Summit Notebook

Audio – The hits just keep on coming in 2008!

September 15, 2008

henderson2.jpgIt’s not like 2008 has been a dance around the maypole.

Fritz Henderson, chief operating officer of General Motors Co, said on Monday at the Reuters Autos Summit that the events of this past weekend — with the collapse of Lehman Brothers and sale of Merrill Lynch are just another things making a tough year worse for struggling U.S. automakers.

Audio – Looking ahead with Ford

September 15, 2008

Ford Motor Co Chief Executive Alan Mulally found himself in a rather strange situation this week.

Video – Car makers speed into Russia

September 15, 2008

U.S. and Asian automakers are rushing to lure Russian consumers to offset declining sales in the U.S., Europe and Asia.

No gain without pain for European paper makers

August 20, 2008

The current slew of bad news was necessary to get European forestry companies to act, the head of the world’s top paper and board maker Stora Enso said on Wedstora_ceo_web.JPGnesday.

Audio – The waiting is the hardest part

June 24, 2008

holliday1.jpgFor Marc Holliday, chief executive of SL Green Realty Group and Gramercy Capital Corp, the Tom Petty lyrics ring especially true.

How did Abby rate her former boss?

June 10, 2008

abby.jpgAsked to give a letter grade for the performance of U.S. Treasury Secretary Henry Paulson during the credit crisis, Goldman Sachs’ senior investment strategist Abby Joseph Cohen laughed. “I spent several years where he provided a performance review to other people,” she told the Reuters Investment Outlook Summit, about the former Goldman CEO. To find out how Paulson fared in Abby’s eyes, please click here  

Survival, yes, but what about the money?

June 9, 2008

Veteran Wall Street banking analyst Richard Bove sees Lehman Brothers surviving — but he doesn’t think they’ll be making a lot of money.
   There’s just not a lot of business there at the moment for brokers like Lehman, he told the Reuters Investment Outlook Summit in New York.
    To listen to a clip of what Bove had to say, please click here

Arch: demand outstripping supply

June 3, 2008

The nation’s second-largest coal producer says “demand is outstripping our ability to supply” and expects “2009 and 2010 continuing to be strong years.”

Sybase isn’t voting for “American Idol”

May 19, 2008

simon.jpgContrary to popular belief, the smash hit talent show “American Idol” isn’t bringing in boatloads of money for everyone involved.

Tech sector growth seen strongest in the S&P 500

May 19, 2008


MAY 2008

John Butters

Director, U.S. Earnings Research

Thomson Reuters

In the S&P 500 Index, the Technology sector is expected to have the highest earnings growth of any sector at 15%. Over the past four quarters, the sector has recorded an average earnings growth rate of 16%.