Word: stockely
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...about 14 million units this year and next - a level last seen during the recession of the 1990s, when GM controlled just under one-third of the U.S. market. GM is still the nation's largest carmaker, but its market share is down to about 22% and its stock price has dropped to its lowest level in more than half a century, having fallen from the $20-per-share range in early June to the current price of below...
Suddenly it was clear that bogus parts were out there in great numbers. One of the first steps had to be to determine the scope of the problem. We crafted a series of audits and went to repair stations to count their stock. One of those was the FAA's own Logistics Center, where the agency kept the parts inventory for its own fleet. I felt considerable satisfaction at finding that 39% of the FAA's own spare parts were suspect. Inevitably, this finding outraged the FAA--they argued with us, insisting that our audit of random samples could...
Consumers were not the only disappointed constituents on Friday. On a day that should have been a celebration for the company, Apple's stock fell more than 2%. Toward the end of the day, however, many of the early technical problems seemed to have been resolved. By 6 p.m., after retrying several times, Kroll said he was able to download and use the free apps he had selected. Later that night - after an hourlong wait for phone support - an Apple technician was able to walk me through the necessary steps to get my email working properly on the phone...
...house prices keep falling, the cost of the program could rise--but would probably be dwarfed by other spending to combat the crisis. A worst-case taxpayer bailout of mortgage-market giants Fannie Mae and Freddie Mac, whose plummeting stock prices caused consternation in early June, could cost as much as $1.1 trillion, according to Standard & Poor's. Which brings us back to the big question: Would a law that helps a few hundred thousand homeowners avoid foreclosure really have an impact on house prices? Well, compared to what...
This latest spasm of political instability has spooked investors, sending Thailand's stock market down nearly 20% since late May. The index had already been a lackluster performer, with the country still recovering from the aftermath of the September 2006 military coup that unseated elected Prime Minister Thaksin Shinawatra. A billionaire tycoon who is generally loved by the poor and reviled by the rich, Thaksin was charged with corruption and his party was disbanded. On Wednesday, the first of many cases against Thaksin got underway in Bangkok, just as other courts were busy issuing rulings that dealt body blows...