Ouch!

Jan 25, 2007 5 Replies

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On the up-side it's one of the first BBC articles in a while that's not used the words "Gas-guzzling" and "4x4" in the same sentence.


"As bad as the financial report was, it did not shock Wall Street. Shares of Ford (up $0.26 to $8.46, Charts) gained about 3 percent in morning, as revenue came in slightly better than forecasts, and company officials offered more details of the results on a conference call."

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Yeah, go figure! I read about Apple posting its figures the other day - profits up 78% in three months to Dec, on that news, shares down over 6% because they expected better sales on computers, and not so much on iPods - what difference does it make where the profits come from??! Especially as iPods leads to iTunes which means more profit for Apple.

Matt

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It will be interesting to see if this and yesterdays State of the Union address will have any affect on their car makers and the models they will produce.

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On or around Thu, 25 Jan 2007 18:27:09 +0100, Matthew Maddock enlightened us thusly:

that's a fair sized loss. beats IBM, I think.

Hence their approaches to Toyota. I very definately get the impression that Toyota are not approaching them. One can draw whatever collusions one want's.....

Richard

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