Financial news 1/2/2007

GM reveals car it hopes will tame Toyota 3:57pm: New Chevy Malibu boasts a better interior and a sleeker outside appearance as it goes head to head with Camry and Accord. (more)
Bank of America execs depart 12:17pm: Former heads of equity financial products structured products leave after reorganization. (more)
Securities fraud suits plunge 10:46am: Stanford study finds class-action suits dropped 38 percent from 2005 to 2006; stepped-up enforcement seen as key. (more)
Maximize your financial aid 10:27am: College applications may be out the door, but your work isn't done. Financial aid season starts Jan. 1. (more)
The 35 most outrageous fees (and how to avoid them) 10:23am: Here's what to watch out for in travel, banking, credit cards, real estate, investments and more. (more)
Ford reveals Mustang-based concept 10:22am: 400-horsepower 4-door concept has underpinnings of famous sibling, but with more room for kids. (more)
Are you on track? 10:20am: You've got big goals, and you're working hard to reach them. Yet there's that little voice inside your head that wonders... (more)
Lennar warns on earnings 10:18am: Home builder sees no sign of market recovery, cuts fourth quarter earnings target again; write downs and asset revaluations will cause net loss. (more)
DaimlerChrysler seen settling with insurers 10:10am: Automaker to recover $221.5M from companies in class-action settlement over merger dispute - report. (more)
Stocks: Rating the winners of 2006 9:06am: Ten of the Sivy 70 returned at least 30 percent last year. Here's how those stocks shape up for 2007. (more)
Nucor to buy Harris Steel for $1.1 billion 8:34am: Canadian steelmaker Harris Steel Group, on the market since December, agrees to be bought by Nucor for 6 percent premium. (more)
Strong chip sales seen in '07 8:17am: Global semiconductor sales seen rising 10 percent in 2007, according to latest outlook from Semiconductor Industry Association. (more)
Boeing gets India airline order 7:47am: Jet Airways to buy 10 787 Dreamliners valued at up to $1.6 billion. (more)
Apple options probe said to focus on ex-execs 7:28am: Report says investigation centers on former financial chief and general counsel; attorneys for both deny wrongdoing. (more)
Hyundai sees revenue surge in 2007 7:02am: Korean automaker expects global growth to more than double; some analysts skeptical. (more)
Euro strengthens to record vs. yen 6:43am: Trading thin due to U.S. day of mourning, market holidays in Asia. (more)
New uncertainty in Suez-Gaz deal 6:22am: Pinault's refusal to rule out bid for Suez creates another obstacle to $102 billion French utility deal. (more)
AT&T said to plan wireless push 5:57am: Now that BellSouth deal is complete, report says No. 1 telecom company will market mobile service under its own brand name. (more)
Mild weather leaves oil cold 5:24am: Trading limited due to U.S. day of mourning, holidays in Japan and Singapore. (more)