According to Reuters, Korean car maket Hyundai expects it global revenue growth rate to double in 2007 based on strong foreign sales and a higher mix of luxury cars. Oerall vehicle sales are expected to rise 9% in 07.
The Wall Street Journal writes that the new AT&T including BellSouth expects most of its near term growth to come from its Cingular wireless unit and advertising. AT&T will begin selling ads on mobile phones, TV, and internet access.
The Wall Street Journal reports that, despite stronger than expected December sales, Wal-Mart still has a great deal to do to convince investors that its US unit is recovering.
The New York Times reports that Avis will begin to offer service that can connect its car to Wi-Fi spots.
Barron’s writes that the need for more processing power in notebooks to run Microsoft’s Vista OS could help sales of AMD chips.
FT.com writes that there were a record $150 billion in delistings, mostly from the NYSE and London Stock Exchange, as companies went private.
Douglas A. McIntyre
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