American Companies Burned Worst By The Media
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…
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…
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.…
The House defeated a bill to raise the national debt limit. (Reuters) Google (NASDAQ: GOOG) unsuccessfully tried to form a venture with Facebook. (Reuters) SAC is under investigation for its trading of…
Korean car companies sold 109,000 units in May, according to car research firm Edmunds. That would put the sales of Kia and stablemate Hyundai ahead of Japan’s Honda (NYSE: HMC) and Nissan.…
Unit Sales Forecast Manufacturer May 2011 Forecast % Change vs. April 2011 % Change vs. May 2010 Chrysler 110,132 -5.3% 5.1% Ford 188,280 -0.5% -1.9% GM 225,394 -3.1% 1.5% Honda 92,889 -25.6%…
Experts say a Greek default would harm other EU nations and banks. (Reuters) Several insurers face large losses because of US weather damage. (Reuters) AIG (NYSE: AIG) will price shares to be…
NYSE (NYSE: NYX) was thrashed as Nasdaq (NASDAQ: NDAQ) and ICE pulled their buyout offer due to regulatory concerns. Hewlett-Packard (NYSE: HPQ) was savaged by the press as information from its CEO…
Today’s alternative energy news leads off with a warning from Evergreen Solar, Inc. (NASDAQ: ESLR) that it may not be able to continue as a “going concern.” The state of Connecticut has…
The government may stop the sale of $9 billion in AIG (NYSE: AIG) shares if it does not do well. (Reuters) Taketa may take over Nycomed for $14.2 billion. (Reuters) Cisco (NASDAQ:…
First Trust has launched yet another global ETF, this one being based upon the NASDAQ OMX Global Auto Index. It doesn’t take a rocket scientist to get what it invests in. This is…
China eased restrictions on US companies to give them access to supply the People’s Republic services and to sell mutual funds. (Reuters) Toyota’s (NYSE: TM) operating profit dropped 52% in the last…