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FINANCIALS

Friday, 28 November 2008

Saab May Be GMs Best Hope for the Future

Saab May Be GMs Best Hope for the Future

Bloomberg (“GM Said to Study Shedding Saturn, Saab, Pontiac to Win US Aid”) is reporting that Pontiac’s sales peaked in 1978 and are down 21% this year compared to an industry wide 15% decline.

Source: Seeking Alpha

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Friday, 09 January 2009

Everythings Coming Up Ponzi

Everythings Coming Up Ponzi

One good thing, if you can call it that, about the dismal financial market of the past year is that it is making the world a safer place for investors.

(Source: Forbes)    read more...

Friday, 09 January 2009

GameStop Climbs After Profit Forecast Beats Estimates

GameStop Climbs After Profit Forecast Beats Estimates

By Allison Abell Schwartz Jan. 8 (Bloomberg) -- GameStop Corp., the world’s largest video-game retailer, climbed as much as 14 percent in New York trading after its annual profit...

(Source: Bloomberg)    read more...

Friday, 09 January 2009

Meredith Cuts 7% of Workers and Closes Country Home Magazine

Meredith Cuts 7% of Workers and Closes Country Home Magazine

By RICHARD PÉREZ-PEÑA The Meredith Corporation shut one of its magazines, Country Home, and dismissed 7 percent of its employees on Thursday, adding to a long list of closings and...

(Source: New York Times)    read more...

Friday, 09 January 2009

Russia, EU Clinch Deal on Monitoring, Opening Way for Gas Flows

Russia, EU Clinch Deal on Monitoring, Opening Way for Gas Flows

By Tara Patel and Daryna Krasnolutska Jan. 9 (Bloomberg) -- Russia and the European Union clinched a deal on monitoring gas shipments through Ukraine, paving a way for the...

(Source: Bloomberg)    read more...

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