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Ford Loses $1.2 Billion First Quarter

Posted on April 21, 2006 by Marsha James

Ford Motor Co. reported that for the first quarter they have posted a $1.2 billion dollar loss. This is the mostly costly loss in four years and happens at a time when Ford is frantically trying to bring about major changes.
Ford’s North American automotive unit, which has been struggling with declining sales and high fixed [...]

Seeking Alpha — Charts and Data by Sector; Apple Q2 Earnings Conf. Call

Posted on April 20, 2006 by Holden Longfellow

SeekingAlpha.com is a great stock market and personal finance site.
They have an entire section devoted to charts and data by market sector.
They also have a recent Apple conference call transcript posted. An excerpt:

The quarter’s revenue of $4.36 billion was the second highest in Apple’s history, topped only by our record December quarter results, and [...]

Sony Ericsson’s Net Profit Rises

Posted on April 13, 2006 by Marsha James

Sony Ericsson says that the first quarter has shown major profits. Their popular Walkman music phones are just one of the reasons for the sales that the Swedish based company has made.
The world’s No. 5 handset maker said net profit rose to 109 million euros ($132 million) in the three months ending March 31, up [...]

Sealy Debut Doesn’t Rock the Market

Posted on April 07, 2006 by Marsha James

Mattrest giant Seal Corp. didn’t do as well as many had hoped considering that they are a big name company. As it stands now $2.8 million of those shares were to be sold off.
Via Yahoo! News
The mattress company, which is still majority owned by an affiliate of private equity firm Kohlberg Kravis Roberts & Co., floated 28 [...]

Alcatel-Lucent Merger Worries Other Telecoms

Posted on April 05, 2006 by Nancy

According to Yahoo News, “Nordic telecommunication giants Nokia and Ericsson will need to grow by acquisition to counter the long-term impact of a planned merger of Alcatel and Lucent on their business.”
French company Alcatel and US company Lucent are merging to become a giant company worth about $25 billion, which will make them the 2nd [...]

Investing in the Media

Posted on April 05, 2006 by Nancy

Are you a fan of long-term investing?
If so, Morningstar is suggesting you take a look at stocks in the media sector.

Media stocks have performed poorly over the past few years, but don’t let that deter you:
We suspect that future returns for media stocks will be much better than those of the recent past [...]

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