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North American Toyota Production Expected to Reach 100% in September
Thursday, June 16, 2011 - 1:40pm | 66North American vehicle production levels are expected to return to 100 percent in September, Toyota (NYSE: TM) said today. Production is recovering earlier than originally anticipated following the March 11 earthquake and tsunami in Japan. On average, current production has improved to more than...
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Three Consumer Discretionary ETFs Worth Embracing, S&P Says
Thursday, June 16, 2011 - 12:40pm | 374In this environment of slack job growth and concerning economic data points on an almost daily basis, consumer discretionary ETFs may not seem like the first place investors should be rushing to, but a few may be worth a look, according to Standard & Poor's Equity Research. The research firm...
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Thursday's Mid-Day Options Volume Leaders
Thursday, June 16, 2011 - 11:07am | 85Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 115,001 contracts, 56.8% calls, 43.2% puts 2. Bank of America (NYSE: BAC) 92,613 contracts, 43.6% calls, 56.4% puts 3. Cisco Systems (NASDAQ: CSCO) 69,948 contracts, 73.9% calls, 26.1% puts 4. Ford Motor Co (NYSE: F) 59,...
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Market Roundup
Thursday, June 16, 2011 - 9:24am | 427Shares of Boeing Co (NYSE: BA) rose about 0.3% after the company lifted its projections for the global commercial aircraft market over the next 20 years. Boeing now projects demand for 33,500 aircraft worth an aggregate $4 trillion, up from its earlier long-term market forecast for 30,900 new...
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Winnebago Industries Trading over 10% Lower After Reporting Disappointing Quarterly Results
Thursday, June 16, 2011 - 8:34am | 38Winnebago Industries Inc (NYSE: WGO) reported an 80% decline in its fiscal third-quarter profit. Read more here.
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UPDATE: Winnebago Reports 80% Drop In FQ3 Profit
Thursday, June 16, 2011 - 8:02am | 86Winnebago Industries Inc (NYSE: WGO) reported an 80% decline in its fiscal third-quarter profit. Winnebago reported its quarterly profit at $1.2 million, or $0.04 per share, down from $6 million, or $0.21 per share, in the year-earlier period. The year-earlier period included a $0.08 gain on tax...
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Deutsche Bank Gives Update On Ford
Thursday, June 16, 2011 - 7:39am | 216Deutsche Bank is maintaining its Buy rating and its $19 price target on Ford Motor Co. (NYSE: F) after the company' presented at Deutsche Bank's Industrials Conference. Says Deutsche Bank, in the report “…management also provided some commentary on the near term outlook, suggesting that Q2...
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Citi Maintains Buy on Ford
Thursday, June 16, 2011 - 7:04am | 107Citi is out with its report today on Ford (NYSE: F), maintaining Buy. In a note to clients, Citi writes, "We remain constructive on auto stocks and the Ford turnaround story, and we are Buy-rated on Ford shares (1H) on a 12-month valuation-based risk/reward framework. Shares have come under...
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Citi Updates 6/16
Thursday, June 16, 2011 - 7:02am | 742Citi made a number of updates in a research report published today. Solar Capital (NASDAQ: SLRC) has been downgraded from Hold to Buy. At the same time, Citi reduced its price target on the companies stock from $28 to $26. In the report, Citi states, "We are downgrading the shares of SLRC to a...
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Earnings Scheduled For June 16
Thursday, June 16, 2011 - 12:03am | 261Research In Motion Limited (NASDAQ: RIMM) is expected to post its Q1 EPS at $1.32 on revenue of $5.15 billion. Winnebago Industries Inc (NYSE: WGO) is projected to report its Q3 EPS at $0.13 on revenue of $151.43 million. Smithfield Foods Inc (NYSE: SFD) is expected to report its Q4 earnings at $...
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Ford to Grow Its Electrified Vehicle Production Capacity to More Than 100,000 Units annually by 2013
Wednesday, June 15, 2011 - 3:24pm | 52Ford (NYSE: F) will grow its electrified vehicle production capacity to more than 100,000 units annually by 2013. Ford will triple production capacity of its electrified vehicle lineup, further boosting volumes of its all-new C-MAX Hybrid and C-MAX Energi plug-in hybrid, which begin production next...
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US Stock Futures Down Ahead Of Economic Data
Wednesday, June 15, 2011 - 5:09am | 423US stock futures are lower this morning, as investors are awaiting economic data. Futures on the Dow Jones Industrial Average dipped 64 points to 11,954.00 and futures on the S&P 500 stock index fell 7.50 points to 1,277.00. Nasdaq 100 futures dropped 12.75 points to 2,234.25. US stocks...
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Job Losses = Job Creation
Wednesday, June 15, 2011 - 2:41am | 1407Apple Inc. (AAPL) is considered the quintessential innovation company. After all, if you flip over an iPad or an iPhone it will clearly state, “Designed by Apple in California. Assembled in China.” Apple is just too busy innovating to worry about dirtying their hands by assembling products – they...
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Top 4 Stocks In The Recreational Vehicles Industry With The Highest Cash
Tuesday, June 14, 2011 - 11:41pm | 130Below are the top recreational vehicles stocks on the NYSE and the NASDAQ in terms of cash. Harley-Davidson Inc (NYSE: HOG) had $778.23 million in total cash and $5.69 billion in total debt for the latest quarter. Polaris Industries Inc (NYSE: PII) had $346.32 million in total cash and $200.02...
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Stocks To Watch For June 15
Tuesday, June 14, 2011 - 11:14pm | 291Some of the stocks that may grab investor focus today are: Wall Street expects Finisar Corporation (NASDAQ: FNSR) to report its Q4 EPS at $0.33 on revenue of $242.89 million. FNSR shares rose 0.84% to $19.20 in after-hours trading. Clarcor Inc (NYSE: CLC) reported a 37% surge in its second-...