Are Big 3 now big bargains
James K. Glassman argues Ford, GM and Chrysler present a bargain case as Ford shows strong profits, cash, and a low P/E while GM trades at a low multiple amid labor costs. He cites Asia’s crisis as a potential stabilizer, with Maryann Keller rating Ford and GM as strong buys and noting Asia’s impact on pricing and demand.
MENTIONED IN THIS ARTICLE
Maryann Keller
ING Baring Furman Selz LLC
Ford
Asia
U.S
Keller
Paper-Free Office Gains Ground at Owens Corning
Owens Corning in Toledo leads a shift toward electronic communications with a nearly paperless office. CIO Michael Radcliff says paper is a convenience item, not essential, and the move aims to speed decisions and boost productivity by about one percent annually.
MENTIONED IN THIS ARTICLE
Keller
Korea
Japan
Ford
Pony Express
Michael
Radcliff
Toledo
Owens Corning
U S
Mike Radcliff
Summer Can Bring Tax Breaks Spanning Vacation Rules
A tax advisor notes summer offers deductions for mixed pleasure and business travel. Writers can include family in business trips and deduct travel, hotel, and meals for business purposes while nonbusiness leisure costs are disallowed. Rental of vacation homes may yield breaks with careful rule adherence.
MENTIONED IN THIS ARTICLE
New York
James DiGesa
Kpmg Peat Marwick
Pioneering Headphone Firm Surges After Tumultuous Years
Milwaukee's Ross Corp, founded in 1958 by John Ross Sr and partner, pioneered stereo headphones with two tiny speakers and odd materials. Now led by Michael Ross and Michael Koss, the firm counts record sales of 39.6 million and profits of 3.6 million, while Sony dominates the global market.
MENTIONED IN THIS ARTICLE
McDonald’s Corp
Ford
Standard & Poor
S&p
Milwaukee
John Ross Sr
America
Ross
Ross Corp
Ness
Sony
Michael
Michael Ross
Michael Koss
Koss
John Jr
David Leibowitz
Burnham Securities
Koss Corp
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James K. Glassman
The
Washington Post
General Motors Corp
Ford Motor Co
Chrysler Corp
Daimler
Benz AG
Chrysler
Barbara Korinko
Salma Fowler
Alcoa Corp
Pittsburgh
Alcoa