Recent Articles
Bye Bye, Bailout Bonuses – AIG Awards Cut by $21 Million
U.S. taxpayers own about 80% of American International Group, Inc. (AIG) and should be able to call the shots as the former insurance giant tries to work its way out of the mess that caused us to cough up more than $182 billion to rescue AIG from extinction. That is sort of the case.
Pepsi Dividend Boost Adds Fizz to Shares
PepsiCo, Inc. (PEP) has decided to return some more cash to its shareholders. The company said this morning that it would raise its dividend 7%, to an annualized $1.92/share, and increase its stock buyback program to $15 billion. When you think about it, there really isn't much else for them to do.
Microsoft’s Bing Takes Bite Out of Yahoo! Search
Ever since Microsoft Corp. (MSFT) withdrew its $33/share offer for Yahoo! Inc. (YHOO) in May 2008, the search company's share price has been trending downward. Yahoo! is losing market share steadily, and a fair portion of the loss is going to Microsoft's Bing search engine.
Toyota Makes an Offer It Hopes Customers Can’t Refuse
The prospects for Toyota Motors (TM) may not be quite as bleak as they were at the beginning of March. The company expects sales to grow in March, following a decline of 8.7% in February and 16% in January.
Finally Some Good News for the Airlines
The past year was the worst in airline history. Passenger demand fell 3.5% and the average load per flight was just 75.6%. Freight also fell by 10.1% with an average load of 49.1%. Predictions for 2010 were not quite as bad, but the airlines were still predicted to lose $5.6 billion compared with $11 billion in 2009.

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