Fares Noujaim, an executive vice chairman at Bank of America has left the company abruptly.» Read More
This auto-parts company is slashing costs but the Street isn't paying attention. That doesn't mean you have to miss it.
Here's one to make you scratch your head and say, "what the heck is going on here?" I suspected that higher gas prices have probably kept demand and prices up for hybrids, so I asked the folks at J.D. Power's Power Information Network and Kelley Blue Book to run the numbers.
Both the variety and volume of stock being sought by short sellers this week has increased significantly, says John Tabacco, CEO of Locatestock.com. Lehman and Crox remain among the stocks sought most by short sellers, and solar stocks are in the top 10 on his firm's list.
The news out of Tokyo should not come as a surprise. Toyota, running neck and neck with GM to become the world's largest automaker, is running a little slower. The first quarter earnings make sense given the auto market slowing down in the U.S. and Toyota finding fewer markets and segments to enter.
Stocks declined as soaring oil prices triggered concerns about inflation and consumer spending.
There's an old adage in the car business that even in tough times, good cars will still sell. That might explain why certain models continue to fly off dealer lots and even sell at a higher price, even though the overall auto market is down. Perhaps the most interesting example is the new Chevy Malibu.
I'm a movie junkie and I'm so happy the summer movie season is underway. You'll probably find me at a theater every weekend between now and the end of July--when the movie premiers finally slow down.
Chrysler will let U.S. consumers lock in gasoline prices for three years under a new incentive program launching at a time of sliding vehicle sales, rising oil prices and deepening consumer uncertainty.
Following are the day’s biggest winners and losers. Find out why shares of CVS and Intrepid Potash popped while General Motors and Ambac dropped.
Stocks declined as the market pendelum swung back the other way, sending oil prices to a new high and early cyclicals such as financials and retail lower. Yahoo plunged.
Stocks declined, with General Motors dragging on the Dow amid news of another strike and Yahoo weighing on technology stocks.
General Motors workers at a Kansas assembly plant making the hot-selling Chevrolet Malibu went on strike as of Monday morning, an official at United Auto Workers union Local 31 said.
A flood of numbers from both government and industry confronted investors through the week, making for some choppy trading and a lot of educated guesses from analysts, fund managers, and investors.
For the week ending Friday, May 9, 2008, the U.S. Markets were negative for the week, with the Dow falling more than 200 points on Wednesday, making it the biggest point drop since 4/11/08.
After years of lamenting the "death of the car" and the rise of the SUV and CUV, fans of the sedan are finally seeing things turn their way. Last month, for the first time in roughly 20 years, cars outsold trucks (Pick-ups, SUVs, CUVs and minivans).
The latest overall job loss numbers are much better than economists expected and still well below the six figure numbers seen in past recessions. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Stocks continued to rally, pushing the Dow Jones Industrial Average past 13,000.
Visa and some of the solar stocks are among the names most sought by short sellers this week, according to Locatestock.com.
At long last the gas price surge has hit a point where truck and SUV sales are hurting. How bad is it? Look at the awful April numbers for truck sales.
Major automakers reported lower April sales across the board as record-setting gas prices stemmed vehicle purchases, with truck sales seeing especially steep falls.