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Cars and Drivers

Toyota August Sales: No Silver Lining

Toyota (TM) US sales fell unexpectedly, down 2.8% to 233,471. Passenger car sales fell but light-truck sales rose 2% to 97,964 from 96,034 a year earlier. According to MarketWatch, Toyota blamed the…

TM
Douglas A. McIntyre
12:55pm ET
Cars and Drivers

GM’s Big August Sales Win

GM (GM) August sales in the US rose 5.3% to 388,168. The company’s shares moved up well over 2% to $31.40 The company’s pick-up line did especially well. Douglas A. McIntyre

GM
Douglas A. McIntyre
12:04pm ET
Cars and Drivers

Ford’s Sales Worse Than Expected

Ford’s (F) US sales for August were worse than expected, dropping 14.4%. Ford said it sold 218,332 vehicles last month, down from 255,112 a year ago, with a 33.7% drop in car…

F
Douglas A. McIntyre
12:04pm ET
Investing

Ford’s Sales Worse Than Expected

Ford’s (F) US sales for August were worse than expected, dropping 14.4%. Ford said it sold 218,332 vehicles last month, down from 255,112 a year ago, with a 33.7% drop in car…

F
Douglas A. McIntyre
10:13am ET
Technology

Too Much Excitement Over Intel

Shares in Intel (INTC) have not been much above their current price of since February 2004. Analsysts are taking a new liking to the shares. As Barron’s points out, Credit Suisse and…

Douglas A. McIntyre
9:34am ET
Consumer Electronics

Apple iPhone Sales Surge

Apple’s (AAPL) was the top selling smartphone in the US during July, according to iSuppli. The handset was also 1.8% of all cell phone unit sales for the month. According to Reuters:…

Douglas A. McIntyre
8:40am ET
Telecom & Wireless

What Does a Combined Leap Wireless & MetroPCS Look Like? (LEAP, PCS)

This morning there was a somewhat surprising merger announcement, although some have speculated this merger was inevitable.  MetroPCS Communications, Inc. (NYSE:PCS) has sent a letter to Leap Wireless International, Inc. (NASDAQ:LEAP) proposing…

Douglas A. McIntyre
8:39am ET
Retail

Home Depot: Another Way To Kill The Share Price

Home Depot (HD) say that under the terms of its share buy-back, it brought in about 299 million at $37 a share. That totals 14.6% of the outstanding. Usually, this would be…

HD
Douglas A. McIntyre
8:22am ET
Apps & Software

Sun Microsystems Goes After Linux

Sun (JAVA) claims that it open Solaris software will beat Linux to a pulp. According to ComputerWorld: "Sun intends to take the operating system into markets where it hasn’t traditionally been a…

Douglas A. McIntyre
7:59am ET
Banking, finance, and taxes

Thornburg Mortgage Catches Two Breaks (TMA)

Shares of Thornburg Mortgage (NYSE:TMA) are trading up by roughly 5% in pre-market activity.  This news could have been mostly expected, but the good news is that there was not a cancellation…

Douglas A. McIntyre
7:45am ET
Technology

Local.Com Renews With Yahoo! (LOCM, YHOO)

Local.com Corp. (NASDAQ:LOCM) has announced that it has renewed a multi-year agreement with Yahoo! (NASDAQ:YHOO).  Yahoo! will continue to deliver its sponsored search results to Local.com, including Local.com’s recently expanded local search…

Douglas A. McIntyre
7:12am ET
Investing

Pre-Market Analyst Calls (September 4, 2007)

ABY raised to Neutral at UBS.AMD raised to neutral at Credit Suisse.AG raised to neutral at Credit Suisse.AEO raised to Outperform at Cowen.BLOG started as Outperform at Wachovia.DVA raised to Buy at…

Douglas A. McIntyre