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Low Vol 04-26-2011
Tuesday, April 26, 2011 - 1:44pm | 928Cusick's Corner Vol is low -- whether it is volume or volatility, it is low but the trend is high, so when you have a bull trend with low volatility you have three strategic approaches you can potentially implement. First, consider buying calls -- this is the most straightforward strategy, taking...
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Toyota Announces Voluntary Recall on Certain Tundra Trucks to Inspect the Rear Drive Shaft
Tuesday, April 26, 2011 - 12:01pm | 99Toyota Motor Sales (NYSE: TM) today announced it will conduct a voluntary safety recall on approximately 51,000, 2011 model year Tundra trucks to inspect the rear drive shaft. The rear drive shaft in an estimated 0.05 percent of the vehicles may include a component (slip yoke) that could break due...
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Ford's Alan Mulally: Upgrades Drive Per-Vehicle Profits (F)
Tuesday, April 26, 2011 - 11:37am | 133Speaking to CNBC this afternoon, Alan Mulally, the CEO of Ford Motor Company (NYSE: F), said that upgrades – such as SYNC, heated seats and other luxury items – are driving the automaker's per-vehicle profit. “Whether they buy a Fiesta or an F-150, [consumers] want the best” in quality, Mulally...
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Ford Rises After Earnings (F)
Tuesday, April 26, 2011 - 10:45am | 83Ford (NYSE: F) released its Q1 earnings results today prior to the opening bell. The company reported adjusted EPS of $0.62 compared to $0.46 in the year ago period. This handily beat Wall Street analysts' consensus estimates of $0.50 per share. Revenues came in at $33.1 billion compared to $28.1...
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S&P States That Rating of Ford Should Not Be Affected By Japan Disaster (F)
Tuesday, April 26, 2011 - 10:35am | 24S&P States That Ratings of Ford (NYSE: F) Should Not Be Affected By Japan Disaster
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Earnings Roundup (F, HSY, ODP, LO, LMT, AN, COH, MMM, ITW, LCC, KO, DAL, UPS, OSIS, X)
Tuesday, April 26, 2011 - 9:25am | 9113M Co (NYSE: MMM) reported upbeat Q1 earnings and raised 2011 profit projections. The company's Q1 profit came in at $1.08 billion, or $1.49 per share, up from $930 million, or $1.29 per share, in the year-earlier period. The company's revenue surged to $7.31 billion from $6.35 billion. However,...
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Bloomberg: Ford CEO Alan Mulally Says Rising Oil Prices Are a Challenge To Growth (F)
Tuesday, April 26, 2011 - 8:39am | 39Alan Mulally, CEO of Ford (NYSE: F), told Bloomberg this morning that rising oil prices are a “challenge to growth.” Mulally also said that the company is addressing near-term quality issues.
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News Summary
Tuesday, April 26, 2011 - 8:35am | 221Shares of Ford Motor Co (NYSE: F) gained about 2.7% after the company reported upbeat Q1 results. Ford reported its quarterly earnings at $0.61 per share, up from $0.50 per share, in the year-earlier period. The company's revenue surged 18% to $33.1 billion. The company's adjusted profit for the...
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Pre-market News And Views
Tuesday, April 26, 2011 - 8:31am | 432The S&P 500 e-mini futures (ES M1) are trading higher this morning by 5.75 points to 1336.25 per contract. Earnings reports continue to be released in droves at this time. Most of the earnings releases have been better than expected and well received by the market. This morning, United parcel...
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Summary of April 26th Earnings (F, DAL, UPS, KO, MMM, OSIS, AKS, ITW)
Tuesday, April 26, 2011 - 8:24am | 348Ford (NYSE: F) posted first quarter net income of $2.6 billion, or $0.61 cents per share - a $466 million increase from the first quarter of 2010. Pre-tax operating profit was $2.8 billion, or $0.62 cents per share, an increase of $827 million from first quarter 2010. Ford posted a pre-tax...
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Summary of April 26th Earnings (F, DAL, UPS, KO, MMM, OSIS, AKS, ITW)
Tuesday, April 26, 2011 - 8:23am | 348Ford (NYSE: F) posted first quarter net income of $2.6 billion, or $0.61 cents per share - a $466 million increase from the first quarter of 2010. Pre-tax operating profit was $2.8 billion, or $0.62 cents per share, an increase of $827 million from first quarter 2010. Ford posted a pre-tax...
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Citi On Ford Q1 Results
Tuesday, April 26, 2011 - 7:41am | 113Citi has issued a report regarding the initial Q1 results from Ford Motor Co (NYSE: F). According to Citi, "Q1 EPS of $0.61 compared with CIRA/consensus of $0.52/$0.50. Pre-tax auto profits came in at $2.1 billion, matching our $2.1 billion, and Financial Services came in at $0.7 billion versus...
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Ford Bonds Rise as First Quarter Earnings Beat Estimates (F)
Tuesday, April 26, 2011 - 7:33am | 19Ford (NYSE: F) bonds rise as first quarter earnings beat estimates.
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A Peek Into The Market Before The Trading Starts
Tuesday, April 26, 2011 - 6:36am | 404Pre-open movers US stock futures are higher this morning, as investors are awaiting earnings reports from several companies and the start of the Federal Open Market Committee's meeting. Futures on the Dow Jones Industrial Average gained 24 points to 12,451.00 and S&P 500 index futures rose 4.40...
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Bloomberg: Ford Losing 12K To 14K Vehicles In Asia Due To Quake
Tuesday, April 26, 2011 - 6:35am | 72Bloomberg reports that Ford's (NYSE: F) CFO, Lewis Booth, said that the company will lose 12,000 to 14,000 vehicles in Asia due to the recent earthquakes in Japan. Booth also said that the quake will have no material impact on the US market and that North American production has not suffered due...