(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.…
Douglas A. McIntyre 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…
Markets in Asia were slightly higher. The Nikkei was up a fraction to 17,289. Canan (CAJ) was down 2.9% to 6340. NEC (NIPNY) was down 1.3% to 592. Toyota (TM) was up…
Douglas A. McIntyre It is not enough that the Big Three have to contend with Toyota (TM) gaining market share in the US every month. Honda’s (HMC) earnings and guidance suggested that the company will…
According to Reuters, Amazon’s (AMZN) sales and earnings rose and the stock was up almost 20% after hours. Reuters writes that the CEO of XM Satellite (XMSR) will step down next month.…
GM (GM) may not be doing well in the US, but overseas is a different matter. While the big US car company sold slightly few units in Q2 than rival Toyota (TM),…
According to Reuters, Bernanke believes that subprime losses could hit $100 billion. Reuters writes that GM (GM) closed the gap between itself and Toyota (TM) for total unit sales in Q2. Reuters…
Markets in Asia were mixed. The Nikkei rose .5% to 18,117. KDDI rose 1.9% to 908000. NEC (NIPNY) fell .9% to 629. Toyota (TM) rose 1.1% to 7540. The Hang Seng rose…
Douglas A. McIntyre GM (GM) has bought 50% of diesel engine company VM Motori. Newer clean diesel engines are being viewed as an alternative to hybrid models for delivering fuel-efficient cars and trucks. With the…
Markets in Asia were mostly down. The Nikkei fell 1.1% to 18,016. Hitachi (HIT) fell 1.4% to 861. NTT (NTT) rose .6% to 543000. Toyota (TM) fell 1.3% to 7460. The Hang…
Douglas A. McIntyre Another study has come out showing the lack of a connection between brand reputation and share price activity. Harris Interactive "best brands" survey was based on a poll of 2,372 adults from…