Sorry, you’re going to put up with another GM restructuring story. Think positive, there’s only about 30 days left to go. Anyway, the bondholders plan to present a counteroffer to the company and government that is shall we say a bit different than what’s on the table. From the WSJ, here’s the new proposal: The […]
Archive for April 29th, 2009
Wal-Mart Sees Some Encouraging Signs In Sales Mix
Posted by Tom Lindmark on April 29th, 2009
I’m a big fan of Wal-Mart but not as a shopper. I think that the enormous data they mine from their network on a real time basis provides the best insight to the American consumer available. So, when they come out with information I take note. Here is their latest announcement: Wal-Mart Stores Inc’s U.S. […]
Q1 GDP: Miserable But Maybe The Bottom
Posted by Tom Lindmark on April 29th, 2009
The headline number today is the 6.1% drop in GDP for the first quarter. Expectations were for a drop of 4.7%. Let me give you a few of the key statistics and then I thought it might be worthwhile to share some of the commentary I found on the Web today. The key factor in […]