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Ford Motors (F) Had a Good Year In China
Thursday, January 7, 2010 - 3:17pm | 100Ford Motors (NYSE: F) had a good 2009. Its China sales grew by record 44% Year-on-year in 2009. Ford, along with its Chinese partners sold more than 440,000 vehicles. Tax cuts on small engine vehicles helped boost the sales of Focus compact and Fiesta subcompact car. According to a statement...
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U.S. Auto Industry Stands Up - Analyst Blog
Wednesday, January 6, 2010 - 4:01pm | 753The U.S. auto industry showed signs of revival last month in the absence of any federal government incentive program such as “Cash for Clunkers." Auto sales soared 15% to 1.03 million in December after the market bottomed in November. Sales exceeded 1 million for the second time in the year,...
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Stock Market News for January 06, 2010 - Market News
Wednesday, January 6, 2010 - 9:59am | 430Mixed economic data and a rising dollar pressured stocks Tuesday, sending major indexes off their multi-month highs, but markets regained their footing late in the session helped by a rally in financial and banking shares. Sentiments on the Street drifted between hopes and concerns as yesterday’s...
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General Motors Loses Market Share To Ford (F) and Toyota (TM)
Wednesday, January 6, 2010 - 9:33am | 153General Motors Co. lost U.S. market share to Ford Motor Co. (NYSE: F) and Toyota Motor Corporation (ADR) (NYSE: TM) in December as the government-controlled automaker failed to take advantage of improving consumer demand. GM light-vehicle sales fell 5.7 percent, worse than analysts’ estimates,...
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Microsoft (MSFT) And Kia Collaborate On Hands Free Car System
Wednesday, January 6, 2010 - 7:12am | 130Kia Motors America and Microsoft Corp. (NASDAQ: MSFT) are partnering to provide a new system that will allow drivers and passengers to make phone calls and control a car's audio system through voice commands. Called UVO, the hands-free system will be offered in several Kia vehicles by year end,...
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Should You Buy the Big Winners of 2009?
Tuesday, January 5, 2010 - 6:04pm | 484There are almost as many trading strategies as there are investors in the market. That’s why countless newsletters, stock services, and web sites sell their picks to anyone with a credit card. Investment publishing is big business. Though most publishers tack on tiny disclaimers saying something...
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Top 5 Large-Cap Stocks In The Consumer Goods Sector With The Highest Revenue Estimates (HMC, F, PC, PG, SNE)
Tuesday, January 5, 2010 - 7:56am | 209Below are the top 5 large-cap consumer goods stocks on the NASDAQ and the NYSE in terms of revenue estimates. The revenue estimate for Honda Motor Co Ltd (NYSE: HMC) for this quarter is $121.11 billion. HMC’s market capitalization is $125.9 billion. HMC has total cash of $10.15 billion in the most...
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GM Sees Impressive China Sales - Analyst Blog
Monday, January 4, 2010 - 5:46pm | 266General Motors (GM) has witnessed a staggering 67% rise in sales to 1.8 million vehicles in 2009, driven by Government incentives including tax cuts and subsidies. GM has revealed that its joint venture with Shanghai Automotive Industries Corp. (SAIC) has shown a sales rise of 63.3% to 727,620...
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WSJ - Best Stock Mutual Fund of the Decade: CGM Focus (CGMFX)
Thursday, December 31, 2009 - 3:29pm | 1378I have not posted about investing maven Ken Heebner in quite a while; in fact until a reader asked me a question about him in one of the comments yesterday I had not looked at the portfolio holdings of CGM Focus (CGMFX) - his flagship find - in many months. Looking at his current holdings (well...
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Top NYSE Pre-Market Gainers (ALU, HL, GFI, AUY, SLW, F)
Thursday, December 31, 2009 - 9:49am | 310Alcatel-Lucent (ADR) (NYSE: ALU) has climbed up 3.64% to $3.42 in the pre-market session. The 52-week trading range for ALU is $1.09 - $4.95. Alcatel-Lucent has gained over 30% in the last six months. ALU closed at $3.30 in the previous trading session. Hecla Mining Company (NYSE: HL) has climbed 2...
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GM Offers Unusual Incentives - Analyst Blog
Wednesday, December 30, 2009 - 1:07pm | 250General Motors (GM) plans to make a payment of $7,000 to auto dealers for each Saturn and Pontiac brand car they can move off their lots. The dealers would technically have to become the first owner of the cars in order to get the incentive. Afterwards, they would be able to pass on the incentives...
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Ford to Begin Windsor Production - Analyst Blog
Wednesday, December 30, 2009 - 12:50pm | 373Ford Motor (F) has decided to begin production of the V-8 engine at its Essex Engine plant in Windsor, Ontario, which was shut down in 2007. The engine will be used in Ford’s 2011 Mustang GT. According to a contract talk with Canadian Auto Workers (CAW) in October, Ford will employ 200 workers...
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Zacks Industry Outlook Highlights: Toyota Motors, Nissan, Honda Motor, Ford and Daimler - Press Releases
Wednesday, December 30, 2009 - 9:00am | 854For Immediate Release Chicago, IL – December 30, 2009 – Zacks.com announces the latest Industry Outlook. Today, Zacks Equity Research discusses the Auto Industry, including Toyota Motors (TM), Nissan (NSANY), Honda Motor (HMC), Ford (F) and Daimler (DAI). A synopsis of today’s Industry Outlook is...
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Auto Industry Outlook for 2010 - Industry Outlook
Wednesday, December 30, 2009 - 1:00am | 1286The auto industry is a highly concentrated one. About 10 global automakers account for over 77% of the production worldwide. Among them, Toyota Motors (TM) leads with a 13.3% market share, while its domestic rivals including Nissan (NSANY) and its alliance with Renault account for 8.4% of the auto...
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Auto Industry Outlook for 2010 - Zacks Analyst Interviews
Wednesday, December 30, 2009 - 1:00am | 1286The auto industry is a highly concentrated one. About 10 global automakers account for over 77% of the production worldwide. Among them, Toyota Motors (TM) leads with a 13.3% market share, while its domestic rivals including Nissan (NSANY) and its alliance with Renault account for 8.4% of the auto...