Consumer Goods & Services News by GLG Council Members

GM - Chevy div ended up 101% of objective - hence you have to conclude that employee pricing had a positive impact.

As Zale increases its Fy09 earnings guidance, it is apparent management is promising the least likely numbers rather than the most probable ones.  Here is why investors should be concerned.

Bottom line is Sears goes as their appliance business goes.  with weakened demand and increased pressure from Lowe's and Depot there is no turnaround in sight. 5 years there will be lots of mall real estate available.  Sears customers are dying and attracting new customers is not in scope with their current format.

  More negative news for one of America's largest corporations.    GM has been improving quality all the time. People think, "Oh, Japanese cars are better".   Look at the recalls from Toyota, Nissan and Honda.  They have their share of recalls.   It's a shame that GM will take the brunt of this due to incompetent suppliers.  As usual, they'll...

When GM is offering "employee discounts" to everyone, this seems like a terrible PR move.  I mean, seriously $450K is hardly a footnote on GM's balance sheet.  As a former Congressional Hill staff member, I can tell you that this will not play well when GM asks to be bailed out.

Even with strings attached, any help the Federal Government gives to the Detroit Three, will usher in the most demanding, meddlesome period of U.S. federal involvement in the affairs of Detroit's automotive community in its history 

The proposed commercial alliance of British Airways, Iberia and American - lets call it BAAABI represents a strong consolidation on the most lucrative part of the Transatlantic market - UK-USA. Virgin Atlantic and its chairman have been waging a "BA-AA No Way" battle for years. Now its very intense. But rather than rail against the establishment - Virgin is striking now at the possibility of a hook...

Toyota Motor Corp. sees North American sales coming in at 2.70 million units in 2008 and languishing at the same level in 2009. By contrast, the Toyota group sold 2.83 million units in North America last year.

After the 12% rise in single candy bars earlier this year, the leaders in the candy market have raised prices on other parts of the line.  As most of the seasonal business had already been presented to major customers, some of the products will not go up until after the holidays have past; Halloween, Christmas, Valentines and Easter. 

There are other mechanisms to achieve where GM, Ford, and Chrysler need to be in terms of technology and product. The loans will be little more than a taxpayer funded bailout. GM, Ford, and Chrylser have not learned from the ample lessons they have had in the past, what assurances are there that they will this time.