Global Investing Roundups Wednesday, December 3rd, 2008
Contrarian Profits (December 3rd, 2008) Writes:
Ford and Toyota Sales Crash; Triple Airline Merger in Talks; GE Ponders Job Cuts; Sears Closing Stores; Oil Prices Hit 3-year Low; Discover Says More Credit-card Write-offs Likely
U.S. sales in November fell 31% for Ford Motor Co. (F) and 34% for Toyota Motor Corp. (ADR:TM) Every line of Ford vehicle posted falling sales, and the company responded by slashing first-quarter North American output for 38% to 430,000 vehicles, Bloomberg reported. Crippled by global slowdown, British Airways plc (OTC:BAIRY) said it is in merger talks with Australian airliner Qantas Airways and Spain’s Iberia, Reuters reported. Should ...Tags for this Post:
Airline, bloomberg, British Airways PLC, contrarian profits, David Nelms;, Discover Financial Services;, finance, Ford, Ford Motor Co, general electric co, Keith Sherin;, Market Commentary, Oil Prices, Qantas Airways;, Reuter;, Reuters, Sears Holdings Corp, Spain, The Associated Press, Toyota Motor Corp., Toyota Sales Crash;, United States, USD
Airline, bloomberg, British Airways PLC, contrarian profits, David Nelms;, Discover Financial Services;, finance, Ford, Ford Motor Co, general electric co, Keith Sherin;, Market Commentary, Oil Prices, Qantas Airways;, Reuter;, Reuters, Sears Holdings Corp, Spain, The Associated Press, Toyota Motor Corp., Toyota Sales Crash;, United States, USD


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