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Where the Q4 Growth Came From - Analyst Blog
Friday, January 28, 2011 - 2:18pm | 3991In the fourth quarter, the economy grew at an annual rate of 3.2%, up from 2.6% in the third quarter, and up from the 1.7% pace in the second quarter of 2010. The growth rate was somewhat below consensus expectations, 3.5%, and frankly a bit lower than I was expecting. However, the quality of the...
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Ford Slips, Shows Yearlong Strength - Analyst Blog
Friday, January 28, 2011 - 1:54pm | 1053Ford Motor Co. (F) posted a 24% fall in profit to $1.2 billion or 30 cents per share (before special items) in the fourth quarter of 2010 from $1.58 billion or 43 cents per share (before special items) in the same quarter of 2009. With this, the automaker has missed the Zacks Consensus Estimate...
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Ford's Alan Mulally: Dividends Are About Creating Shareholder Value
Friday, January 28, 2011 - 1:40pm | 239“Clearly a dividend is about creating shareholder value,” Alan Mulally, CEO of Ford Motor Company (NYSE: F), said this afternoon. Mulally spoke to CNBC about the company's earnings, which were below Street expectations ($.30 vs. $.48 consensus). “Clearly it was a terrific quarter for Ford,” Mulally...
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Markets Freak Over Riots, Earnings
Friday, January 28, 2011 - 1:22pm | 235The Dollar soared higher today, as riots spread across the middle east and northern Africa. The PowerShares DB US Dollar Index Bullish (NYSE: UUP) was trading up $22.49, +0.14 (+0.60%). This constant move higher throughout the day has crushed the markets. Global instability fears are driving...
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Ford Slips, Shows Yearlong Strength - Analyst Blog
Friday, January 28, 2011 - 1:14pm | 1053Ford Motor Co. (F) posted a 24% fall in profit to $1.2 billion or 30 cents per share (before special items) in the fourth quarter of 2010 from $1.58 billion or 43 cents per share (before special items) in the same quarter of 2009. With this, the automaker has missed the Zacks Consensus Estimate...
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Ford Gets Smoked. Watch This Level
Friday, January 28, 2011 - 11:42am | 74Ford Motor Co.(NYSE: F) is declining sharply this morning by trading down by over 8.50 percent. This is one of the sharplest drops we have seen for the leading auto maker in quite a while. The stock will is now coming into some intra-day support around the $16.75 area. This is where aggressive...
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What Happened To Ford? (F)
Friday, January 28, 2011 - 9:09am | 292Ford (NYSE: F) reported earnings this morning that missed Wall Street estimates, and the stock is getting slammed, so what happened? The company reported earnings of 30 cents per share on revenues of $32.5 billion, while Wall Street was expecting earnings of 48 cents per share on revenues of $30.4...
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A Peek Into The Market Before The Trading Starts
Friday, January 28, 2011 - 8:45am | 578Pre-open movers US stock futures are higher this morning as investors are awaiting figures on Q4 economic growth. Futures for the Dow Jones Industrial Average gained 11 points to 11,955 and S&P 500 futures rose 0.20 point to 1,296. Futures for the Nasdaq 100 gained 2.75 points at 2,326. A Peek...
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Ford Reports Q4 EPS of $0.30
Friday, January 28, 2011 - 8:17am | 57Ford Motor Company (NYSE: F) reports its Q4 adjusted EPS at $0.30, versus the consensus of $0.48. Ford reports its Q4 revenue at $32.5 billion, versus the consensus of $30.57 billion. Ford shares fell 2.61% to $18.30 in pre-market trading. Read more from Benzinga's Company news.
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Stocks To Watch For January 28 (MSFT, CVX, VZ, TMRK, F, AMZN)
Friday, January 28, 2011 - 5:36am | 311Some of the stocks that may grab investor focus today are: Microsoft (NASDAQ: MSFT) reported its FQ2 earnings at $6.63 billion, or $0.77 per share, compared with $6.66 billion, or $0.74 per share, in the year-earlier period. The company's revenue came in at $19.95 billion, up from $19 billion, in...
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Thor Industries Officer Sells 30,000 Shares of THO
Thursday, January 27, 2011 - 5:34pm | 50In a Form 4 filed earlier today, Thor Industries (NYSE: THO) Officer, Ronald Fenech, reported that he sold 30,000 shares of THO on January 25th for an average price of $36.18. The transaction totaled $1,085,400. Mr. Fenech owns 71,239 direct shares of THO. Source: The Washington Service
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Ford Recalls Frost bitten Vehicles - Analyst Blog
Thursday, January 27, 2011 - 1:31pm | 454Ford Motor Co. (F) will recall about 525,000 units of its Windstar minivans in the colder regions of the U.S., Canada and other countries due to a corrosion-related problem in the vehicles. The vehicles were manufactured between 1999 to 2003. The National Highway Traffic Safety Administration (...
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Ford Recalls Frost bitten Vehicles - Analyst Blog
Thursday, January 27, 2011 - 1:15pm | 454Ford Motor Co. (F) will recall about 525,000 units of its Windstar minivans in the colder regions of the U.S., Canada and other countries due to a corrosion-related problem in the vehicles. The vehicles were manufactured between 1999 to 2003. The National Highway Traffic Safety Administration (...
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Benzinga's Political Roundup (EWJ, INTC, GM)
Thursday, January 27, 2011 - 12:54pm | 106S&P cut the rating on Japanese debt this morning, lowering it to AA- from AA. The U.S. Treasury may sell its stake in General Motors (NYSE: GM) faster than initially thought. Intel (NASDAQ: INTC) won approval from the European Union over its acquisition of McAfee Inc (NYSE: MFE).
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General Motors Withdraws Federal Loan Application
Thursday, January 27, 2011 - 10:57am | 70General Motors (NYSE: GM) today announced it is withdrawing its $14.4 billion application for direct loans from the U.S. Department of Energy. The Advanced Technology Vehicles Manufacturing Loan Program (Section 136 of the Energy Independence and Security Act passed in December 2007) authorized $...