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Dour Demand Sends Japan 2008 Auto Sales Down Dramatically
Major domestic sales declines from Toyota Motor Corp. (ADR: TM) and Nissan Motor Corp. (ADR: NSANY) led Japan to post its worst overall annual vehicle…
6Jan2009 | Money Morning | 0 comments | ContinuedGlobal Investing Roundups
South Korea Plans $10.8 billion Stimulus; KKR IPO Delayed Again; DryShips Posts 71% Profit Growth; Oil Slides Below $64; Manufacturing Hits 26-year Low; Viacom Profit…
4Nov2008 | Money Morning | Comments Off | ContinuedGlobal Investing Roundups
Citi Buys Back Securities; Jobless Claims Rise; Toyota Earnings Skid; Brazil Grows More Grain; Vale’s Record Earnings; Nestle’s Earnings Crunch
-Beleaguered banking giant Citigroup Inc. (C) will…
8Aug2008 | Money Morning | Comments Off | ContinuedGM Announces Second Round of Cost Cuts in Six Weeks as U.S. Economy Continues to Slump
General Motors Corp. (GM) yesterday (Tuesday) announced a series of cost-saving measures aimed at fighting waning domestic sales fueled by a weak U.S. economy and the soaring…
16Jul2008 | Money Morning | Comments Off | ContinuedJapan Makes Way for China Tourist Money
From my vantage point on my recent visit to both China and Japan, the signs are clear.
China is coming. And Japan knows it.
Major department stores…
5Jun2008 | Money Morning | Comments Off | ContinuedGM Tries to Reverse Course, but Can it Catch Toyota?
It has taken three straight years of declining profit for General Motors Corp. (GM) to realize it is no longer on the cutting edge of…
4Jun2008 | Money Morning | Comments Off | ContinuedA Weak Dollar and Sluggish U.S. Economy Accelerate Toyota’s Retreat to Emerging Markets
A weak dollar and an even weaker U.S. economy have proved to be serious roadblocks for Toyota Motor Corp. (TM), which reported a 28% decline…
9May2008 | Money Morning | Comments Off | Continued
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