Is this the end of Amazon.com’s (NASDAQ:AMZN) Kindle DX? The 10-inch version has been discounted on the company’s website to under $300 and will be only available from ‘used’ dealers. Amazon might reconsider the larger-size format someday, but the DX is thought too heavy to remain competitive in the current tablet environment.
Volvo (VOLVY.PK) is ceasing production, for a minimum of a week, at a Swedish factory to make up for slumping demand. This pullback by Volvo matches the overall pattern of its peers on the Continent, but the fact that the firm is also backtracking in China could hit it harder than the others.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
Ford Motor Company (NYSE:F) launches an updated Figo model in India to try to make the vehicle more attractive to a broader range of consumers. The idea is apparently to go with a sportier appearance with its subcompact as the automobile industry matures in that country.
Mindful of anti-obesity campaigns afoot, the cereal sellers Nestle (NSLYF.PK) and General Mills (NYSE:GIS) will cut sugar and salt content in children’s breakfast cereals that they jointly market overseas by perhaps 30 percent. As many as 5.3 billion portions of the cereals could be impacted by the change.
Don’t Miss: Tesla Motors Dips Lower: Is It Too Soon For Electric Vehicles?
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More
There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more
At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more