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Ford’s (F) Turnaround Brings Accolades For CEO Mulally
Thursday, January 14, 2010 - 1:18pm | 176Ford Motor Co. (NYSE: F) Chief Executive Officer Alan Mulally, whose company gained market share in the U.S. last year while his domestic rivals went bankrupt, is the toast of the North American International Auto Show this week. At the opening press conference Jan. 11, Mulally walked onto a stage...
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Argus Expects F’s Sales Growth To Remain Strong
Thursday, January 14, 2010 - 10:24am | 103Argus has raised the target price for Ford Motor (NYSE: F) from $10 to $15. According to Argus, F has gained market share and its sales growth has been strong recently. Argus expects F’s sales growth to remain strong for at least the next couple of quarters, as the sales of several of the company’...
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Toyota To Build Plant In Mississippi (TM, AAPL)
Wednesday, January 13, 2010 - 7:53pm | 138According to Reuters, Toyota Motor Corp (NYSE: TM) is considering moving more production to North America and will build its market leading Prius hybrid at a plant in Mississippi. The Japanese giant, whose legendary operations management skills have inspired countless books, also announced that...
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Ford Downgraded At Standpoint (F)
Wednesday, January 13, 2010 - 3:33pm | 110Ford Motor Company (NYSE: F) was downgraded from buy to hold at Standpoint Research today. This downgrade comes on the heels of a massive run in shares of Ford (F). The stock has appreciated an incredible 364% in the last 52 weeks. Year to date, the high octane performance of Ford has continued,...
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Ford (F) Receives Downgrade
Wednesday, January 13, 2010 - 12:18pm | 87Standpoint Research this morning downgraded Ford Motor Company (NYSE: F) to Hold from Buy. The firm notes that shares of F are up 43% since their November 9th recommendation and beat the S&P 500 by 40%. Standpoint worries that the Ford trade has become a bit "crowded" on the long side. The firm...
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Short Selling Bets Increased Against Citigroup (C), Apple (AAPL)
Wednesday, January 13, 2010 - 11:04am | 254Short sellers sharply increased their bets against two of America’s most widely followed stocks. Shares sold short in Citigroup (NYSE: C) rose 36% to 381 million. The short interest in Apple (NASDAQ: AAPL) soared 34% to 15.6 million. Among Nasdaq stocks, other significant changes included a 13%...
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Revised Saab Offer Presented To General Motors (GRM)
Wednesday, January 13, 2010 - 9:47am | 196Swedish businessman Lars Carlstrom on Wednesday told Dow Jones Newswires that his consortium, including Luxembourg-based investment firm Genii Capital and Formula One entrepreneur Bernie Ecclestone, will submit a revised offer for General Motors Co.'s (NYSE: GRM) Swedish unit Saab before 1300 GMT...
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This Week's Most-Purchased Stocks to Date - AA, CYCC, F, C
Wednesday, January 13, 2010 - 12:48am | 124Which stocks have caught an unusual amount of investor favor this week so far? It may be good to know, since that points to the stock's undertow. Here are the stocks that are seeing an inordinate amount of buying (on upticks) relative to selling (on downticks): Citigroup Inc. (NYSE: C) Ford Motor...
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Company News for January 12, 2010 - Corporate Summary
Tuesday, January 12, 2010 - 10:26am | 310• Alcoa (NYSE:AA) reported fourth-quarter earnings excluding items of one cent a share, below estimates of 6 cents, and versus year-ago quarter’s 28 cent loss. Revenues, however, came in better than expected at $5.43 billion, although under last year's $5.68 billion. The firm blamed the results...
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Mad Money Recommendations, (MDRX, JCI, F)
Tuesday, January 12, 2010 - 9:13am | 116Jim Cramer, the host of the CNBC show Mad Money, recommends Allscripts-Misys Healthcare Solutions(NASDAQ: MDRX) and claims 2010 will be the year when a large percentage of doctors will adopt electronic health records. Sales of MDRX are up at 30% yoy and most of the federal stimulus package has not...
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Honda Motor Co. To Increase Production Forecast in 2010 (HMC)
Monday, January 11, 2010 - 2:28pm | 116Japanese automaker Honda Motor Co, (NYSE: HMC) is planning to increase its production plan to 3.59 million units for the next financial year. This is 6% up from this year’s financial year outlook on rising sales. Expected sales growth in China and sales recovery in US markets are the main reason...
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China Becomes World’s Largest Auto Market
Monday, January 11, 2010 - 11:27am | 161China supplanted the U.S. as the world’s largest auto market after its 2009 vehicle sales jumped 46 percent, ending more than a century of American dominance that started with the Model T from Fort Motor Co. (NYSE: F). The nation’s sales of passenger cars, buses and trucks rose to 13.6 million, the...
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Analysts Positive On Ratings And Targets of CVX, DHR, DOV, ETN, EMR
Monday, January 11, 2010 - 11:08am | 547Analysts at leading banks have posted mostly positive ratings and price targets for stocks across sectors. Citigroup (NYSE: C) raised Chevron’s (NYSE: CBX) rating to Buy, based on the changed long term price assumption of $80 per barrel. Other upgrades include Petrobras (NYSE: PZE) and BP (NYSE: BP...
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Fast Money Final Trade
Friday, January 8, 2010 - 7:29pm | 99The Fast Money Traders offered their trades for Monday, January 11th. Joe Terranova suggests going long Frontier Oil Corporation (NYSE: FTO). Steve Grasso is bullish on Ford Motor Company (NYSE: F). Karen Finerman suggests playing a rebound in the automotive sector by going long American Axle...
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Toyota (TM) Prius Becomes Japan’s Top Selling Car
Friday, January 8, 2010 - 9:59am | 121According to the Wall Street Journal, the Toyota Motor Corporation’s (ADR) (NYSE: TM) hybrid car, the Prius, has become the top selling car in Japan, selling 208,876 cars in 2009. This is a sign that hybrid cars have come of age. Most international auto companies have their version of eco-friendly...