly. The Nikkei fell .3% to 16,525. Sony (SNE) was up .4% to 5600. Toyota (TM) was up 1.5% to 6860. The Hang Seng fell .4%…
The nice thing about the management at Toyota (TM) is that they tell their rivals ahead of time how badly they are going to crush them. The big Japanese car company says…
According to Reuters, Bush will outline a plan to help holders of sub-prime mortgages. Reuters writes that Dell (DELL) topped Wall St. estimates but sees costs drops slowing. Reuters writees that Freddie…
Markets in Asia were up shareply. The Nikkei rose 2.7% to 16,569. Honda (HMC) rose 4.4% to 3820. NEC (NIPNY) rose 3.8% to 547. NTT (NTT) rose 2.9% to 538000. Sony (SNE)…
Markets in Ais fell. The Nikkei was down 1.7% to 16,013. Sony (SNE) was down 2.8% to 5230. Toyota (TM) was down 2% to 6530. The Hang Seng fell 2% to 22,890.…