Mazda Not Seeking New Partner Despite Ford's Reduction in Stake
Mazda Motor is not seeking a new alliance with another auto manufacturer following Ford's recent decision to reduce its stake in the Japanese automaker.
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GM Says Employees Can Buy IPO Shares
General Motors is giving some 600,000 employees, retirees and dealers the chance to purchase stock in the resurgent company as the auto giant moves forward with its initial public offering, slated for next month.
Chrysler CEO Marchionne: We'll Take a Piecemeal Approach to IPO in 2011
Chrysler Group is likely to pursue an initial public offering of stock in "chunks" rather than one big offering and not until the second half of 2011, the company's chief executive said Thursday.
Rising Sun: Oracle Shares Expected to Keep Growing on Sun Microsystems Buy
Wells Fargo analyst Jason Maynard expects Oracle shares to keep growing in the next 12 months as the result of its acquisition of Sun Microsystems earlier this year. The company is scheduled to report its earnings Thursday.
Cisco Shares to Start Paying Dividends
Cisco Systems will pay out its first dividend within the next year, the computer-networking-gear maker promised shareholders Tuesday.
