Auto Manufacturers - Major
(GM) Words from the (investment) wise for the week that was (Dec 22 – 28, 2008)
Investors spent the holiday-shortened Christmas week in an un-merry mood, digesting more gloomy economic data and taking stock of a tumultuous 2008. With the S&P 500 Index and the Dow Jones Industrial Index down by 35.8% and 40.6% respectively for the year to date, many investors...
28Dec2008 | prieur | 0 comments | Continued(GM) Wall Street’s Ghosts of Christmas
Wall Street’s Ghosts of Christmas There’s a powerful force visiting Wall Street this year. Call it the ghost of Christmas past, present and future. And the worst thing is what it does to companies who accept its influence, even while the number of those falling under its...
26Dec2008 | InvestmentU | 0 comments | Continued(TM) Toyota (NYSE:TM): A First Time For Everything
Toyota (NYSE:TM): A First Time For Everything This morning, Toyota Motor Corporation (NYSE: TM) announced it expects its first loss in 70 years. But the Japanese automaker sits on almost $19 billion is cash with little debt - a far cry from the dismal situation over a General...
26Dec2008 | InvestmentU | 0 comments | Continued(GM) GM Gets Its Fix
GM Gets Its Fix General Motors (NYSE: GM) and Chrysler were relieved to find out that even though most Americans are opposed to helping them, and Congress isn’t far behind, they still have a friend in the Oval Office. The two companies will get a Christmas present of $13.4...
26Dec2008 | InvestmentU | 0 comments | Continued(GM) Words from the (investment) wise for the week that was (Dec 15 – 21, 2008)
“Americans have always been able to handle austerity and even adversity. Prosperity [greed!] is what is doing us in,” said James Reston, former New York Times journalist and Pulitzer Prize winner. Another chapter in dealing with the current credit and economic adversity was...
21Dec2008 | prieur | 0 comments | Continued(GM) Words from the (investment) wise for the week that was (November 10 – 16, 2008)
The Oxford Dictionary defines “volatility” as “liable to change rapidly and unpredictably, especially for the worse”. It’s not as if investors do not know this by now, as global stock markets were again subjected to extreme fluctuations during the past week. The...
16Nov2008 | prieur | 0 comments | Continued(GM) Words from the (investment) wise for the week that was (November 3 – 9, 2008)
Welcome to Wall Street, Barack Obama. His victory signaled a change in US political direction, but the biggest election day rally ever – a surge of 4.1% in the S&P 500 Index on Tuesday – was quickly overshadowed by the grim realities of the worsening economic and earnings...
9Nov2008 | prieur | 0 comments | Continued