Chrysler zero percent financing fails to move 2006 models
Detroit area dealers say Chrysler Group plans for 72 month zero percent financing on 2006 models will not boost sales. They note the deal targets only near perfect credit and compare unfavorably with Ford incentives aimed at broader buyers. Analysts warn such offers risk customer disappointment and dealer reputational damage while inventories remain high.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Group
Ford
Chrysler
Dodge
Jeep
Ford Motor Co
General Motors Corp
Dearborn
Southeastern Michigan
Auburn Hills
Mich
Rebecca Lindland
Global Insight
New England
Chrysler Financial Services
Joe Eberhardt
Eberhardt
Kevin McCormick
Michigan
Wall Street Dips as Investors Await August Jobs Data
Wall Street ended a narrow session barely lower as investors shrugged off comments by Fed Chair Bernanke and waited for the August employment report. Markets held gains for August while weighing productivity trends, inflation, and the pace of potential rate moves.
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Wall Street
New York
Federal Reserve
Ben Bernanke
Bernanke
Fed
Commerce Department
Labor Department
David Sowerby
Loomis, Sayles & Co
Consumer spending climbs in July boosting early back to school
Consumers increased July spending by 0.8 percent the strongest rise in six months and a rebound in auto sales supported August back to school shopping gains led by Wal Mart Abercrombie and Fitch Wet Seal and other teen retailers. Analysts say higher consumer spending supports growth though confidence must stabilize to sustain momentum.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Wal-Mart Stores Inc
Abercrombie and Fitch Co
Wet Seal Inc
Mark Zandi
Moody’s Economy.com
Grain futures mixed as soybeans slip and grains rise
Soybean futures dropped slightly on the Chicago Board of Trade while grains advanced early. Wheat for September gained 3 cents to 4.00 a bushel, September corn rose 1 cent to 2.28 a bushel, and oats climbed 2 cents to 1.78 a bushel, while soybeans fell 1 cent to 5.41 a bushel according to The Associated Press.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Stockyards Springfield Hogs and Carcass Prices Report
Eastern Cornbelt carcass prices for 0.5 to 0.9 inch bf range from 62.50 to 74.64 with varying bids. Today's Illinois Direct Hogs show 10,918 negotiated purchases, trading steady to 1.00 lower amid light to moderate demand and offerings. 1-3 300-400 Ibs 32.00-33.00, 400-500 Ibs 33.00-34.00, 500-600 Ibs 34.00-36.00, over 600 Ibs 35.00-38.00. Boars under 300 Ibs 26.00-30.00, over 300 Ibs 12.00-15.00.
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Alcoa Inc
Coke
Kerr McGee
Regions Financial
Altria Group Inc
Kinder Morgan
Ryerson Tull
CVS Corp
Kroger
Sears Holding
Lee Ent
Southern Co
Tote Mara
Dillard's
Southwest
Dollar General
McDonalds
Sun Micro
Ops Financial
DuPont
Super Valu
Federated Dept
Microsoft
Unova
Baker Hughes
Fifth Third
Mips Technologies
First Data Corp
Nbty Inc
USG US Bancorp
Bob Evans
Ford Motor Co
Nucor
Verizon
Boeing
Ford Motor Cup
Occi
Petrol
Walgreens
BP Amoco
Gen. Dyn
O'charley’s
Wal-Mart
Brunswick
Gen. Motors Sun
Nat. Banc
Wave Wireless
Burger King
Halliburton
Integra
ProFac Coop
Securities, Inc. Cinf
JC Penney
Prudential
Clear Channel
Jones Sada Co
Qualcomm
NYSE
SIPC
New York
Hilton
Brazil
AMR
iShJapan
At&tine
AbtLab
IntiGame Amd
Jpmorgch
Advo
Johnin
Aetna
Kinross
Alcatel
Lsilog
Alcoa
Lehmner
Altria
Amovill
Lockholm
AmExp
Lowes
AmintGp
Lucent
Anadark
Lyondell
BiSves
Memc II
Barrickg
Micront
BellSouth
Motorola
BemaGold
Nabors
NatSemi
BestBuy
Newmtm
BostonSci
NokiaCp
Nordstim
Burlnsf
NorteiNt
CMS Eng
Cvscp
OcciPet
Carnival
Olin
Caterpillar
Peabdye
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Penney
ChesEng
Pfizer
Chevron
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Chicos
QwestCm CircCity
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Citigro
RiteAid
ClearChan
Rowan
Coach
RyiCarb
Cocacl
Slmcp
Coeur
Safeway
CVRD
Sara Lee
Schergel
ConocPhil 1
Schimb
Corning
Seagatet
Deere
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Devone
SprintNex
Directv
Itgold
Disney
Dollarg
TaiwSemi
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Target
TenetHith
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Tiffany
EOG
TimeWarn
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Golderp
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Weathfint
Hallibth
WellsFge
Hess
Wyeth
Hewlett P
Springfield
Illinois
Associated Press
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