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Ford (F) Unveils New Car for Cash Strapped American Buyers (Video)
Thursday, December 17, 2009 - 4:00pm | 425A very thoughtful move by Ford (F), showing they "get" what is happening on Main Street... another example of why they did not need bailout funds; they understand the state of American consumer. Take that Tata Nano. Courtesy of The Onion (video) Ford Unveils New Car For Cash-Strapped Buyers: The...
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Ford (F) Seeks Apple iPhone (AAPL) Like Apps For Its Cars
Thursday, December 17, 2009 - 2:50pm | 79Ford Motor Company (NYSE: F) is in the process of allowing software developers to adapt Apple (NASDAQ: AAPL)-iPhone like applications for use in its vehicles. The programs could allow users to combine GPS, music and Internet in creative ways. Ford also plans to allow developers to create car-...
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Renault and Daimler (DAI) Look To Cut Costs Jointly
Thursday, December 17, 2009 - 12:44pm | 204According to Emma Vandore of the Business Week, Renault SA is in talks with potential partners including Germany’s Daimler (NYSE: DAI)(FREE stock trend analysis) to cut costs or boost volumes in order to get its crisis-ravaged finances in better shape. Renault SA is holding discussions with...
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Benzinga’s Top Upgrades (PTV, MHK, CA, UNM, ME, THO)
Thursday, December 17, 2009 - 10:28am | 347Pactiv Corporation (NYSE: PTV)(FREE stock trend analysis) was today upgraded by KeyBanc Capital Markets from Hold to Buy with a price target of $30. Pactiv Corporation is now trading at $24.13, 0.92% up in the pre-market session. So far in 2009, PTV declined by 3%. Mohawk Industries, Inc. (NYSE:...
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Top Performers of 2009 (AMD, F, WDC, MU, FCX)
Thursday, December 17, 2009 - 10:28am | 300With the economic recovery pushing the S&P 500 to continuously break 52-week high levels, the best stocks to benefit from the trend have been from the technology sector. These technology stocks are seeing their best yearly performance since 1999. Since the beginning of 2009, the technology...
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Benzinga’s Earnings Roundup (PIR, GIS, WGO, SCHL, RAD, FDX)
Thursday, December 17, 2009 - 9:03am | 414Pier 1 Imports, Inc. (NYSE: PIR) today reported third-quarter profit of $38.8 million or $0.37 a share as compared to a loss of $36.9 million or $0.41 a share in the year ago period. Sales increased to $327.1 million against $300.9 million from the same quarter last year. Pier 1 Imports fell by 0....
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Top 5 Large-Cap Stocks with Highest Sales Growth Estimate for Next Year (TM, SU, MRK, ESRX, POT)
Wednesday, December 16, 2009 - 9:26am | 206Below are the top 5 large-cap stocks on the NYSE and the NASDAQ in terms of the highest sales growth estimate. The market expects Toyota Motor Corp (NYSE: TM) to generate 164,990% sales growth in the next fiscal year. TM’s market capitalization is $130.44 billion. TM had posted its earnings for the...
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Top 5 Large-Cap Stocks with Highest 5-Y Earnings Growth Estimate (AU, AXA, LVS, BRFS, TM)
Wednesday, December 16, 2009 - 8:40am | 233Below are the top 5 large-cap stocks on the NYSE and the NASDAQ in terms of highest earnings growth estimate. The five-year earnings growth estimate for AngloGold Ashanti Ltd (NYSE: AU)(FREE stock trend analysis) is 95.3%. AU’s market capitalization is $15.14 billion. AU had $1.12 billion of total...
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Guy Adami Is Bearish On Freeport McMoran (FCX)
Tuesday, December 15, 2009 - 7:53pm | 219Guy Adami commented on the trades that Jim Chanos gave in an interview on CNBC's Fast Money. Guy Adami said that Chanos is going to wind up being right when he says that he would not go long Ford (NYSE: F)(FREE stock trend analysis). Adami thinks that those who want to go long on this stock are...
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Jim Chanos Is Bearish On The Auto Sector (F, FIATY)
Tuesday, December 15, 2009 - 7:33pm | 84James Chanos said in an interview on CNBC's Fast Money that auto sector is still struggling with overcapacity, even with the bankruptcy of GM and Chrysler. He believes that investors should not go long on Ford (NYSE: F) and Fiat (OTC: FIATY). Ford (F) jumped 3.20% today and closed at $9.37. It had...
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Bank Of America Is Comfortable With Ford's (F ) Progress
Monday, December 14, 2009 - 3:50pm | 82Ford Motor Company (NYSE: F)(FREE stock trend analysis) was given a Buy rating by Bank of America Merrill Lynch. Bank of America believes that Ford is making good progress in the restructuring plan, which was evident in the completion of a $9.9 billion debt reduction initiative. It expects Ford to...
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Japanese Equities Could Hedge Against Tail Risk Of A Debt Crisis
Monday, December 14, 2009 - 11:57am | 80Merrill Lynch is underweight on Japanese equities like Honda Motor Co., Ltd. (ADR) (NYSE: HMC) from a global standpoint but sees Japanese equities as a good hedge against the tail risk of a debt crisis in Japan. It noted that equity hedging costs had dropped more quickly than for other assets and...
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Toyota (TM) to sell plug-in hybrids by 2011
Monday, December 14, 2009 - 11:42am | 137Toyota Motor Corp (NYSE: TM)(FREE stock trend analysis) will begin selling "affordable" plug-in hybrid cars in 2011, upping the ante on General Motors (NYSE: GRM)(FREE stock trend analysis) and Nissan Motor (NYSE: NSANY)(FREE stock trend analysis) as they aim to take the lead in the field of...
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Rogers Foresees Near-Term Dollar Rebound
Thursday, December 10, 2009 - 10:19am | 111Jim Rogers, the well-known investor, said that he had been accumulating dollars over the last couple of months expecting a rebound in the near future. He was addressing the Reuters Investment 2010 Outlook Summit in New York. Rogers, however, is bearish about the U.S. dollar’s long-term prospects....
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USD And Yen Decline Against New Zealand and Australian Currencies
Thursday, December 10, 2009 - 9:06am | 102The US Dollar and the Yen weakened against the currencies of Australia and New Zealand after the reports of a faster job growth in Australia and New Zealand. New Zealand’s currency surged 1.3 percent to 72.83. US cents and the Australian Dollar rose 0.73 percent to 91.53 US cents. The fall in the...