Zipcar now profitable
It's great when a business has a model that provides a service at benefit to the environment. It's even better when that business also turns a profit.
It's great when a business has a model that provides a service at benefit to the environment. It's even better when that business also turns a profit.
On the eve of the Tesla Model S ride out in sunny California, analysts at JPMorgan Chase upped Tesla's stock (NASDAQ ticker symbol: TSLA) rating from "equal weight" to "overweight," boosting the automaker's status above most competitors in the automotive industry.
Over at Motley Fool, Travis Hoium argues that there's a right way and a wrong way to jump on the electric vehicle investment bandwagon.
2011 Jaguar XJ – Click above for high-res image gallery
Soon-to-depart pay czar Kenneth Feinberg limited the cash remuneration available to General Motors executives, making stock options a go-to supplement for company leaders. It was reported last month that GM would hand out enough shares to top brass to Jonathon Ramsey
After the Saab sale transaction went through, Spyker Cars CEO Victor Muller held a 34.3-percent stake in the Dutch sportscar maker. And according to local law, having more than 30 percent in equity meant that Muller would be obliged to make a public bid for the rest of the company's shares, so he transferred slightly more than one million shares to a Cyprus-registered company for what looks like s
General Motors and Ford just concluded an absolutely brutal business day on Wall Street, which echoed the performance of the markets in general as the Dow Jones Industrial Average slid another 678.91 points to close below 9,000 at 8,579.19 points. GM closed the day at 4.94 after having dipped as low as 4.72 just minutes before the bell rang at 4PM, while Ford John Neff
An analyst with Bear Stearns delivered an interesting assessment of the domestic automakers today, stating that Ford's credit rating deserves a boost on the basis of its upcoming expected turnaround performance. The stock's rating was cranked up two notches from "underperform" to "overperform", and indeed its value has enjoyed an increase of nearly 15% in the last m
Pacific Ethanol, a company we're mentioned before because they're building giant ethanol plants around the western side of the United States, sold on Friday five and a half million shares of its stock to private investors for about $5 less each than the $31.52 stocks were valued at Thursday. The company also sold the rights to buy almost three million shares at $31.55 in six months. Th