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Ford U.S. December sales down 32.4% to 139,067 units
SAN FRANCISCO (MarketWatch) -- Ford Motor Co. on Monday reported a 32.4% drop in December U.S. sales to 139,067 vehicles from 205,685 in December 2007. Ford, Lincoln and Mercury combined car sales fell 26.4% to 43,087 units while truck sales slumped 33.9% to 91,027 units with sales of the flagship F ... more »
MarketWatch.com  –  Jan 5, 2009 5:55 PM [GMT]  –  comment?
U.S. Steel exiting drawn-over-mandrel tubular business
SAN FRANCISCO (MarketWatch) -- U.S. Steel Corp. said Monday that it will exit the drawn-over-mandrel tubular products business. Drawn-over-mandrel tubular products are used by auto makers, mining companies, fluid power component makers, and steel service centers. As a result, U.S. Steel said it will ... more »
MarketWatch.com  –  Jan 5, 2009 5:32 PM [GMT]  –  comment?
UBS downgrades 10 oilfield service names
NEW YORK (MarketWatch) -- UBS on Monday downgraded 10 oil service stocks to buy from neutral, leaving six buy ratings of the 23 stocks it covers from the sector. UBS cited lower rig counts, scarce credit and lower day rates. A recent move up from the group amounts to a bear market rally, UBS said. & ... more »
MarketWatch.com  –  Jan 5, 2009 5:30 PM [GMT]  –  comment?
Airbus' Japan Dreams Put On Hold
All Nippon Airways is reportedly postponing its plans to invest in aircraft.
Forbes.com  –  Jan 5, 2009 5:30 PM [GMT]  –  comment?
Small Moves in India
Two India-based stocks rose slightly following a Barron's nod.
Barron's Online  –  Jan 5, 2009 5:26 PM [GMT]  –  comment?
Porsche U.S. December sales slide 25.5%
SAN FRANCISCO (MarketWatch) -- Porsche Cars North America Inc. said Monday U.S. sales fell 25.5% in December to 2,154 units from 2,891 in December 2007. Total U.S. sales in 2008 also slumped 25% to 26,035 from 34,693 in 2007. Porsche Cars North America is a unit of Porsche [S: PSEPF].Market Pulse St ... more »
MarketWatch.com  –  Jan 5, 2009 5:19 PM [GMT]  –  comment?
Semiconductor Sales Get Zapped
J.P. Morgan slashed the outlook after weak November sales.
Barron's Online  –  Jan 5, 2009 5:17 PM [GMT]  –  comment?
ICE shares fall; analysts cite weak OTC volume
BOSTON (MarketWatch) -- Shares of IntercontinentalExchange Inc. were down 8% in midday trading Monday after some Wall Street analysts cut their profit outlooks for the company following the release of its December trading volume data. "ICE reported quarterly over-the-counter (OTC) statistics th ... more »
MarketWatch.com  –  Jan 5, 2009 5:13 PM [GMT]  –  comment?
Madoff Trustee Tries to Contact Clients
The court-appointed trustee for Bernard Madoff's investment firm said last week he mailed claim forms to more than 8,000 potential victims of the alleged Ponzi scheme.
Wall Street Journal  –  Jan 5, 2009 5:09 PM [GMT]  –  comment?
Daimler U.S. December sales fall 23.5%
SAN FRANCISCO (MarketWatch) -- Daimler AG said Monday that U.S. December sales fell 23.5% to 20,848 vehicles on poor Mercedes-Benz sales. Mercedes U.S. December sales dropped 32.1% to 18,507 vehicles. The company also sold 2,341 Smart cars in December in the United States. U.S. Smart sales began in ... more »
MarketWatch.com  –  Jan 5, 2009 5:06 PM [GMT]  –  comment?