Hints and tips:
...Shares of companies with large auto-insurance businesses — ones that trade without the protection of Warren Buffett’s imprimatur, at least — have started to reflect those issues....
...Investors have long debated whether Tesla is an auto company or a tech company. We believe it’s both, but see the biggest value driver from here being software and services revenue....
...Another knock — rising delinquencies on card and auto loans — may be misleading too, argues Zandi....
...It may seem like White, 53, is the beneficiary of a world that’s become more crude, more combative, more individualistic, more honest. A world where honour culture is ascendant....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...Providers (ie Spotify, Apple et al), which improves SONG’s negotiating position. . . . . uh, great?...
...In this scenario, there's one sector self-driving is certainly bullish for: the auto manufacturers....
...Emergency services are using this to respond to fires in remote regions while insurance companies use it to check disaster claims....
...The second is that the industry as a consequence has long depended on auxiliary services — such as insurance, fuel surcharging and catching customers out on T&Cs — for profitability....
...In that story, I talk about the auto insurance enrollment, which is a bit like the UK PPI scandal. You know, people signed up for cover that they didn't necessarily need and necessarily didn't want....
...Companies are spending heavily to subsidise services: we estimate a 10-mile ride around Shanghai using Uber’s People’s Uber service would cost just Rmb24.9, while Didi’s Didi Kuaiche would charge Rmb32.7...
...(Wall Street Journal) Self-driving fitted standard by 2035 Near-universal adoption of self-driving cars in the US is likely by around 2055 and poses a long-term threat to auto insurance companies, Moody...
...Schlumberger, the world’s largest oil-services company, said on Thursday that it planned to shed 9,000 jobs as a result of the cutbacks in spending by energy groups....
...Industry insiders say that cloud-based services are needed that can connect the apps running on multiple devices, allowing users to share data and providing a central point from which to manage individual...
...auto loans....
...That is the question budding auto entrepreneurs have been battling for years. But having finally won over consumers, companies are now facing new, regulatory hurdles....
...Thank you, God bless you, and may God bless the United States of America....
...The killing of bin Laden in a US Navy SEALs raid at his compound near Islamabad on May 2 raised fears that Pakistan will face a new wave of attacks by al Qaeda and its affiliates, who are fighting to topple...
...Cigna Corporation plans to form JV with Indian company American health insurance major Cigna Corporation plans to form a joint venture with an Indian company in the next three months to foray into the...
...The company says it is ahead of similar websites Spride and GetAround in launching its car sharing service....
...MetLife’s insurance companies held $72.8bn (£47.7bn, €55.2bn) of structured finance securities at the end of last year....
...Marx is singing in his grave there in London as the US government now controls the auto, mortgage, insurance, banking, et al industries and he has not fired a shot....
...So now, it may be just some posturing around how to resolve it in terms of the payback. FT: Outside the United States, what do you predict?...
...However, with a huge economic exposure to GM, the Obama administration may decide – as it did with AIG, the insurance group – that an outsider should take the helm....
...We’ve got a lot of resilience in many respects and clearly we have problems in the auto sector but that’s a problem of global excess capacity and a cost structure problem for the Detroit-based auto companies...
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