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Hyundai’s Shares Drop As It Halts U.S. Sales Of 2011 Sonata (TM)
Wednesday, February 24, 2010 - 11:28am | 256Hyundai Motor Corp. has halted sales of its 2011 Sonata sedan in the U.S. due to potential faults in the front-door latches that could affect 5,000 vehicles, according to the company’s spokesman. Amid concerns that Hyundai may also get trapped in a damaging recall crisis like Toyota Motor Corp. (...
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Stock Market News for February 24, 2010 - Market News
Wednesday, February 24, 2010 - 9:57am | 451U.S. stocks fell Tuesday after a surprise drop in consumer confidence spurred concern about the strength of the economic recovery. A weak reading on a German industrial sentiment index further soured sentiments even as Home Depot came out with better-than-expected quarterly numbers and announced a...
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US Stock Futures Point To A Lower Opening
Wednesday, February 24, 2010 - 8:49am | 204US stock futures held steady today, pointing to a lower opening, as traders awaited Fed Reserve Chairman Ben Bernanke's testimony and remained unwilling to commit in the market. While futures on S&P 500 lost 1.5 points to 1095.70, those on Nasdaq 100 gained three-quarters of a point to 1801.70...
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Cramer's 'Mad Money' Recap: Dividend Play (TM, HD)
Tuesday, February 23, 2010 - 3:15pm | 225NEW YORK (TheStreet) -- Companies are performing far better than the headlines would drive you to believe, Jim Cramer told viewers of his "Mad Money" TV show midday Tuesday. Cramer said the consumer is feeling less confident, given a Republican upset in Massachusetts, a wave of Toyota (NYSE: TM)...
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James Lentz, Toyota’s (TM) US Chief Apologizes
Tuesday, February 23, 2010 - 2:02pm | 137James Lentz, Toyota Motor Corporation’s (ADR) (NYSE: TM) sales chief in US, believes that there is no problem with the electronic throttle control system in Toyota’s vehicles, according to a report by the Wall Street Journal. Lentz’s view is in contrast to the view of lawmakers who have said that...
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Best Deals For February 23, 2010 As Believed By Fast Money Final Trade (F, HMY, MYL, SKS, RSH, S)
Tuesday, February 23, 2010 - 8:26am | 245According to Fast Money Final Trade on CNBC, today’s best trades are likely to be the following: Ford Motor (NYSE: F): Joe Terranova believes that investors should take a long position on F. F’s shares fell 0.18% to $11.19 in after hours trading. Harmony (NYSE: HMY): According to Tim Seymour,...
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Honda Motor Co. (HMC) Exports Down, Domestic Sales Up
Tuesday, February 23, 2010 - 7:26am | 89Honda Motor Co. (NYSE: HMC) announced that exports for the month of January were down 48% from the year before. European sales were the hardest hit, with a drop of 75.5%, while sales in Asia actually rose 7.9%. While exports dropped, domestic sales increased by 40%. Production was up, both in Japan...
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Fast Money Picks For February 23rd (F, HMY, MYL, SKS)
Monday, February 22, 2010 - 7:46pm | 135CNBC's Fast Money Tim Seymour said in the segment of the show called Final Trade that he would buy Harmony Gold Mining Co. (ADR) (NYSE: HMY) on Tuesday. Harmony (HMY) fell 1.51% and closed at $9.14 today. Joe Terranova likes Ford Motor Company (NYSE: F), while Pete Najarian recommends Mylan Inc. (...
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Interpublic Initiated as Neutral - Analyst Blog
Monday, February 22, 2010 - 4:23pm | 532Recently, we initiated The Interpublic Group of Companies, Inc. (IPG), with a Neutral recommendation. The third-largest advertising company in the world continues to look for strategic investments that will position it to capitalize on the emerging markets. In 2007, the company made investments...
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A Portfolio That Delivers Growth & Dividends
Sunday, February 21, 2010 - 11:25am | 587A portfolio is constructed from many different stocks, and I have a continued theme that may attract your interest. Dividends are a large part to investing, even though they may seem to be insignificant in the short run. When dividends are reinvested, they create large gains over time with the...
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Honda (HMC) Passes Toyota (TM), Tops U.S. Auto Sales
Friday, February 19, 2010 - 8:32pm | 124Honda Motor Co. (NYSE: HMC) has benefited from the Toyota Motor Corporation (NYSE: TM) recall debacle by becoming the number one selling car brand in the U.S., according to a survey by TrueCar.com. Honda's market share climbeD to 13% over the last month. Toyota's market share collapsed from 17.5%...
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Company News for February 19, 2010 - Corporate Summary
Friday, February 19, 2010 - 10:23am | 197• Reports say Schlumberger (NYSE:SLB) is in talks to buy Smith International (NYSE:SII) for an estimated $9 billion • CBS (NYSE:CBS) posted inline four quarter earnings of 25 cents ex-items on revenues of $3.50 billion, up from Zacks estimates of $3.44 billion • Dell (NASDAQ:DELL) reported adjusted...
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Toyota Motor Corporation’s (TM) Chief Prepares To Testify In Front Of Congress
Friday, February 19, 2010 - 8:18am | 121Toyota Motor Corporation’s (ADR) (NYSE: TM) chief, Akio Toyoda, is ready to provide an explanation to Congress about the faults in some of the company’s vehicles that has led it to recall millions of them. Toyoda initially was reluctant to testify in front of the Congress about the safety issues...
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Top 5 Stocks In The Consumer Goods Sector With Highest Cash (TM, F, PC, HMC, KO)
Friday, February 19, 2010 - 8:14am | 256Below are the top 5 consumer goods stocks on the NYSE and NASDAQ in terms of cash. Toyota Motor Corp (NYSE: TM) had $44.41 billion of total cash in the most recent quarter. TM had debt liabilities of $140.49 billion during the same period. Read more about this company here. Ford Motor Co (NYSE: F...
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Group 1 Automotive (GPI) Upgraded To Buy
Thursday, February 18, 2010 - 4:36pm | 80Shares of auto retailer Group 1 Automotive, Inc. (NYSE: GPI) are up nearly 5% for the day. Soleil Securities upgraded the shares from Hold to Buy and raised the price target from $35 to $36. Analysts believed that the recent drop in the company's stock was due to an overreaction to the possible...