Half-Time RakedIn Report
By Taryn Cooper, at 1:12 pm on July 1st, 2009Today, the third quarter of 2009 is born (not to mention, the second-half).
Markets were up midday, in response to positive economic data released this morning. Despite more private sector job losses, markets rallied on positive manufacturing data and a rise in pending home sales.
Oil prices also fell today, according to the article, with NYMEX falling $0.51.
Ford Motor Co reported its June sales, which were lower but surprisingly (not) had a higher market share. Wonder what that was in response to? (Check out our RakedIn.com Ford page here)
Chrysler June sales were 42% down, according to a breaking report from MarketWatch. (Check out Chrysler’s RakedIn profile here)
In some more potentially bad news for General Motors, the U.S. government is reportedly looking to pull funding by July 10 if a sale is not made before then. OUCH.
