Another subsidy is in the works, in the form of a mileage rating of 100 mpg -- allowing GM to make and sell that many more low-mileage SUVs under the cockamamie "fleet average" mileage rules.
While Italy faces the specter of un-governability, as Berlusconi noted according to the FT, analysts at the credit rating agency are hopeful that a government will form after a four week negotiation period.
Veeco shares are trading sharply lower Tuesday after CLSA Asia-Pacific Markets analyst Mark Heller cut his rating on the maker of LED manufacturing equipment to Sell form Underperform.