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January 2008 - Page 11 of 15 - Money Morning - Only the News You Can Profit From

Ford Sales Were Up for 2007… In China

By Mike Caggeso Associate Editor Ford Motor Co. (F) posted a 30% increase of year-over-year sales in China, outpacing the average industry rate in that country, the world's fastest growing economy. Overall, the Dearborn, Michigan-based carmaker sold 216,324 units [up from 166,664]. More than half of those sales were the Ford Focus, the company's compact […]

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It's Official – Schwartz Anointed as New CEO of Bear Stearns; Cayne Remains Chairman

By Jennifer Yousfi Managing Editor The Bear Stearns Companies Inc. (BSC) Chief Executive Officer James E. "Jimmy" Cayne will retire from his post, effective immediately, but will remain on as chairman of the board of directors, the company said in a statement. His successor will be long-time insider, President Alan D. Schwartz, who has a […]

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GPS-Maker Garmin Sees its Shares Plummet on Profit Worries

By William Patalon III Executive Editor Money Morning/The Money Map Report Shares of GPS-device-maker Garmin Ltd. (GRMN) plunged as much as $12.70 yesterday (Wednesday) – extending a longer-term decline – after a Deutsche Bank AG (DB) analyst downgraded the shares, and warned that spiraling competition from rival TomTom NV may lead to a profit-crimping price […]

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With Fears of a Real Estate Bubble Growing, China Looks to Throttle Back Foreign Investments in Development Projects

By William Patalon III Executive Editor Money Morning/The Money Map Report The United States and Great Britain may not be the only world economies whose growth gets crimped by a runaway housing market. A newly initiated state survey of foreign investment in China's soaring real estate sector has sparked fears of new curbs aimed at […]

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Two Ways to Profit in Spite of the Ethanol Snafu

By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report Many car buffs look to Europe or Japan to see what the future holds, particularly when it comes to the latest in alternative fuels. The reason is simple: Gasoline costs more than $7 a gallon in both those places. Of course, in Japan – where […]

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Global Investing Roundup

Yangtze Power Achieves Record Profits on Strength of Three Gorges Project; Ford Increases Indian Investment; China Eastern Shareholders Defy Government Approval of Asset Share; Hochschild’s 2008 Outlook and Mining Operations Devalued China Yangtze Power Co. Ltd. reported yesterday (Tuesday) that third quarter profits rose 7% in 2007. The company, which operates the world’s largest hydroelectric […]

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