Auto Parts & Equipment

Shares of Quantum Fuel Systems Technologies Worldwide (NASDAQ: QTWW) are higher on the session by 11.13%, currently trading at $5.29. The stock has been moving largely lower over the past six months, though it is currently trading above the 50-day moving average. Options traders are buying calls...

Magna International Inc. (NYSE: MGA) today announced that it has entered into a U.S.$2.25 billion four-year revolving credit facility with a group of lenders. The facility, which matures on July 8, 2015, replaces an approximately U.S.$2.0 billion revolving credit facility that was set to expire on...

TRW Automotive Holdings Corp. (NYSE: TRW) today provided an update to its press release of June 9, 2011 regarding government antitrust inquiries. On June 7, 2011, European antitrust authorities visited certain of the Company's Occupant Safety Systems business unit locations in Germany to gather...

WABCO Holdings Inc. (NYSE: WBC) today announced that the company signed on July 8, 2011 a new five-year multi-currency revolving credit facility of $400 million. Based on the attractive financing that loan markets are currently offering, the company has taken the opportunity to tailor the facility'...

Cusick's Corner Buyers showed up at the close, and I am holding the long deltas in the S&Ps and short deltas in the bonds over the weekend. The thought process is that next week we have earnings plus the anticipation for solid numbers that could potentially start to drive the market early. The...

Throughout the years of rapid sector-specific expansion in the exchange traded products universe, one industry was always conspicuous by its absence: The automotive industry. Considering this is a key industry in the U.S. and in major developed economies such as Germany and Japan, the lack of an...

Cusick's Corner The macro picture in the US is not as rosy as the market was picturing. But by no means does this mean that we are in a major trend shift, in fact this is a market that is still in an uptrend. The question is what the Fed will do now that QE is off the table and Washington is still...

Autoliv, Inc. (NYSE: ALV) shares are plunging on heavy volume, down almost 10%, as the company is still being probed by the Department of Justice and the European Commission about antitrust issues. The Swedish-based company said this morning that its operating results and cash flows could be...

Losers: XL Group (NYSE: XL) is trading down nearly 9% near $20.50. Autoliv (NYSE: ALV) is trading down over 8% near $73.10, after the DOJ and EC began investigating the company for potential anti-trust violations. Check Point Software (NASDAQ: CHKP) is trading down over 5.5% near $54.78. Dollar...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session (listed from highest total volume to lowest): 1) Shares of Level 3 Communications hit...

TRW Automotive Holdings Corp. (NYSE: TRW), today announced plans to expand its electrically powered steering systems manufacturing in Poland, in support of growing demand from a range of vehicle manufacturers. Approximately 9,000 square meters of additional manufacturing space will be established...

Affymetrix Inc (NASDAQ: AFFX) dipped 17.63% to $6.59 in the pre-market session. AFFX issued downbeat Q2 revenue projections. Quantum Fuel Systems Technologies Worldwide Inc (NASDAQ: QTWW) dropped 6.76% to $4 in the pre-market trading. QTWW's trailing-twelve-month operating margin is -82.93%....

KeyBanc upgraded its rating on American Axle & Manufacturing Holdings (NYSE: AXL) from Hold to Buy. At the same time, the rating agency initiated its price target at $15. On Tuesday, AXL closed the day at $10.95. Its shares added 3.93% to their value in today's pre-market trading to stand...

Analysts at Wunderlich Securities upgraded Ener1 Inc (NASDAQ: HEV) from “sell” to “hold.” HEV's shares closed at $1.00 yesterday. Ener1's trailing-twelve-month revenue is $89.51 million. Analysts at Citigroup upgraded FXCM Inc (NYSE: FXCM) from “sell” to “hold.” FXCM's shares closed at $10.42...

Johnson Controls (NYSE: JCI) recently entered the smart grid demand response industry through its acquisition of EnergyConnect Group Inc. (OTCBB: ECNG). The acquisition will enable the company to help building owners and operators manage how much energy their buildings consume and when the energy...