by | Nov 29, 2010 | Towing
After its near-miraculous emergence so quickly from bankruptcy, the new GM will certainly make big bucks for investors if it fulfills its potential to beat sales forecasts and earnings expectations. And, no, it wouldn’t take an…
by | Nov 25, 2010 | Towing
A building boom — and the constrained supply of materials due to mandated energy cuts — sent Chinese cement, metal and building-equipment stocks up Thursday. Meanwhile, Hong Kong and Japanese exporters benefited from improvin…
by | Nov 24, 2010 | Towing
Ford Motor announced Wednesday that it had reduced its debt by $1.9 billion after note-holders converted their debt into 274 million shares of common stock. The automaker’s annual interest expenses will be reduced by $180 mill…
by | Nov 23, 2010 | Towing
The initial public offering of General Motors last week netted $11.7 billion for the U.S. Treasury, which invested taxpayer money into keeping the then-struggling automaker solvent during the financial crisis as part of its Tr…
by | Nov 22, 2010 | Towing
Honda Motor may be the subject of a National Highway Traffic Safety Administration investigation because of possible acceleration problems with its Honda Accord Hybrid that may have caused a 2005 crash that killed one person.
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