Auto Parts & Equipment

Graham Corporation (AMEX: GHM) reported upbeat Q4 results on Friday. Graham reported its quarterly net income at $2.7 million, or $0.27 per, up from $0.6 million, or $0.06 per share, in the year-ago period. Its net sales surged 88% to $25.9 million from $13.8 million. However, analysts were...

Bob Howard who heads up KKR's (NYSE: KKR) Equity Strategies Group spoke at the Ira Sohn Conference yesterday, and gave two stark investment ideas. Howard, formerly of Goldman Sachs, recommended Wabco (NYSE: WBC) and HSN, Inc. (NASDAQ: HSNI). Regarding Wabco, Howard said he believes the U.S. and...

On this date in 1897, Bram Stoker first published his famous novel, Dracula. Since then, the fanged night-owl has been draining the blood of victims and capturing the hearts of readers across the globe. Let's face facts: Dracula is so much cooler than Edward, the Twilight twit. Unlike the modern...

Quantum Fuel Systems Technologies Worldwide Inc (NASDAQ: QTWW) shares advanced 40.41% to $5.42 at 9:50 am. QTWW received a fleet contract from Dow Chemical Company (NYSE: DOW). Martha Stewart Living Omnimedia Inc (NYSE: MSO) shares surged 19.63% to $4.51. MSO appointed Lisa Gersh as the company's...

Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) announced today that it has received a contract to deliver 100+ plug-in hybrid electric pickup truck fleet vehicles powered by Dow Kokam lithium ion battery technology to The Dow Chemical Company (NYSE: DOW).

Jefferies is maintaining its Hold rating and its $31 price target on Gentex Corp. (NASDAQ: GNTX) following meetings with the company's brass. According to Jefferies, “We met with GNTX management for two hours in a small group meeting. We're always impressed with the GNTX model whenever we attend...

Tenneco Inc. (NYSE: TEN) announced that the company's board of directors has approved a share repurchase program, authorizing the repurchase of up to 400,000 shares of the company's outstanding common stock over the next 12 months. The repurchase program is intended to offset dilution from shares...

U.S. investors somehow survived for 25 years with just one automotive fund.  In the last ten days their choices jumped to three.  Global X Advisors rolled out the newest entrant, the Global X Auto ETF (VROM) last Thursday (5/19/11). Global X Auto ETF tries to represent the entire automotive...

Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) announced the receipt of an AB 118 grant of $1.37 million by the California Energy Commission for launching a new generation of innovative plug-in hybrid electric system, that is expected to accelerate the mass adoption of PHEVs...

Piper Jaffray is raising its price target on shares of Johnson Controls Inc. (NYSE: JCI) to $50 from $47, and it has an Overweight rating on shares. In a note to investors, Piper Jaffray writes, "We are incrementally more confident in our FY11 estimates and the longer term growth outlook after...

Piper Jaffray has raised the price target on Johnson Controls (NYSE: JCI) from $47 to $50 and maintains its Overweight rating.

Shares of China Automotive Systems (NASDAQ: CAAS) are lower on the session by 2.91%, currently trading at $8.00. The stock has been moving largely lower over the past six months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short...

Piper Jaffray has lowered its price target on SORL Auto Parts (NASDAQ: SORL) from $8 to $6.50 in light of the company's earnings, which were recently reported. In the report, Piper Jaffray writes, “We are cutting our 2011 estimates for SORL following the company's earnings call earlier this week....

Piper Jaffray has lowered the price target on SORL Auto Parts (NASDAQ: SORL) from $8 to $6.50 and maintains its Neutral rating.

When the Kaiserschleuse Lock in the port of Bremerhaven, Germany reopened after renovation on April 29, its giant lift-and-slide gates moved on unique sliding bearings developed by Federal-Mogul Corporation (NASDAQ: FDML). Europe's largest lock has gates measuring more than 300m (328 yards) long,...