-
Piper Jaffray Reports Solid Q4 Results For SORL Auto Parts
Wednesday, March 30, 2011 - 7:11am | 131According to Piper Jaffray, SORL Auto Parts (NASDAQ: SORL) saw solid Q4 results. Piper Jaffray reported that there is a lot to like about SORL's fundamentals. “The company has exposure to international auto parts markets (an under-appreciated but increasingly important space), and the management...
-
Bulls on the Loose 03-29-2011
Tuesday, March 29, 2011 - 7:12pm | 890Cusick's Corner Encouragement – that's what the market felt holding onto the gains of the Midday. This is also plays well into the bull spread strategies that I discussed a few Corners ago. Tomorrow's ADP data will be a potential catalyst for the bulls early in the session, plus if we see a...
-
Dana Reaches New International Agreements with UAW and USW
Tuesday, March 29, 2011 - 12:00pm | 62Dana Holding Corporation (NYSE: DAN) today announced that it has reached new three-year international labor agreements with the United Auto Workers and United Steel Workers, effective June 1, 2011. The agreements were recently ratified by members of both unions at 20 facilities in the U.S. and...
-
Options Brief: Johnson Controls, Inc. (JCI)
Tuesday, March 29, 2011 - 11:24am | 89Shares of Johnson Controls, Inc. (NYSE: JCI) are higher on the session by 1.43%, trading at $41.79. Overall put volume is now running at 7.74x the daily average, with 2% of all puts traded being purchases on the offer. 8,283 contracts have traded on the session so far. Johnson Controls, Inc....
-
Benzinga's Top Pre-Market NASDAQ Gainers (TRCI, SORL, LULU, BBRG)
Tuesday, March 29, 2011 - 8:11am | 159Technology Research Corporation (NASDAQ: TRCI) shares surged 39.65% to $7.15 in the pre-market session. Coleman Cable (NASDAQ: CCIX) announced its plans to buy all the outstanding shares of TRCI for $7.20 per share in a deal valued at $51.5 million. SORL Auto Parts Inc (NASDAQ: SORL) shares...
-
Wunderlich Reiterates Buy on Johnson Controls (JCI)
Tuesday, March 29, 2011 - 8:03am | 155Wunderlich is out with its report today on Johnson Controls (NYSE: JCI), reiterating Buy. In a note to clients, Wunderlich writes, "Azure Dynamics is a JCI lithium-ion battery customer and we were able to get some additional insight into the battery market during recent one-on-one meetings. As we...
-
SORL Auto Parts Reports Q4 EPS of $0.31
Tuesday, March 29, 2011 - 7:42am | 57SORL Auto Parts (NASDAQ: SORL) reported its Q4 diluted EPS at $0.31, versus the consensus of $0.23. SORL reported its Q4 revenue at $54.8 million, versus the consensus of $50.72 million. SORL shares fell 1.54% to $6.38 in after-hours trading. Read more from Benzinga's Company news.
-
SORL Auto Parts Reports Q4 EPS of $0.31 vs. $0.23
Tuesday, March 29, 2011 - 7:36am | 73SORL Auto Parts, Inc. (Nasdaq: SORL) announced financial results for the fourth quarter ended December 31, 2010. SORL's consolidated net sales were $54.8 million, an $8.9 million or 19.4% increase over the $45.9 million in the same quarter of 2009. SORL's consolidated net income attributable to...
-
Mad Money Lightning Round: Cramer Likes Gentex, Micron Technology (AES, CHS, ASNA, BTU, WLT, LLY, LYG, GNTX, MSFT, INTC, CSCO, MU)
Tuesday, March 29, 2011 - 1:22am | 315On CNBC's Mad Money, Jim Cramer said during the Lightning Round that AES Corp (NYSE: AES) is a “great play on the growth of electricity. That's an inexpensive stock." He likes Chico's (NYSE: CHS). He added, “That's a nice turn over there. It reminds me of Ascena Retail Group (NASDAQ: ASNA)."...
-
Green Energy Stocks Alert; Clean Energy Fuels
Monday, March 28, 2011 - 4:03pm | 937March 28, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com a leader in cleantech investor research, reports on recent clean energy vehicle news for investors following the sector. With the recent nuclear disaster in Japan, investors and industry are taking a more serious...
-
Options Brief: BorgWarner Inc. (BWA)
Monday, March 28, 2011 - 10:38am | 78Shares of BorgWarner Inc. (NYSE: BWA) are higher on the session by 0.60%, trading at $77.74. Overall call volume is now running at 2.28x the daily average, wit 41% of all calls traded being purchases on the offer. 1,410 contracts have traded on the session so far. BorgWarner Inc. and...
-
Top Narrow Based Indexes For March 28 (JKS, SOLR, BLDP)
Monday, March 28, 2011 - 10:36am | 194By 10:35 am, the Dow Jones Industrial Average was up 44.42 points, or 0.36%, to 12,265.01, while the broader Standard & Poor's 500 index had gained 5.14 points, or 0.39%. The NASDAQ composite index rose 7.15 points, or 0.26%. Some of the narrow based indexes that are driving the markets are...
-
China's Vice Premier Dejiang Zhang Confident in China Automotive Systems' Future
Monday, March 28, 2011 - 7:01am | 180China Automotive Systems, Inc. (Nasdaq: CAAS) today announced that on March 24th, Vice Premier of the People's Republic of China, Mr. Dejiang Zhang, toured China Automotive Systems, Inc. along with the Vice Governor of Hubei Province, Mr. Lunyi Duan, Municipal Party Secretary of Jingzhou City, Mr....
-
Fitch Upgrades American Axle's IDR to 'B+'; Outlook Stable
Friday, March 25, 2011 - 12:19pm | 115Fitch Ratings has upgraded the ratings of American Axle & Manufacturing Holdings (NYSE: AXL) and its American Axle & Manufacturing, Inc. (NYSE: AAM) subsidiary as follows: AXL --Issuer Default Rating (IDR) to 'B+' from 'B'. AAM --IDR to 'B+' from 'B'; --Secured credit facility...
-
China Automotive Systems Down 13% (CAAS)
Wednesday, March 23, 2011 - 12:35pm | 82China Automotive Systems, Inc. (NASDAQ: CAAS) shares continue to plummet, as investors continue to flee anything remotely speculative in China. At last check, shares of China Automotive Systems were off $1.16 to $7.62, a loss of 13.2% on more than 500,000 shares. China Automotive Systems, Inc.,...