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Nissan Progresses Construction of Electric Vehicle Battery Plant
Wednesday, January 26, 2011 - 2:33pm | 141Construction is progressing on Nissan's (NSANY) manufacturing facility in Smyrna, Tenn., which will produce lithium-ion batteries to power the Nissan LEAF zero-emission vehicle. The all-electric Nissan LEAF will be produced at Nissan's vehicle assembly facility in Smyrna beginning in 2012. The...
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GM Ventures Makes $7M Investment in Envia Systems
Wednesday, January 26, 2011 - 2:00pm | 65General Motors (NYSE: GM) Ventures LLC invested $7 million in Newark, Calif.-based Envia Systems to provide GM's battery engineering team with access to advanced lithium-ion cathode technology that delivers higher cell energy density and lower cost. In a separate agreement, GM has secured the...
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Michael Steinhardt's Best Investment
Wednesday, January 26, 2011 - 1:35pm | 196What was Michael Steinhardt's best investment? Was it Apple (NASDAQ: AAPL)? General Motors? (NYSE: GM)? Microsoft (NASDAQ: MSFT)? As it turns out, it wasn't any of the big corporations you might have expected. Despite his success as a hedge fund manager, Steinhardt's best investment has nothing to...
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Toyota Motor Dips On Recall News
Wednesday, January 26, 2011 - 11:54am | 95Toyota Motor Corp.(NYSE: TM) has been plagued by recalls. Today the stock is trading lower again as the company announces another round of auto recalls. The stock is trading lower by $1.38 to $82.47 a share. There will be short term intra-day support for Toyota stock around the $82.00 level. This...
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Bears Taking Toyota Motor For a Drive (TM)
Wednesday, January 26, 2011 - 11:44am | 125Shares of TOYOTA MOTOR (NYSE: TM) are lower on the session by 1.62%, currently trading at $82.50. The stock has been moving largely higher over the past four months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...
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Top 4 Small-Cap Stocks In The Recreational Vehicles Industry With The Highest Cash (WGO, ACAT, DW, MPX)
Wednesday, January 26, 2011 - 4:38am | 130Below are the top small-cap recreational vehicle stocks on the NYSE and the NASDAQ in terms of cash. Winnebago Industries Inc (NYSE: WGO) had $86.42 million in total cash and no debt for the latest quarter. Arctic Cat Inc (NASDAQ: ACAT) had $80.87 million in total cash and no debt for the latest...
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Fast Money Picks For January 26th (RIO, CMG, BLK, GM)
Tuesday, January 25, 2011 - 7:49pm | 199Tim Seymour said on CNBC's Fast Money that investors with a short position in Rio Tinto plc (ADR) (NYSE: RIO) should cover on Wednesday. Rio Tinto plc (ADR) (RIO) fell 2.78% today, and closed at $68.57. Guy Adami wants to buy BlackRock, Inc. (NYSE: BLK) tomorrow, and Brian Kelly thinks that it...
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Volkswagen Has Ultra Efficient Car, Will Others Follow? (F, GM, TM, NSANY)
Tuesday, January 25, 2011 - 2:43pm | 261Volkswagen has developed a car that can travel 313 miles on a gallon of diesel fuel, and emits 38 grams of carbon dixode for every mile traveled, something no other car maker has to offer yet. The Volkswagen XL1, seats two adults and has an 0.8 liter two cylinder diesel engine, to go along with...
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What's Good for GM is Good for.... China?
Tuesday, January 25, 2011 - 2:30pm | 503Time to toss out another old saying that once referenced America, as yet another milestone is passed. For the first time ever, General Motors (GM) is selling more cars in China than the U.S. Via AP: General Motors Co. sold more cars and trucks in China last year than it did in the U.S., for the...
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GM To Rehire Flint Workers - Analyst Blog
Tuesday, January 25, 2011 - 12:00pm | 326General Motors Corporation (GM) appeared to be the saviour for workers in Flint, Michigan by announcing its plan to rehire 750 people at the heavy-duty pickup manufacturing plant. The decision was backed by the need to meet robust demand for Chevrolet Silverado and GMC Sierra pickup trucks....
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GM To Rehire Flint Workers - Analyst Blog
Tuesday, January 25, 2011 - 11:30am | 326General Motors Corporation (GM) appeared to be the saviour for workers in Flint, Michigan by announcing its plan to rehire 750 people at the heavy-duty pickup manufacturing plant. The decision was backed by the need to meet robust demand for Chevrolet Silverado and GMC Sierra pickup trucks....
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CSX: The Little Trade That Could (KSU, NSC, UNP, CSX, BRK-B)
Tuesday, January 25, 2011 - 9:11am | 417CSX Corp. (NYSE: CSX) reported blow out earnings yesterday after the bell, and the rails are chugging along, showing strong growth. The rails are stocks that deserve a place in your portfolio for many reasons, the most important being it's a strong indicator of a global economic recovery. This...
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Fast Money Picks For January 25th (BTU, GFI, MCD, TER, GM)
Monday, January 24, 2011 - 7:53pm | 295Stephen Weiss said on CNBC's Fast Money that he bought Peabody Energy Corporation (NYSE: BTU) today. Peabody Energy Corporation (BTU) is reporting earnings on Tuesday morning, and Stephen Weiss is bullish. BTU gained 1.93% on Monday, and it closed at $59.29. In the after hours, it gained additional...
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You're the Government's Fall Guy
Monday, January 24, 2011 - 4:02pm | 973Yes, you are the fall guy. The Government has your money in its sights Yield Curve Manipulation Yes, you are the fall guy. I should qualify the statement: if you are a homeowner, a taxpayer, a retiree, or...
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GM to Add Third Shift, 750 Jobs in Flint, MI
Monday, January 24, 2011 - 11:30am | 61General Motors (NYSE: GM) today announced plans to add a third shift at Flint Assembly, generating 750 jobs for the plant that makes the award-winning Chevrolet Silverado and GMC Sierra heavy-duty pickups. The shift is expected to start in the third quarter with employees starting to arrive at...