Some of the best known publicly traded companies in the world have stocks that will never reach their all-time highs again. Many of them are not troubled firms. In a number of…
June domestic car sales were a disappointment. GM (NYSE: GM) and Ford’s (NYSE: F) results were particularly tepid. GM’s sales were up 10.6% to 215,335. That was below its 17.1% growth Ford’s sales…
Strauss-Kahn may be released because of fraudulent charges (NYT) Geithner may retire as Treasury Secretary (Reuters) The Fed Bullard said QE2 was similar to more rate cuts (Reuters) Lockheed Martin (NYSE: LMT)…
Odds that a Greek austerity bill will pass rose. (Reuters) Bank of America (NYSE: BAC) is near a deal to settle an MBS charge for $8.5 billion. (Reuters) A new Google (NASDAQ:…
Microsoft (NASDAQ: MSFT) will launch a cloud version of Office to compete with Google (NASDAQ: GOOG). (Reuters) Oil fell on Greek debt concerns. (Reuters) Sony (NYSE: SNE) said its protected content made…
Nissan said it plans to have 8% of the global market for light trucks and cars by the end of 2016. The Japanese manufacturer did not mention that every other global car…
J.D. Power released its initial quality auto survey for this year which is based on questions put to 78,000 motorists. The headline most of the media carried about was that the Ford…
Norway’s entry in the electric vehicle (EV) sweepstakes, Think (or sometimes, Th!nk) has filed for bankruptcy because the company has been unable to find long-term financing. The company, once owned by Ford…
Research In Motion (NASDAQ RIMM) shares were badly hurt due to weak earnings and an anemic forecast. (Reuters) Capital One will buy ING’s online unit for $9 billion. (Reuters) Oracle (NASDAQ: ORCL)…
One school of thought about negative publicity is that its impact dissipates over time. It is hard to disprove that theory, especially in the case of large companies. And sometimes it takes…
American Electric Power received bad press because it shuttered some coal facilities and will lay-off workers. Toyota said its profits will fall 35% The Washington Post’s Kaplan division will cut staff as…
Twitter has, by most estimates, 225 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Douglas A. McIntyre Hilary Clinton may become the head of the World Bank. (Reuters) Toyota (NYSE: TM) said it expects profits to fall by 35% due to the effects of the earthquake. (Reuters) PIMCO’s Bill…
Ford Motor Co. (NYSE: F) is set to meet with the financial community on Tuesday and its chart is at a critical juncture. As far as the news and company, Ford is…
Vice President Joe Biden spent much of last weekend speaking about the value of the federal government bailout of Detroit. Treasury Secretary Timothy Geithner and President Barack Obama have made similar comments.…
