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Ford (F)

Ford Motor sold 119,338 vehicles in China in 2009 Q3, with a 79% soar year on year, and total sales volume of its Focus passenger vehicles rocketed 107% in September alone.
In detail, Changan Ford Mazda Automobile Co., Ltd. (CFMA), one of the auto titan's joint ventures in China, achieved a total auto sales volume of 227,839 in the first three quarters, with a 43% growth. And another joint-venture subsidiary Jiangling Motors Co., Ltd. (SZSE: 000550) aggregately sold 82,718 vehicles, including 23,520 units of the Transit.

Oct 22 · 2:15:00 PM · Source: Hispanic Business
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by Michael Oliveto

Staples (SPLS)

Staples is making it easy to get Microsoft Windows 7 with a $75 Trade-in offer, free upgrade installation and a $500 savings book, the company said today.

Oct 22 · 12:45:00 PM · Source: Business Wire
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by Larry Etter

Office Depot (ODP)

Office Depot (NYSE: ODP), a leading global provider of office products and services, today announced the retail chain will offer Windows 7. Customers will be able to purchase the highly anticipated software starting today at any one of the more than 1,100 Office Depot retail store locations throughout the country, or online at www.officedepot.com/windows7.

Oct 22 · 12:42:00 PM · Source: Business Wire
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by Larry Etter

Black & Decker (BDK)

Tool maker Black & Decker Corp (BDK.N) posted a 35 percent drop in third-quarter profit on lower sales.For the third quarter ended Sept 30, Black and Decker reported net income of $55.4 million, or 91 cents a share, compared with $85.8 million, or $1.41 a share a year earlier. Sales declined 23 percent to $1.2 billion.
Company beat market estimates as it cut costs, and forecast fourth-quarter earnings above market estimates.

Oct 22 · 10:03:00 AM · Source: Reuters
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by Larry Etter

Black & Decker (BDK)

Oct 22 · 10:03:00 AM · Source: Reuters
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by Larry Etter

The New York Times (NYT)

The New York Times Co. narrowed its losses in the most recent quarter, though the company showed only moderate signs of improvement in advertising. The publisher, which said Thursday it would have made money if not for hefty one-time charges, lost $106.3 million, or 74 cents a share, in the same quarter a year ago, when it had more than $160 million in one-time costs to account for the declining value of assets on its books. Excluding unusual items, the company said it earned 16 cents per share in the most recent quarter, compared with 5 cents a year ago. Overall revenue fell 17 percent to $570.6 million.
Times Co. CEO Janet Robinson pointed to "encouraging signs of improvement in the overall economy and in discussions with our advertisers."

Oct 22 · 9:59:00 AM · Source: AP
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by Larry Etter

McDonald's (MCD)

McDonald’s Corp., the world’s largest restaurant company, said third-quarter profit rose 5.9 percent as global comparable sales increased more than analysts anticipated. Net income jumped to $1.26 billion, or $1.15 a share, from $1.19 billion, or $1.05, a year earlier, the Oak Brook, Illinois-based company said today in a statement. Revenue fell 3.5 percent to $6.05 billion.
Analysts predicted profit of $1.11 a share, the average of 18 estimates compiled by Bloomberg.

Oct 22 · 9:36:00 AM · Source: Bloomberg
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by Larry Etter

Ford (F)

Ford’s discussions with Geely Holding's to acquire Volvo from Ford have stalled over disagreements on intellectual property.
The talks are focused on the Ford's worries about sharing its proprietary technology and plans for new products. The companies have been discussing a possible deal for 10 months.

Oct 21 · 2:42:00 PM · Source: Reuters
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by Michael Oliveto

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