The News Review:
- Ford May Seek US Help as Economy Imperils Sales
- Many states’ lottery sales are rising in recession
- Red Hat names new North American sales VP
- racle Reportedly Cuts Some Sales Marketing Staff
- Ford verhauls Taurus to Put Halo on Ex-Sales Leader
Ford May Seek US Help as Economy Imperils Sales
Bloomberg
light-vehicle sales will reach 12. 2million units this year almost 2 million more than theannualized sales rate over the last 3 months. Chrysler LLCforecasts that sales may reach 11 million while General MotorsCorp. projected a range yesterday of 10 million to 11 million. ?The market will not reach 12. 2 million units this yearno way no how? said.
Related from Champcarnews: Ford Expects 35% Drop In December US Auto Sales
Many states’ lottery sales are rising in recession
The Associated Press
(AP) — Even in these tough economic times many people are feeling lucky. More than half of all states with lotteries have reported rising sales over the past six months and some researchers say financial insecurity might be driving people to risk more of their money than usual on $1 and $5 instant scratch-offs and other daily games in hopes of a big payoff. “Someday somebody is going to win and I hope it is me” said Albert Atwood of Nashville who spends $100 weekly playing the Pick 5 and Lotto Plus. “I imagine that I would be a heap better off if I saved this money but everybody has dreams. “Driven by regulars like Atwood and a growing number of occasional players 25 of 42 states with lotteries have experienced higher sales of scratch-off and daily lottery games since July according to Scientific Games a maker of scratch-offs.
Red Hat names new North American sales VP
Bizjournals.com NC
_C250CC4BF9DF43C4AB6A05EAE86A8B41. to lead its sales team in North America. Raleigh-based Red Hat (NYSE: RHT) says Greg Symon is the company’s new vice president and general manager of North American sales.
racle Reportedly Cuts Some Sales Marketing Staff
Barron’s Blogs
gif) 100% 0 no-repeat;} ul. twoColCats {margin:0; padding:0; } ul. twoColCats li { display:block; float:left; width:50%; }. ur sense is that the current reduction was well planned and not a hasty reaction to an unplanned event he writes in a research note. Klasell says a 3%-4% reduction in sales and marketing expense and a 2% reduction in general and administrative expenses will boost profits by about a half-cent a share per quarter. Klasell maintains his verweight rating and $24 price target on the stock.
Ford verhauls Taurus to Put Halo on Ex-Sales Leader
Bloomberg
sales of arevived version last year totaled 52667 just 13 percent of theTaurus?s 1992 peak volume. ?It doesn?t have a shadow of a chance of becoming the top-selling car? said. Buyers?tastes are shifting to smaller models he said.