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Ford Motor Recalling About 144,000 F-150s (F)
Wednesday, February 23, 2011 - 10:29am | 48Ford Motor Company (NYSE: F) will be recalling about 144,000 Ford F-150 trucks produced between 2005 and 2006, according to Reuters. The vehicles are being recalled due to an airbag deployment risk.
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Volatility Is Back & Complacency Is Challenged 02-22-2011
Tuesday, February 22, 2011 - 6:49pm | 910Cusick's Corner This was clearly a seller's day. Profits were booked early and then later in a muted rally attempt into the afternoon. While this did not feel like a panicked-filled sell session, the tone or should I say the volatility changed, creating a bigger window for traders (specifically...
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Libya Dominating Headlines 02-22-2011
Tuesday, February 22, 2011 - 2:49pm | 1058Cusick's Corner The headline risk just became a reality for now. With the Middle East, most notably Libya, dominating the headlines and continued local unrest at the state level, Wisconsin proposing to drop the public union's collective bargaining rights and now potentially Ohio, the market has...
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Citi Previews GM Q4
Tuesday, February 22, 2011 - 8:32am | 168In a report released this morning, Citi said that it believes an in-line quarter for General Motors (NYSE: GM) with a reassuring outlook should allay recent investor concerns that have lingered since Ford's (NYSE: F) Q4 miss. “In addition, recent checks suggest that GM's February US market share...
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Events to Monitor Over Weekend 02-18-2011
Friday, February 18, 2011 - 6:40pm | 784Cusick's Corner From a technical perspective, this market is strong and is showing no sign of any short-term resistance. While technicals are in line, next resistance level S&P 1344, there are some fundamental events that you should monitor over the weekend. First, German elections -- it looks...
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Auto Outlook
Thursday, February 17, 2011 - 10:52am | 319Since early January 2011, the U.S. auto makers have been under pressure. Stocks such as Ford Motor Co.(NYSE: F), General Motors Co.(NYSE: GM), and even Tesla Motors Inc.(NYSE: TSLA), have been under pressure. Please note that the decline in all of these leading U.S. automakers came after general...
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Fast Money Picks For February 17th (LOGM, MS, BRCD, DAI, NTAP)
Wednesday, February 16, 2011 - 6:43pm | 259On CNBC's Fast Money, Zach Karabell said that he is bullish on LogMeIn, Inc. (NASDAQ: LOGM). He explained that this company allows you to remotely control your computer. LogMeIn, Inc. (LOGM) fell 0.40% in the regular trading session, but it gained 1.28% in the after hours. Joe Terranova likes...
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Fast Money Picks For February 16th (F, JCP, GLW, DF)
Tuesday, February 15, 2011 - 7:01pm | 187CNBC's Fast Money Tim Seymour suggested to the viewers of the show to consider a long position in Ford Motor Company (NYSE: F) tomorrow. Ford Motor Company (F) gained 0.06% today, and it closed at $16.10. Guy Adami wants to buy J.C. Penney Company, Inc. (NYSE: JCP) on Wednesday. J.C. Penney Company...
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Earnings Preview: Tesla (TSLA)
Tuesday, February 15, 2011 - 2:33pm | 116Tesla Motors Inc (NASDAQ: TSLA) is set to report earnings after the bell. Analysts are looking for a loss of 50 cents per share on revenues of $34.32 million. At last check, shares of Tesla were down 9 cents to $22.99, a loss of 0.44%. If Tesla reports better than expected earnings, names like...
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General Motors to Continue Investing Aggressively in China
Tuesday, February 15, 2011 - 8:12am | 274"As our largest market, China played a significant role in GM's success in 2010. We will continue investing aggressively in China to ensure the long-term success of our company." General Motors Co. (NYSE: GM) Chairman and CEO Dan Akerson made these remarks during a media briefing today in Beijing....
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Tesla Motors: The Apple of Automakers
Monday, February 14, 2011 - 3:45pm | 210(TheStreet) -- Tesla Motors (NASDAQ: TSLA), a pure-play electric-car company, is an emerging power among automakers, a newcomer to an innovation-starved industry. Tesla, named after Serbian inventor Nikola Tesla, was incorporated in 2003 and unveiled its first car, the Roadster, in 2007. With a...
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Nanotechnology is Big Business
Sunday, February 13, 2011 - 4:20pm | 601The mathematical definition of 'nano' is one billionth; so for example, a nanosecond is one billionth of a second. Nanotechnology is the science of manufacturing and utilizing extremely small particles and devices, sometimes as small as single atoms and molecules. A nanometer is one-billionth of a...
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CBOE Holdings (CBOE): Trading the Takeover Rumors
Friday, February 11, 2011 - 9:28am | 1971Consolidating is brewing in the financial sector, as NYSE Euronext (NYX) is in advanced merger discussions with Deutsche Boerse. If this pairing comes to fruition, it would create the world's largest financial exchange, with trading capabilities on both sides of the Atlantic. This potential...
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Ford to Reduce Debt by an Additional $3 Billion
Thursday, February 10, 2011 - 4:45pm | 66Ford Motor Company (NYSE: F) announced that on March 15, 2011 all of the outstanding 6.50% Cumulative Convertible Trust Preferred Securities (liquidation amount $50 per trust preferred security) of its subsidiary trust, Ford Motor Company Capital Trust II, will be redeemed for cash at a redemption...
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Ford to Reduce Debt by an Additional $3 Billion Through Trust Preferred Securities Redemption
Thursday, February 10, 2011 - 4:08pm | 278Ford Motor Company (NYSE: F) announced that on March 15, 2011 all of the outstanding 6.50% Cumulative Convertible Trust Preferred Securities (liquidation amount $50 per trust preferred security) (NYSE:F - News) of its subsidiary trust, Ford Motor Company Capital Trust II, will be redeemed for cash...