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Is The Economy Getting Better?
Tuesday, December 14, 2010 - 7:00am | 544Mike Licht There is a disturbing trend that is going largely unnoticed by many financial stations. Despite the fact that the economy is getting better, companies are laying off employees again. This is despite the new tax cut deal that will lower payroll taxes and give employers cost certainty...
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Merrill Lynch: Ford (F) is Headed to $24
Monday, December 13, 2010 - 1:45pm | 1485I've been a proponent of the auto industry for a good part of 2010 (although I missed the boat in latter 2009 and early 2010) once sales rebounded north of the 11.25M+ annual levels. As I've said many times analysts and normal folk simply did not realize how much cost (read: jobs, lower benefits,...
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Ford to Open New Plant in China - Analyst Blog
Monday, December 13, 2010 - 1:18pm | 501A news agency in China revealed that Ford Motor Co. (F) will build a new plant in the Nanchang city of China's Jiangxi province in 2011. The facility will start operation in 2013. Ford's plan to build the new plant in China is no doubt a part of its strategy to expand in the emerging countries...
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Ford to Open New Plant in China - Analyst Blog
Monday, December 13, 2010 - 12:50pm | 501A news agency in China revealed that Ford Motor Co. (F) will build a new plant in the Nanchang city of China's Jiangxi province in 2011. The facility will start operation in 2013. Ford's plan to build the new plant in China is no doubt a part of its strategy to expand in the emerging countries...
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GM Flat As Company Exec Asks For Pay Restrictions Loosened
Friday, December 10, 2010 - 2:25pm | 227General Motors Co. (NYSE: GM) is flat today, but that's not the biggest news of the day. CEO Dan Akerson spoke to an audience at the Economic Club in Washington today, and said that the company is facing losing top talent from its executives, due to the pay restrictions set upon it by the...
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Quiksilver (NYSE:ZQK) Options Volume Spikes on Takeover Rumors
Friday, December 10, 2010 - 1:02pm | 1642Quiksilver, Inc. (NYSE:ZQK) was an unlikely name to come across our radar in Thursday's trading. The apparel company, which caters to the young surfing, snowboarding, and skateboarding “dudes,” saw volume of close to eight million shares trade. This compares to average daily volume of less than...
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Ford to Overhaul Louisville Plant - Analyst Blog
Friday, December 10, 2010 - 10:33am | 636Ford Motor Co. (F) has decided to turn its Louisville plant into the most flexible one, capable of producing small cars, sport utility vehicles (SUVs) and wagons from next year. The company will invest $600 million for retooling the plant and add more shifts and workers. The investment is...
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GM Very Well Positioned, CEO Says
Friday, December 10, 2010 - 9:47am | 23General Motors (NYSE: GM) CEO, Daniel Akerson, says the company is very well positioned in 2011.
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Ford to Overhaul Louisville Plant - Analyst Blog
Friday, December 10, 2010 - 9:46am | 636Ford Motor Co. (F) has decided to turn its Louisville plant into the most flexible one, capable of producing small cars, sport utility vehicles (SUVs) and wagons from next year. The company will invest $600 million for retooling the plant and add more shifts and workers. The investment is...
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Rail Traffic Skyrockets: Good For Railroad Companies
Thursday, December 9, 2010 - 3:44pm | 222N. American rail traffic surged last week, the highest level it's been in since weeks. It jumped 111,000 rail cars to 687,000, and is now back up higher than the highest levels of 2010, which is a very strong sign for the economy going forward. Manufacturing and construction continue to lead the...
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Ford Up On Price Target Raise, Plant News
Thursday, December 9, 2010 - 2:03pm | 110Shares of Ford (NYSE: F) are up today after Merrill Lynch upgraded its price target to $24 today, as well as announcing plans to invest $600 million in a Louisville Assembly plant. Ford said the move will bring on 1,800 workers to the plant as it manufactures the next generation Escape compact SUV...
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Ratio Call Spread as a Stock Repair Strategy 12-08-2010
Wednesday, December 8, 2010 - 8:11pm | 937Cusick's Corner The market found itself near the morning highs and that's not surprising for today's range bound trade. As a matter of fact, a lot of the trade today was revolved around strategies that look to take advantage of premium selling, while adding upside potential without extending...
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Toyota to Expand Thailand Capacity - Analyst Blog
Wednesday, December 8, 2010 - 5:33pm | 559Toyota Motor Corp. (TM) announced that it will enhance its production capacity in Thailand by 20% to 600,000 vehicles per annum by mid-2011 in order to boost its sales in Southeast Asia. According to the Nikkei business daily, the Ban Pho facility – one of the three assembly facilities of Toyota...
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Thor Announces Director Retirements, Appoints New Independent Directors (THO)
Wednesday, December 8, 2010 - 5:26pm | 321At its regularly scheduled meeting, the Board of Directors of Thor Industries (NYSE: THO) appointed two new independent directors, James L. Ziemer and Andrew E. Graves. These appointments coincide with the retirement of long-standing board members William C. Tomson and Neil D. Chrisman, also...
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Toyota to Expand Thailand Capacity - Analyst Blog
Wednesday, December 8, 2010 - 5:05pm | 559Toyota Motor Corp. (TM) announced that it will enhance its production capacity in Thailand by 20% to 600,000 vehicles per annum by mid-2011 in order to boost its sales in Southeast Asia. According to the Nikkei business daily, the Ban Pho facility – one of the three assembly facilities of Toyota...