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Monthly Archives: January 2008
Volkswagen Widens Passenger Car Sales Lead Over GM in China
Volkswagen (VLKAY) widened its lead in China over General Motors Corp. (GM) with a 28% growth in sales as the German automaker maintained its position last year as China’s largest passenger carmaker. Volkswagen outsold U.S. rival GM by 431,064 passenger … Continue reading
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Aeropostale (ARO) Increases Same-Store Sales – Covered Calls
Aeropostale (ARO) said on Thursday that its December sales at stores open at least one year rose by 12.2%. Analysts, on average, had expected its same-store sales to rise 3.7%, according to Thomson Financial. Total sales for the period ended … Continue reading
Tata Motors to Introduce $2,500 Car – Auto Industry Covered Calls
Tata motors (TTM), an Indian auto manufacturer whose name is becoming ever more ubiquitous, is likely to unveil an exciting new car this week at the annual auto show in Delhi. Sure the stock plummeted 5.5% in trading today and … Continue reading
Tracinda to take 35% Stake in Delta Petroleum (DPTR)
Billionaire investor Kirk Kerkorian’s Tracinda Corp will take a 35% stake in Delta Petroleum Corp. (DPTR), under an agreement for the firm to make a $684 million investment in the energy company and acquire shares at a price representing a … Continue reading
Broadcom’s (BRCM) Court Victory over Qualcomm (QCOM)
A court ruling could force Qualcomm Inc. (QCOM) to pay patent royalties to rival Broadcom Corp. (BRCM) for the next 13 months to keep selling chips for cell phones that infringe three Broadcom patents. U.S. District Judge James Selna granted … Continue reading
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