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Google Phone Is Coming to Verizon
As promised, today Google introduced what it calls the next
step in mobile phones with its Nexus One phone. In a
surprise move, it named No.1 telco Verizon as one of its
future service partners.
1/5/2010 2:25 PM EST
Toyota U.S. Sales Rise 23%
Toyota Motor on Tuesday reported an increase of 23% in U.S.
vehicle sales in December.
1/5/2010 2:50 PM EST
GM Sees Sales Drop
General Motors' total vehicle sales fell 6% in December
compared with a year ago.
1/5/2010 2:24 PM EST
Chrysler Sees Worst Sales in Decades
Chrysler said on Tuesday that its December year-on-year
sales fell by 3.7% to 86,523. The Chrysler brand sales fell
by 6.8% to 18,122 while its Jeep brand sales fell by 9.9%
to 20,810. Its Dodge sales, however, inched up 0.7% to
47,591.
1/5/2010 1:33 PM EST
Tech's Key Components in Short Supply
The rapid deceleration in high-tech sales in late 2008
followed by an unexpected mini recovery in late 2009 has
resulted in shortages of a variety of key components in the
supply chain.
1/5/2010 12:36 PM EST
Ford Burns Rubber on Sales
Ford's resurgence continued in December as sales rose 33%.
The automaker, led by CEO Alan Mulally, reported higher
sales in every company product company and for every brand
in December, the highest sales month since May 2008.
1/5/2010 12:37 PM EST
Potash Stock Gets Bump From Upgrade
Potash shares received another boost Tuesday after an
analyst at Credit Suisse upgraded the stock.
1/5/2010 11:58 AM EST
Gold Futures Rise as Dollar Languishes
Gold prices got a lift Tuesday from a weak dollar and
strong investment demand.
1/5/2010 10:34 AM EST
Ciena Shares Soar on Nokia Rumor
Ciena shares surged 4% on rumors that Nokia may be
interested in a takeover.
1/5/2010 11:32 AM EST
SolarWorld Hits Sales Peak; Sector Spikes
SolarWorld, the German solar sector leader, announced today
that its sales topped the 1 billion euro level for the
first time in 2009, driving stocks across the solar sector
higher in the U.S. on Tuesday morning.
1/5/2010 11:41 AM EST
Bank of America's Moynihan: Mea Culpa
Brian Moynihan spent his first working day as CEO of Bank
of America outlining goals and strategy with broad brush
strokes -- repeating some cliches but also ushering in a
new era for the country's largest bank.
1/5/2010 8:39 AM EST
Fundamentals Argue Against Yen
The market is currently trading in a equilibrium phase, or
so it seems, with the euro, swissy and aussie barely moving
in recent trade, while the pound, cad and yen have managed
to pull some interesting moves overnight.
1/5/2010 11:35 AM EST
Mesa Air Files for Bankruptcy
Mesa Air finally succumbed to bankruptcy on Tuesday, after
trading as a bankruptcy candidate for the past 20 months.
1/5/2010 11:06 AM EST
Air Terror: Impact on the Markets
An attacker's foiled attempt to blow up a Delta/Northwest
airliner on Christmas Day has raised a slew of familiar
questions -- and fears -- for investors and travelers alike
when it comes to the U.S. air transportation system.
12/28/2009 3:19 PM EST
Domestic Steel Prices on the Rebound
The increase in domestic prices should continue as U.S.
prices begin to play catch-up with the rest of the world
and approach historical premiums.
1/5/2010 3:27 AM EST
Manhattan Real Estate Prices Drop
The city's major brokerages reported prices in the fourth
quarter of 2009 in the Manhattan real estate market
decreased from a year ago while sales increased.
1/5/2010 3:00 PM EST
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