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General Motors December Sales Better Than Expected (GM)
Tuesday, January 4, 2011 - 11:54am | 64General Motors (NYSE: GM) just reported December sales, and sales were much better than expected. The four core brands (Chevrolet, Buick, Cadillac and GMC) were up 16% from last year. 223,000 vehicles were sold in the month of December. Including discontinued brands, sales were flat. At last check...
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General Motors 2010 Calendar Year Sales Up 21 Percent
Tuesday, January 4, 2011 - 11:46am | 97General Motors (NYSE: GM) dealers reported 223,932 total sales in December, a 16-percent increase from a year ago for the company's four brands. The gain was driven by solid retail sales which were 27 percent higher than a strong December a year ago. For the calendar year, total sales for GM's four...
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Previewing Today's Economic Reports
Tuesday, January 4, 2011 - 9:37am | 142Today is pretty light in terms of economic reports, but the few that are being released have heavy weight in terms of being market moving. Factory Orders for November are due out at 10:00 ET, and economists expect a drop of 0.3%. At 2:15 p.m. EST, the minutes from the last FOMC minutes will be...
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Mad Money Lightning Round: Cramer Advises Investors To Buy Baidu (AXL, F, GM, LLY, BIDU, DEO)
Tuesday, January 4, 2011 - 4:58am | 188On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he is a “huge believer in American Axle (NYSE: AXL). I think there will be a big build of autos. Ford Motor (NYSE: F) is breaking out, General Motors (NYSE: GM) is breaking out and I think it would be dangerous to short this stock...
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U.S. December Auto Numbers Expecting Large Increase (F, GM, TM, NSANY, HMC)
Monday, January 3, 2011 - 3:52pm | 377Harsh winter weather and a still-dicey economy did not stop those in December to pursue buying a new car. Auto analysts predict December's auto industry to be the strongest month of 2010. The final December U.S. tallies arrive Tuesday and are expected to show sales of about 1.13 million vehicles,...
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Monday's Mid-day Options Volume Leaders (BAC, C, AAPL, JPM, F)
Monday, January 3, 2011 - 12:50pm | 1312011 is off to a bang with the S&P 500 (CBOE: SPX) trading higher by 17.40 points, at $1,275.04. It should be noted that the last time the SPX traded more than 1% higher the first day of the year, the next 3-weeks brought an average downdraft of -0.1% to -10.6%. Here are your mid-day options...
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Ford's Auto Start-Stop Coming To North America (F)
Monday, January 3, 2011 - 12:38pm | 259Another Ford (NYSE: F) fuel-saving technology is coming to North America, according to this article. This feature is available on Ford Fusion Hybrid and Ford Escape Hybrid and other Ford cars in Europe, and will be available on conventional Ford cars, crossovers and SUVs in North America. The...
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Year-End 2010: Looking Backward and Forward (in Volatility Terms)
Friday, December 31, 2010 - 5:03pm | 1498Volatility for an options trader can basically mean two different things. There is historical volatility and implied volatility. Actual historical volatility is the objective measurement of the past movement of a security expressed in annualized terms. Typically, this compares prices on a close-...
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GM Is Closing the Year in Style
Friday, December 31, 2010 - 9:08am | 82(TheStreet) -- GM (NYSE: GM) is closing out one of the most eventful years in its history on a positive note. On Thursday, the stock hit $36.98, its high since it began trading on Nov. 18. It closed Thursday at $36.82, up 80 cents. In the six weeks since GM went public, its shares have traded in a...
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Jobless Claims Drop As Chicago PMI Soars, But Is It Enough?
Thursday, December 30, 2010 - 3:31pm | 389The big news today is that jobless claims have dropped to its lowest number since July 2008. The U.S. Department of Labor said that 388,000 people filed claims, down from 422,000 filed the previous week. At the same time, the Chicago PMI (an index that gauges manufacturing activity), has blown away...
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Honda to Recall Snow Blowers - Analyst Blog
Thursday, December 30, 2010 - 2:03pm | 586Honda Motor Co. (HMC) announced that it will recall 18,500 snow blowers in order to repair their fuel-tank that seep or leak fuel, leading to fire. The company has received 90 complaints of fuel seepage. However, no fire accidents have been reported yet. The blowers were sold across the U.S....
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Honda to Recall Snow Blowers - Analyst Blog
Thursday, December 30, 2010 - 1:45pm | 586Honda Motor Co. (HMC) announced that it will recall 18,500 snow blowers in order to repair their fuel-tank that seep or leak fuel, leading to fire. The company has received 90 complaints of fuel seepage. However, no fire accidents have been reported yet. The blowers were sold across the U.S....
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When You Wish Upon A Star: 3 CEO's Whose Dreams Came True This Year (F, AAPL, GM)
Thursday, December 30, 2010 - 11:31am | 567As 2011 approaches and we turn the page on 2010, let's look back at a few CEO's whose dreams came true this year, and helped shareholders in the process. Apple's (NASDAQ: AAPL) Steve Jobs truly is the P.T. Barnum of our time. Jobs has turned around the music industry, the movie industry and the...
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Winnebago Industries Purchases Sunnybrook
Wednesday, December 29, 2010 - 5:28pm | 60Winnebago Industries, Inc. (NYSE: WGO), a leading United States (U.S.) motor home manufacturer, today, through a newly formed, wholly-owned subsidiary, Winnebago of Indiana, LLC, consummated the purchase of substantially all of the assets of SunnyBrook RV, Inc. pursuant to an Asset Purchase...
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Toyota's Output Dips Again - Analyst Blog
Wednesday, December 29, 2010 - 2:03pm | 525Toyota Motor Corp. (TM) witnessed an 8.7% fall in global production for the third straight month in November to 656,924 vehicles. The automaker, highly criticized for its spate of automotive safety recalls this year, saw a dip in exports by 9.4% and a plunge in domestic sales by 35% during the...