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Did Tracy Morgan's Homophobic Rant Kill the Dow?
Friday, June 10, 2011 - 2:00pm | 451Does homophobic “comedian” Tracy Morgan have the ability to move markets? Maybe. The allegedly funny Morgan went on a homophobic rant last Friday, telling gays and lesbians that they need to quit complaining about bullying and then jokingly threatened to kill his son if he came home and said he...
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Five Stocks for John Gotti to Fuggedabout
Friday, June 10, 2011 - 10:12am | 338Nine years ago today, John Gotti, the last of the truly great media-loving mob bosses passed away. He did so not in a blaze of glory or a hail of gunfire, but of cancer while in prison — no way for the good man to go out. With Mr. Gotti and his lifestyle in mind, here are five stocks for the...
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Green Car Stocks Trading News; What's Driving the Electric Car Market?
Friday, June 10, 2011 - 9:57am | 1184June 10, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com a leader in cleantech investor research, reports on green and electric car stocks trading for June 9th. Ford made headlines with its growth strategy for electric vehicles and its bullish outlook. According to the...
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News Summary
Friday, June 10, 2011 - 8:37am | 263Shares of Toyota Motor Corp (NYSE: TM) dropped about 0.9% after the company projects operating profit for the business year to drop 35% to 300 billion yen ($3.7 billion). However, analysts expected 434 billion yen operating profit for the year. Toyota's operating profit in the year to March 2011...
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Toyota Projects 35% Decline In Fiscal Year Operating Profit
Friday, June 10, 2011 - 2:33am | 97Toyota Motor Corp (NYSE: TM) issued its projections for the business year that began in April on Friday. Toyota projects operating profit to drop 35% to 300 billion yen ($3.7 billion). However, analysts expected 434 billion yen operating profit for the year. Toyota's operating profit in the year...
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Mad Money Lightning Round: Cramer Dislikes Tata Motors, Applied Materials
Thursday, June 9, 2011 - 11:50pm | 216On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Whole Foods (NASDAQ: WFM) has “pulled back enough. Some companies can transcend the charts." Cramer said that he is “not a fan of Wells Fargo (NYSE: WFC).” He added, “If you want to own a bank, I'd go with PNC Financial Services...
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UPDATE: Ford to Triple Production Capacity of Electrified Vehicles in North America by 2013
Thursday, June 9, 2011 - 12:01pm | 188Ford Motor Company (NYSE: F) announced today it is tripling production capacity of its electrified vehicle lineup through 2013, further boosting volumes of its all-new C-MAX Hybrid and C-MAX Energi plug-in hybrid, which begin production next year. "Customers have come to expect fuel efficiency...
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Wall Street Strategies Reiterates Buy on Ford
Thursday, June 9, 2011 - 7:35am | 82Wall Street Strategies is out with its report on Ford (NYSE: F), reiterating Buy. In a note to clients, Wall Street Strategies writes, "The momentum has been negative for Ford's stock, but we still like it longer term. The near term weakness represents a buying opportunity. As a result, we are...
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Citi Reiterates Hold and PT of $44 on Thor Industries
Thursday, June 9, 2011 - 7:32am | 78Citi reiterated its Hold rating on Thor Industries (NYSE: THO). At the same time, Citi left its price target on the company's stock unchanged at $44 in spite of an upward revision in Thor's earnings per share estimates forecasts. In a research report published today, Citi states, "Given updated...
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GM Bedford Powertrain to Get $49M Investment
Wednesday, June 8, 2011 - 11:58am | 47General Motors (NYSE: GM) will invest $49 million to purchase tooling and equipment for the Bedford powertrain plant to produce components for a recently announced 8-speed transmission and a future small engine program. The investment will create or retain 91 jobs.
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GM Bedford Powertrain to Get $49M Investment
Wednesday, June 8, 2011 - 11:58am | 47General Motors (NYSE: GM) will invest $49 million to purchase tooling and equipment for the Bedford powertrain plant to produce components for a recently announced 8-speed transmission and a future small engine program. The investment will create or retain 91 jobs.
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Morgan Stanley Maintains Overweight on Ford
Wednesday, June 8, 2011 - 8:20am | 93Morgan Stanley is out with its report today on Ford (NYSE: F), maintaining Overweight. In a note to clients, Morgan Stanley writes, "Senior management presented on the product and marketing strategy, emerging market growth and financial services with an emphasis on middle-of-decade financial...
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Jefferies Maintains Buy on Ford
Wednesday, June 8, 2011 - 6:58am | 108Jefferies is out with its report today on Ford (NYSE: F), maintaining Buy. In a note to clients, Jefferies writes, "Ford held a well-attended analyst day yesterday, the first material change to its long-term plan since mgmt outlined its Way Forward plan in 2007. While the meeting did not yield...
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Bank of America Merrill Lynch Positive On Ford
Wednesday, June 8, 2011 - 6:48am | 175Bank of America Merrill Lynch is out with a research note on Ford Motor Co. (NYSE: F) after the company held an analyst day yesterday. It has a Buy rating and a $22 price target on shares. In a note to investors, Bank of America writes, "At Ford's first analyst day in years management outlined a...
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J.P. Morgan Maintains Neutral on Ford
Wednesday, June 8, 2011 - 6:38am | 149J.P. Morgan is out with its report today on Ford (NYSE: F), maintaining Neutral. In a note to clients, J.P. Morgan writes, "We maintain our Neutral rating on Ford shares primarily because incremental product cycle improvement potential now seems more modest than in recent years. Near term, however...