-
STRATTEC Security Corp. - Aggressive Growth
Thursday, January 13, 2011 - 3:01am | 499STRATTEC Security Corp. (STRT) just received a very bullish estimate revision heading into an upcoming earnings release. Shares are trading at a good value, but is this Zacks #1 Rank (Strong Buy) too speculative? Company Description STRATTEC designs and makes Access Control Products for the...
-
STRATTEC Security Corp. - Aggressive Growth
Thursday, January 13, 2011 - 1:00am | 499STRATTEC Security Corp. (STRT) just received a very bullish estimate revision heading into an upcoming earnings release. Shares are trading at a good value, but is this Zacks #1 Rank (Strong Buy) too speculative? Company Description STRATTEC designs and makes Access Control Products for the...
-
BB&T Downs MPAA To Hold
Wednesday, January 12, 2011 - 9:55am | 41Analysts at BB&T downgrade Motorcar Parts of America Inc (NASDAQ: MPAA) from “buy” to “hold.” MPAA shares closed at $14.36 yesterday. More Analyst Ratings here
-
BorgWarner Guides to 35-40% Earnings Growth in 2011
Wednesday, January 12, 2011 - 9:15am | 973BorgWarner (BWA) pushed out a press releases yesterday, highlighting more good news for the company in terms of guidance for 2011. Not so surprising, the stock reacted very little to the news since this stock, like many others, has been rallying almost non stop on anticipation of future good news...
-
Dana Holding Corporation Reaches Settlement with Toyota
Wednesday, January 12, 2011 - 8:27am | 111Dana Holding Corporation (NYSE: DAN) announced today that it has reached a settlement with Toyota Motor Engineering & Manufacturing North America, Inc., for warranty claims related to frames produced by the company's former Structural Products business. Under terms of the agreement, Dana will...
-
China Automotive Systems Climbs 9.9% (CAAS)
Tuesday, January 11, 2011 - 4:17pm | 136Shares of China Automotive Systems, Inc. (Nasdaq: CAAS) are trading up 9.9% at $14.47 per share during the Tuesday afternoon trading session. The day's trading range for shares of China Automotive Systems, Inc has been between $13.44 and $14.60 per share. Analysts covering China Automotive Systems...
-
Exide Technologies Awarded New Contract With Chrysler
Tuesday, January 11, 2011 - 3:01pm | 71Exide Technologies (Nasdaq: XIDE) announces a new supplier agreement with Chrysler. Under this agreement, Exide will begin shipping flooded lead-acid batteries, produced at its Bristol, Tenn., facility, to the automaker in July and then transition to supplying Exide's advanced lead-acid AGM...
-
Goldman Sachs Continues To See Upside In Lear Corp 2011 Guidance
Tuesday, January 11, 2011 - 12:17pm | 197Lear Corp. (NYSE: LEA) introduced its 2011 guidance in conjunction with its presentation on Tuesday at the Detroit auto show. The company guided to revenue of $12.6 bn-$13.0 bn with a mid-point of $12.8 bn; below Goldman Sach's and the Street estimate of $13.1 bn. Lear forecasts operating income...
-
Top Narrow Based Indexes for January 11 (TGB, CAAS, SWC)
Tuesday, January 11, 2011 - 12:02pm | 187By 11:00 am, the Dow Jones Industrial Average was up 51.92 points, or 0.45%, to 11,689.37, while the broader Standard & Poor's 500 index had gained 5.46 points, or 0.43%. The NASDAQ composite index rose 8.58 points, or 0.32%. Some of the narrow based indexes driving the markets are Copper...
-
BorgWarner Expects 2011 Earnings Growth of 35% to 40%
Tuesday, January 11, 2011 - 12:01pm | 239BorgWarner Inc. (NYSE: BWA) today provided 2011 earnings guidance of $3.85 to $4.15 per diluted share, which implies earnings growth of 35% to 40% as compared to 2010 earnings guidance of $2.85 to $2.95 per diluted share. "In 2011, we expect another record year for sales and earnings," said Tim...
-
J.P. Morgan Expects Neutral Reaction On LEA Guidance
Tuesday, January 11, 2011 - 10:02am | 106Lear Corporation (NYSE: LEA) provided formal 2011 guidance and updated backlog figures ahead of the Detroit Auto Show, J.P. Morgan reports. “Specifically, LEA sees 2011 revenues rising to a range of $12.6-$13.0B (below consensus' $13.2B and in-line with JPMe $13.0B) and 2011 core operating earnings...
-
Honeywell's Expectation for FY11 - Analyst Blog
Monday, January 10, 2011 - 4:36pm | 867Strong 2010 performance increased Honeywell International Inc.'s (HON) expectations for 2011. Sales for the year are expected by the company to grow by 6% to 9% year over year to a range of $35 billion to $36 billion. Earnings per share, on proforma basis, are expected to be in the range of $3.50...
-
Honeywell's Expectation for FY11 - Analyst Blog
Monday, January 10, 2011 - 4:12pm | 867Strong 2010 performance increased Honeywell International Inc.'s (HON) expectations for 2011. Sales for the year are expected by the company to grow by 6% to 9% year over year to a range of $35 billion to $36 billion. Earnings per share, on proforma basis, are expected to be in the range of $3.50...
-
Trading The Auto-Show (F, GM, TSLA, BWA, JCI)
Monday, January 10, 2011 - 1:44pm | 236The Detroit auto-show is currently open to the press and will be open to the public from January 15th through January 23rd. Most all of the auto-related names are moving higher during Monday's trading session, and the auto-show may prove to be a significant catalyst for these stocks. In the...
-
Rumored $25 Bid For American Axle & Manufacturing -Unconfirmed (AXL)
Monday, January 10, 2011 - 11:12am | 116Hearing chatter and circulating rumors that MGA will make a $23-25 cash bid for American Axle & Manufacturing Holdings (NYSE: AXL). This article may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be correlated with...