Asia Markets 8/15/2007
Markets in Asia were down sharply. The Nikkei fell 2.2% to 16,476. Sony (SNE) fell 2.6% to 5520. Toyota (TM) fell 3% to 6850. The Hang Seng fell 2.8% to 21,397. China…
Markets in Asia were down sharply. The Nikkei fell 2.2% to 16,476. Sony (SNE) fell 2.6% to 5520. Toyota (TM) fell 3% to 6850. The Hang Seng fell 2.8% to 21,397. China…
Markets in Asia were mixed. The Nikkei was up .3% to 16,845. Sony (SNE) wsa down 1% to 5670. Toyota (TM) was down .1% to 7060. The Hang Seng was up a…
Toyota (TM) says that its growth in the US will slow over the next several years. Toyota has 17% of the market, so that may have something to do with the law…
According to Reuters the Asia central banks put extra cash into the banking systems as markets there fell sharply. Reuters writes that Man Group, the UK hedge fund, has delays its IPO.…
Toyota (TM) is the hybrid company. The Prius is the hybrid car. The Japanese car company has used that reputation to build a hybrid business in the US that no domestic company…
According to Reuters, BNP Pariba suspending three funds due to sub-prime problems in their portfolios. Reuters writes the net income and sales rose at News Corp (NWS). Reuters reports that Wal-Mar (WMT)…
Markets in Asia were mixed The Nikkei was up a fraction to 16,922. Sony (SNE) was up 1.2% to 5990. Toyota (TM) was up 1% to 7250. The Hang Seng was up…
Tom LaSorda, Chrysler’s CEO, was kicked out of the corner office today. Maladroit manager Robert Nardelli, who did his best to sink Home Deport (HD) while CEO there, gets the top job…
Markets in Asia were down with the exception of Shanghai. The Nikkei fell .4% to 16,914. Canon (CAJ) was off 2.3% to 6370. Sony (SNE) was down 3.8% to 5820. Toyota (TM)…
(ACA) ACA Capital said subprime mortgage exposure does not threaten stability of its unit ratings.(AHM) American Home Mortgage is closing most operations and laying off most of its 7,400 workers Fridaydown to…
According to Reuters, net income at Toyota (TM) rose sharply on strong US and European sales. Reuters writes that American Home Mortgage (AHM) will close today and lay-off all of its employees.…
Sales of Toyota (TM) vehicles fell over 7% to 224,058 in the US during July. Ford (F) and Chrysler (DCX) had significant drop-offs in unit sales last month. The Japanese car maket…
Markets in Asia were off sharply. The Nikkei fell 2.2% to 16,871.Sony (SNE) fell 2.9% to 6130. Toyota (TM) fell 1.4% to 7100. The Hang Seng was off 2.7% to 22,568. China…
Markets in Asia were mixed The Nikkei fell .2% to 17,249. NTT (NTT) was down 1.3% to 518000. Toyota (TM) was down 1% to 7,200. The Hang Seng rose 1.5% to 23,090.…
The UAW negotiations with GM (GM), Ford (F), and Chrysler (DCX) has awakened a sleeping dog. Why isn’t Toyota unionized in the US? The media is filled with data on how much…