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Nissan Motor Swings To Profit In Fiscal Fourth Quarter
Thursday, May 12, 2011 - 4:38am | 104Nissan Motor Co (OTC: NSANY) swung to a fiscal fourth-quarter profit, from a loss in the year-ago period. The company reported stronger-than-expected FQ4 profit. The company reported a quarterly net profit at Y30.8 billion, versus a net loss of Y11.6 billion, in the year-earlier period. However,...
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Earnings Roundup For May 11 (M, MT, TM, TEVA, IL, JSAIY, KID, ENB, SYIEY, GIL, AH, HESAY, BAM, KELYA, ITVPY, LABL)
Wednesday, May 11, 2011 - 7:58am | 907Macy's Inc (NYSE: M) reported its Q1 profit at $131 million, or $0.30 per share, from $23 million, or $0.05 per share, in the year-earlier period. The company's sales increased 5.7% to $5.89 billion. Its same-store sales surged 5.4%. However, analysts were expecting earnings of $0.18 per share....
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With Toyota Motor Profit Slashed, Auto Company Still Faces 'Uncertainties' (TM)
Wednesday, May 11, 2011 - 4:00am | 305Toyota Motor Corporation (NYSE: TM) announced its 4th quarter earnings results Wednesday, and stated net income fell by more than 70% year-over-year because of the devastating Japanese earthquake and tsunami. Net income fell to 25.4 billion yen, or about $314 million, for the three months ended...
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Toyota Motor Reports 77% Drop In Quarterly Net Profit
Wednesday, May 11, 2011 - 2:56am | 79Toyota Motor Corp (NYSE: TM) reported a 77% decline in its net profit for the January-March quarter. The company's quarterly operating profit came in at ¥46.1 billion. However, analysts were expecting a profit of ¥94.6 billion. The company's net profit for the full fiscal year climbed to 408.1...
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Earnings Scheduled For May 11 (TM, MT, TEVA, ZIP, M, BAM, CSCO, IAG, SYMC, ACXM, SSRX, SVN, APAC, CONM)
Wednesday, May 11, 2011 - 1:20am | 375Toyota Motor Corp (NYSE: TM) is estimated to post its FQ3 EPS at $0.64 on revenue of $63.42 billion. Arcelor Mittal (NYSE: MT) is expected to post its Q1 earnings at $0.48 per share on revenue of $22.03 billion. Teva Pharmaceutical Industries Limited (NASDAQ: TEVA) is projected to post its Q1...
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GM to Invest $2B in U.S. Plants Adding 4,000 Jobs
Tuesday, May 10, 2011 - 12:32pm | 90General Motors Co. (NYSE: GM) announced Tuesday it will invest about $2 billion in U.S. assembly and component plants, creating or preserving more than 4,000 jobs at 17 facilities in eight states. "We are doing this because we are confident about demand for our vehicles and the economy," GM...
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Breakouts To Watch With Entries
Tuesday, May 10, 2011 - 12:21pm | 133I've complied 34 stocks that are providing awesome trading opportunities. A couple of them may have already hit by the time you read this post, but most are prime for the picking. The price on the far right, is what I believe to be the ideal entry price. You may differ with me on this, as it is a...
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GM to Unveil $2 Billion U.S. Expansion
Tuesday, May 10, 2011 - 9:17am | 122FOX Business has learned General Motors (NYSE: GM) plans on announcing a program of $2 billion in spending to upgrade as many as 18 plants and hire in the neighborhood of 4,000 new workers. GM Chief Executive Officer Dan Akerson will make the announcement at GM's Toledo, Ohio power train plant,...
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Updates- Caesars Entertainment, ING Groep, Fiat, F, HELE, SSGRX, STP, FSLR LRN, WEN, CME, SSP
Tuesday, May 10, 2011 - 8:37am | 1108Fiat SpA (F), an Italy-based company active in the automobile sector, said it isn't planning to raise its stake in Chrysler Group LLC beyond 51%, despite options available that could boost its stake to 70%. Ally Financial Inc. is in talks to buy ING Groep NV‘s (INE) online bank, ING Direct USA....
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Morning News Summary for May 10, 2011
Tuesday, May 10, 2011 - 8:06am | 351U.S. stock index futures are pointing to a higher open this morning after Chinese trade data came in near the strong end of the expected range and investors became increasingly optimistic on the economic recovery. It looks like Microsoft (NASDAQ: MSFT) is nearing the biggest buyout in their 36-...
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Emerging Markets Get A New Ride (TTM)
Monday, May 9, 2011 - 1:45pm | 245When Tata Motors (NYSE: TTM) first unveiled its Nano mini-car, the dream of automobile ownership was within grasp of the Indian consumer. Now, Tata wants to make that dream possible for other emerging market nations as well. Executives at two parts suppliers told Dow Jones that the company may...
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First Trust Auto ETF Debuts On Tuesday
Monday, May 9, 2011 - 12:25pm | 365First Trust, the Illinois-based ETF issuer with 57 funds and $8 billion in assets under management as of the end of April, will roll out the First Trust NASDAQ Global Auto Index Fund on Tuesday May 10. The ETF will trade on the Nasdaq under the ticker “CARZ.” CARZ will track the NASDAQ OMX Global...
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Top 4 Large-Cap Stocks In The Auto Manufacturers-Major Industry With The Highest Cash (TM, GM, F, HMC)
Monday, May 9, 2011 - 12:03am | 137Below are the top large-cap auto manufacturers-major stocks on the NYSE and the NASDAQ in terms of cash. Toyota Motor Corporation (NYSE: TM) had $44.76 billion in total cash and $152.06 billion in total debt for the latest quarter. General Motors Company (NYSE: GM) had $26.62 billion in total...
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Mad Money Lightning Round: Cramer Dislikes World Fuel Services (ABX, GG, MTW, INT, TM)
Sunday, May 8, 2011 - 11:58pm | 160On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Barrick Gold (NYSE: ABX) “made an acquisition that people didn't like. That's an opportunity. I also like Goldcorp (NYSE: GG)." He said that the “quarter of Manitowoc (NYSE: MTW) was not that hot, but that was an opportunity....
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6 Large Caps to Buy for the Long Run
Sunday, May 8, 2011 - 4:46am | 122By Roger Choudhury, Lead Editor We searched for large-cap companies with expected robust growth in non-GAAP EPS in this fiscal year as well as the next fiscal year. Here is what we found: General Motors (GM): In 2010, the company made revenues of $135.592B (+29.64%) with GAAP EPS of $2.87. The next...