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Koenigsegg Group AB Terminates Purchase Agreement of Saab
Tuesday, November 24, 2009 - 7:10pm | 133General Motors (NYSE: GM) confirmed today that the proposed sale of its Saab subsidiary to Koenigsegg Group AB was terminated at the buyer’s discretion. "We're obviously very disappointed with the decision to pull out of the Saab purchase," said GM President and CEO, Fritz Henderson, in a statement...
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Reuters India Investment Summit: Ford (F) Unveils Its India Plans
Tuesday, November 24, 2009 - 11:56am | 174Ford Motors (NYSE: F) is planning to work aggressively in the Indian market. During the Reuter’s industrial summit, Ford Motors India’s President and Managing Director Michael Boneham stated that Ford plans to introduce new models in the Indian market every 12-15 months for the next five years....
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This Emerging Markets ETF Doesn't Get A Lot Of Press, But Don't Worry (VEA)
Friday, November 20, 2009 - 4:22pm | 167When it comes to emerging markets ETFs that focus on more than one country, the iShares MSCI Emerging Markets Index (NYSE: EEM) is the 800-lb. gorilla in the room. EEM trades a huge amount of shares per day and the ETF is considered the bellwether among emerging markets ETF. That said, the ETF...
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Benzinga's ETF Decliners (DRV, BSC, EZJ, SRS)
Wednesday, November 18, 2009 - 5:51pm | 210Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) leads the ETFs with the biggest decline of the day. DRV dropped 5.27% today as Real Estate sector had a good trading session today. ELEMENTS Benjamin Graham Small Cap Value ETN (NYSE: BSC) is down 5.06% after yesterday's surge of around 5%. BSC...
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Benzinga's ETF Gainers (UEM, DRN, UBM, EWV)
Wednesday, November 18, 2009 - 5:28pm | 181Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) is a top performer among ETFs today. DRN corresponds to the 300 % of the performance of the MSCI US REIT Index and it is up 5.20%. The Claymore U.S.-1-The Capital Markets Index ETF (NYSE: UEM) has also found its place among the winners today. UEM...
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Stock Market News for November 18, 2009 - Market News
Wednesday, November 18, 2009 - 10:03am | 511U.S. stocks closed higher for the second consecutive day, helped by strength in shares of commodity-related companies even as major retailers said they remain cautious ahead of the holiday season. At the end of a session that lacked conviction, major stock indexes managed to reach their fresh 13-...
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George Soros Reveals Stake in Ford (F), Adds to Walmart (WMT), Cuts Position in Petrobras (PBR)
Tuesday, November 17, 2009 - 12:24pm | 1487It's that time of quarter - when the whales of investing have to reveal what they are doing on the long side to the SEC (they can still keep secret their shorts). There are a lot of websites that will be looking at these disclosures in the next 48 hours so we'll just focus on a few. When I did...
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Investment Guru George Soros Takes Stake In Ford (F)
Tuesday, November 17, 2009 - 8:53am | 146In a regulatory filing New York-based company, Soros Fund Management LLC, managed by George Soros, took a 7.34 million share stake in Ford Motors Co. (NYSE: F) as of Sept. 30. The fund bought at an average of $7.21, gaining $11 million through today as Ford Motors Co. closed at its highest price in...
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Fast Money Crew Would Buy STP, TGT, TM
Monday, November 16, 2009 - 7:30pm | 90Tim Seymour said on CNBC's Fast Money that Suntech Power Holdings Co., Ltd. (ADR) (NYSE: STP) is a buy. Karen Finerman thinks Target (NYSE: TGT) is a right stock to buy on Tuesday, while Joe Terranova wants to own Toyota (NYSE: TM). Suntech Power Holdings (STP) surged 12.03% today and closed at $15...
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5 Large-Cap NYSE Stocks with Highest 5-Y Earnings Growth Estimate (AXA, AU, TM, LVS, SWN)
Monday, November 16, 2009 - 8:06am | 188Below are interesting large-cap stocks on the NYSE with the highest earnings growth estimate. AXA (NYSE: AXA) has an earnings growth estimate of 94.9% for five years and a market capitalization of $51.45 billion. Jefferies & Co initiated coverage of AXA with a “buy” rating. AngloGold Ashanti...
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Ford Says U.S. Automobile Market Still Very Fragile
Friday, November 13, 2009 - 2:28pm | 33Ford (NYSE: F) says U.S. automobile market still very fragile. Ford says US auto sales will be 10.6 million this and US auto sales will rise next year.
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5 Large-Cap Stocks with Highest Sales Growth Estimate (TM, SU, POT, ESRX, BLK)
Wednesday, November 11, 2009 - 8:49am | 189Below are interesting large-cap stocks on the NYSE and NASDAQ with the highest sales growth estimate. Toyota Motor Corp (NYSE: TM) has a consensus sales growth estimate of 167,890% for 2010. TM has a market capitalization of $119.79 billion. TM shares are trading significantly short of their 52-...
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Recovery Investing: Three ETFs to Consider
Monday, November 9, 2009 - 6:23pm | 534Last week the Labor Department reported an unemployment rate above 10% for the first time since the early-1980s. The market seemed unconcerned, closing with a gain on the day the numbers came out. Plenty of people seem to think the worst is behind us. After all, if government reports are to be...
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Toyota (TM) May Suspend Participating In Formula One Racing
Wednesday, November 4, 2009 - 10:00am | 153Like its rivals, Honda Motor Co., LTD (NYSE: HMC) and BMW, Toyota Motor Corporation (NYSE: TM) is planning to pull out of Formula One (F1) Racing. FT reports that, as it gets ready to face losses for the second consecutive year, the need to cut costs may force Toyota to suspend its participation....
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DAX Index Rose Behind Strong Earning Of German Companies (ADS, SCGLY, DB, DAI, PAH3)
Wednesday, November 4, 2009 - 9:13am | 206For the second day this week, Both the DAX and the broader HDAX indices rose 1.5% to 5,435.09 and 1.7% to 2729.35 respectively. The German Stocks index drew momentum from the promising earnings of companies like Adidas (ETR: ADS), which rose 3.1%. Adidas reported higher than estimated profits as...