Nancy Lottridge Anderson, Ph.D., CFA, and her staff offer expert advice and personal service. We offer our services on an hourly or retainer basis for our clients. Our services include account management, stock and economic research, retirement planning, and 401k slate analysis. We manage investment accounts of any size and tailor the portfolio to meet your specific needs. For clients of ours, we are available to help with any financial situation you face.
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Tuesday, February 07, 2006
GM's Plan
Thousands gathered today to mourn Mrs. Coretta Scott King. Several Presidents attended the service today in Georgia, which was led by Bishop Eddie Long, leader of New Birth Missionary Baptist Church in Lithonia. Mrs. King died January 30th, at the age of 78.
GM is finally on the road to recovery. It announced its plan to halve its dividend, cut executives' pay, and reduce health and pension costs, although CEO Wagoner still couldn't predict when the car giant would return to profitability. Its competitor, Toyota, however is doing remarkably well, announcing strong sales in North America.
Despite a $2 drop in oil prices and another surge by Disney, the Dow was down today. But thanks to some blue skies and high hopes for GM, my chin is still up!
DJIA: -48.51
Nasdaq: -13.84
S&P 500: -10.24