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Rare Earth Stocks Reaching Key Support Levels
Wednesday, May 18, 2011 - 1:17pm | 935The prices of rare earth oxides are blasting through the stratosphere. Manufacturers are driving prices in their haste to involve the materials in production of hybrid vehicles, wind turbines, and the most high tech applications of which many sophisticated investors are unaware. These producers...
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What's Hot On TheStreet
Tuesday, May 17, 2011 - 1:07pm | 337Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 10 Nonprofits That Act Like For-Profits The line between for-profit companies and nonprofit charities continues to blur. The organizational creep of nonprofits into areas that seem more in keeping with the for-...
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UPDATE: Ford Announces $72 Million Investment to Increase Production Capacity at Chennai Engine Plant
Tuesday, May 17, 2011 - 6:18am | 81Ford Motor Company (NYSE: F) will invest US $72 million to expand its powertrain facility in Chennai to further support its sales and export growth plans in India. When the expansion programme is completed in mid-2012, the engine plant's production capacity will increase from 250,000 to 330,000...
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Second Automotive Fund Now Available
Monday, May 16, 2011 - 4:14pm | 555First Trust Advisors last week (5/10/11) introduced the First Trust NASDAQ Global Auto Index Fund (CARZ). CARZ becomes the second fund to focus on the global automotive industry and the first in an ETF format. The underlying index is a modified market capitalization weighted index of companies...
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Judge Rules that Consumers May Pursue Lawsuit Against Toyota
Monday, May 16, 2011 - 12:12pm | 266A Federal judge has ruled that a case against Toyota (NYSE: TM) seeking damages related to claims of unintended acceleration of Toyota vehicles may move forward. U.S. District Judge James Selna of the United States District Court for the Central District of California ruled that attorneys...
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General Motors Higher After Barron's Mention (GM)
Monday, May 16, 2011 - 11:56am | 86Shares of General Motors Company (NYSE: GM) are higher today after the company was mentioned positively in Barron's over the weekend. The article laid out a thesis saying that shares could rise into the mid 40's in the next year, based on financial performance, and improving fundamentals. At last...
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Citigroup Upgrades Ford To Buy, $18 PT
Monday, May 16, 2011 - 6:35am | 26Citigroup has upgraded Ford Motor Company (NYSE: F) from Hold to Buy and has established an $18 price target.
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How strong General Motors (GM) competitive position could be?- Margins matter
Monday, May 16, 2011 - 3:56am | 1403The more General Motors (GM) earns in revenue the more it can invest in research and development, mergers and acquisitions, growth, strategic planning. General Motors Company (GM) TTM Gross Margin- 12.8%, TTM Operating Margin- 4.3%, TTM Net Margin- 4.6%. Toyota Motor (TM) TTM Gross Margin- 13%,...
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I'd rather be Lucky than Good 5/13/11
Friday, May 13, 2011 - 3:54pm | 593As a trader I would not consider myself too superstitious but on a day like Friday the 13th I'd rather be lucky than good. Wild trade activity in Crude again today but we still have not been able to re-take the 100 day MA; in July at $101.40. We remain mildly bullish with a short term target of $...
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Good Deed Of The Day: Ford Motor Company Expands Local Support; Tops $1 Million to Atlanta Community Over 2 Years
Friday, May 13, 2011 - 11:59am | 340Ford Motor Company Fund is contributing more than $1 million in the Atlanta area over two years to support non-profits and various educational initiatives with the addition of $600,000 of new contributions this year as part of its Operation Goodwill. Since 2000, Ford has contributed more than $23...
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Cooperman has Decent Size Position in Teva and Transocean -CNBC
Thursday, May 12, 2011 - 12:00pm | 67Cooperman says, "difficulty getting increased supply of oil... economy is on path of 3% GDP growth... we have a decent size position in Teva (NASDAQ: TEVA)... we have GM (NYSE: GM) earning about $5 next year... we have a decent position in Transocean (NYSE: RIG)."
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Treasury Pushing Back GM Secondary Offering (GM)
Thursday, May 12, 2011 - 11:25am | 246An article on Bloomberg says that the U.S. Treasury is going to push back the General Motors (NYSE: GM) secondary offering, as the stock price has fallen below an acceptable level. The Treasury believes if it waits, the share price will rise, and the offering will be more of a success, both for...
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Alan Mullaly: I'm Not Going Anywhere (F)
Thursday, May 12, 2011 - 10:23am | 109Do not worry Ford (NYSE: F) investors. CEO Alan Mulally isn't going anywhere. The CEO of the automaker met with reporters at the company's annual shareholders meeting in Wilmington, Delaware, and said that he did not plan to go anywhere, and that he was pleased with the way the company has turned...
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Earnings Roundup For May 12 (KSS, NTXFY, AEG, PBH, GRS, THI, BT, NSANY, ORBK, IAG, RWEOY, SINA, ALIZF, REPYY, ACAT, PSSI, BCE)
Thursday, May 12, 2011 - 8:51am | 928Kohl's Corp (NYSE: KSS) reported its Q1 earnings at $211 million, or $0.73 per share, versus $199 million, or $0.64 per share, in the year-earlier period. Its sales surged to $4.16 billion from $4.04 billion. However, analysts were expecting earnings of $0.73 per share on sales of $4.16 billion....
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US Stock Futures Signal Lower Start On Wall Street; Weekly Jobless Claims Data In Focus; Cisco Shares Down In Pre-Market Trading
Thursday, May 12, 2011 - 5:28am | 554US stock futures are lower this morning, after decline in global equity markets. Futures on the Dow Jones Industrial Average dropped 74 points to 12,523.00 and futures on the S&P 500 stock index fell 8.40 points to 1,330.30. Nasdaq 100 futures declined 20 points to 2,373.50. US stocks closed...