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Dorman Products Enters Oversold Territory - Tale of the Tape
Thursday, December 23, 2010 - 10:51am | 109Dorman Products Inc.'s (DORM) share price has entered into oversold territory with a stochastic value of 7.86. The Zacks Consensus Estimate on the company's earnings for 2010 increased by 20 cents over the past two months to $2.42 per share. Dorman Products is a Zacks #1 Rank (“Strong Buy”) company...
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A Profit Making Gift for You
Wednesday, December 22, 2010 - 4:46pm | 1409"The trend is your friend." -Anonymous As you're getting ready to rip into those presents, and watch your friends and family tear into theirs, I've also got a gift that should attract your attention. But it's not going to be wrapped up with a bow. It...
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A Profit Making Gift for You
Wednesday, December 22, 2010 - 4:46pm | 1409"The trend is your friend." -Anonymous As you're getting ready to rip into those presents, and watch your friends and family tear into theirs, I've also got a gift that should attract your attention. But it's not going to be wrapped up with a bow. It...
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Deutsche Bank On U.S. Autos & Parts
Wednesday, December 22, 2010 - 9:42am | 334Deutsche Bank has published a research report on U.S. Autos and Auto Parts reporting December mid-month survey that points of a 4Q SAAR of 12.2MM. In the report, Deutsche Bank writes "Based on our mid-month channel checks, we estimate that the U.S. light vehicle SAAR is tracking at 12.2MM in...
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Magna Board Member Resigns
Tuesday, December 21, 2010 - 6:01pm | 36Magna International Inc. (NYSE: MGA) announced today that Belinda Stronach will be resigning from her role as Executive Vice-Chair and member of the Board of Directors, effective December 31, 2010.
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Wabco Increases Guidance, Soars To 52-Week High (WBC)
Tuesday, December 21, 2010 - 5:36pm | 228Shares of Wabco Holdings Inc. (NYSE: WBC) ended the Tuesday trading session up 9.3% at $58.77 per share. The company's stock soared after it announced an increase of of its forecast of adjusted 4th quarter net income to a range of 88 cents to 93 cents per share, up from its previous forecast of 62...
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BofA/Merrill Initiates FSYS With Underperform
Tuesday, December 21, 2010 - 8:18am | 52Analysts at BofA/Merrill initiate coverage of Fuel Systems Solutions Inc (NASDAQ: FSYS) with an “underperform” rating. The target price for FSYS is set to $28. FSYS shares gained 0.85% to close at $30.88 yesterday. More Analyst Ratings here
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BorgWarner Acquires Swedish Unit - Analyst Blog
Monday, December 20, 2010 - 12:30pm | 394BorgWarner Inc. (BWA) announced that it has signed an agreement to acquire the Traction Systems division of Stockholm, Sweden-based Haldex Group, in order to accelerate its growth in the global all-wheel drive (AWD) market. The acquisition will also help the company to build a strong customer...
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BorgWarner Acquires Swedish Unit - Analyst Blog
Monday, December 20, 2010 - 12:15pm | 394BorgWarner Inc. (BWA) announced that it has signed an agreement to acquire the Traction Systems division of Stockholm, Sweden-based Haldex Group, in order to accelerate its growth in the global all-wheel drive (AWD) market. The acquisition will also help the company to build a strong customer...
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Top Narrow Based Indexes For December 20 (BCOM, EMMS, WATG)
Monday, December 20, 2010 - 12:12pm | 201By 11:10 am, the Dow Jones Industrial Average was down 46.51 points, or 0.40%, to 11,445.40, while the broader Standard & Poor's 500 index had lost 2.22 points, or 0.18%. The NASDAQ composite index fell 7.87 points, or 0.30%. Some of the narrow based indexes that are still afloat in the...
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GM to Recall Crossovers - Analyst Blog
Monday, December 20, 2010 - 10:36am | 612General Motors (GM) announced that it will recall 111,136 units of some of its mid-size crossover lineups next month due to a defective anchor to the seatbelt buckle that could lead to injuries in a crash. The recalled lineups include Chevy Equinox (67,805 units), GMC Terrain (29,926 units) and...
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GM to Recall Crossovers - Analyst Blog
Monday, December 20, 2010 - 10:00am | 612General Motors (GM) announced that it will recall 111,136 units of some of its mid-size crossover lineups next month due to a defective anchor to the seatbelt buckle that could lead to injuries in a crash. The recalled lineups include Chevy Equinox (67,805 units), GMC Terrain (29,926 units) and...
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Stocks Going Ex Dividend the Fifth Week of December
Saturday, December 18, 2010 - 1:37pm | 757Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Autoliv Hikes Dividend - Analyst Blog
Friday, December 17, 2010 - 5:33pm | 687Autoliv Inc. (ALV) raised its quarterly dividend payment for the second time of the year by 14% to 40 cents per share from 35 cents. The raised dividend is close to the highest dividend of 41 cents paid by the company before the global economic crisis. It will be paid on March 3, 2010 to...
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Autoliv Hikes Dividend - Analyst Blog
Friday, December 17, 2010 - 5:07pm | 648Autoliv Inc. (ALV) raised its quarterly dividend payment for the second time of the year by 14% to 40 cents per share from 35 cents. The raised dividend is close to the highest dividend of 41 cents paid by the company before the global economic crisis. It will be paid on March 3, 2010 to...