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Steel Industry Outlook - Nov. 2010 - Industry Outlook
Friday, October 29, 2010 - 6:36pm | 2562The U.S. houses one of the world's largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion's share of sales. ArcelorMittal (MT) is the world's largest steel company, with crude steel production of 73.2 million tons in 2009, representing about 6...
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Honda Profits More than Double - Analyst Blog
Friday, October 29, 2010 - 11:03am | 865Honda Motor Co. (HMC) showed a profit of ¥135.93 billion ($1.62 billion) or ¥75.24 (90 cents) per share in the second quarter of its fiscal 2011, which more than doubled from ¥54.04 billion ($644.81 million) or ¥29.78 (36 cents) per share in the year-ago period (at constant exchange rates)....
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If Roubini Is Wrong, Does Anyone Care?
Friday, October 29, 2010 - 10:26am | 306Nouriel Roubini got it wrong again, and is now calling out his attackers with childish name calling (very befitting of a "distinguished" professor at NYU). The point is, this man has been wrong for the past 19 months, and at this point, does anyone really care? No. He now says that Q4 will come in...
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Toyota Secretly Bought Problem Cars
Friday, October 29, 2010 - 10:13am | 109Toyota (NYSE: TM) secretly bought back from U.S. consumers vehicles it found with speed-control defects as part of a strategy to hide unintended-acceleration problems from safety regulators and the public, a revised lawsuit claims. The repurchase transactions included strict confidentiality...
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4 of the World's Most Reliable Cars
Friday, October 29, 2010 - 9:59am | 203(TheStreet) -- Consumer Reports' 2010 reliability study contained good news for both Ford (NYSE: F) and General Motors. Like several recent evaluations -- including J.D. Power's 2010 Initial Quality study -- the Consumer Reports study buttresses the perception that finally, U.S. automakers have...
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Mad Money Lightning Round: Cramer Likes Immunogen, Ford, PMI Group, RF Micro Devices, JPMorgan Chase (IMGN, F, PMI, VG, T, VZ, MSFT, XOM, RFMD, SWKS, JPM, WFC, C)
Friday, October 29, 2010 - 5:55am | 260On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he considers Immunogen (NASDAQ: IMGN) as one of his “speculative plays.” He likes IMGN. For Ford Motor (NYSE: F), he said, "They're taking care of their debt and the cost of borrowing is going down.” He likes Ford. Jim considers...
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Cars And Recalls: Like Peanut Butter And Spoiled Jelly
Thursday, October 28, 2010 - 3:02pm | 313Will the motor vehicle recalls ever come to an end? While they have always been a part of the industry, it seems that Toyota Motor Corporation (NYSE: TM) – the leader in worldwide recalls – has inspired every manufacturer to jump on the bandwagon. Many of them are jumping on again and again. Just...
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Is GM Finally A Buy Now?
Thursday, October 28, 2010 - 2:40pm | 316General Motors Co. said today it was going to cut its debt and pension obligations by a whopping $11 billion, as the company is set to go public in just a few weeks. This is a good thing, and should make the optimists feel a bit better about the company's IPO. GM said it's going to buy $2.1...
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Option Strategies for Ford Motor (NYSE:F) Watchers
Thursday, October 28, 2010 - 1:19pm | 2271Ford Motor (NYSE:F) remains in solid recovery mode judging by its latest earnings figures announced earlier this week. In the third quarter, F earned 48 cents per share, 10 cents better than analysts were expecting and 22 cents better than the year-ago period. Revenue, however, fell 4.3% year-over...
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Benzinga's Political Round Up
Thursday, October 28, 2010 - 12:02pm | 130The Bank of Japan left interest rates steady, cut its growth outlook and gave details on its asset buying program. The BOJ is enacting quantitative easing, which they hope will weaken the yen, to help exporters like Honda (NYSE: HMC) and Toyota (NYSE: TM). Regulators have urged countries across...
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Stock Market News for October 27, 2010 - Market News
Wednesday, October 27, 2010 - 3:33pm | 1211After a lackadaisical session, stocks closed mostly flat on Tuesday as mixed earnings and economic reports failed to motivate traders. Investors appeared jittery ahead of next week's mid-term elections and a sliding dollar. The blue-chip Dow average gained a little more than 5 points to close at...
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Zacks Analyst Blog Highlights: Ford Motor, Wal-Mart, Darden Restaurants, Weyerhaeuser and Berkshire Hathaway - Press Releases
Wednesday, October 27, 2010 - 3:33pm | 1882For Immediate Release Chicago, IL – October 27, 2010 – Zacks.com Analyst Blog features: Ford Motor Co. (F), Wal-Mart (WMT), Darden Restaurants, (DRI), Weyerhaeuser (WY) and Berkshire Hathaway, (BRK.B ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros...
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Correlation Between Euro & SPY Intact Today 10-27-2010
Wednesday, October 27, 2010 - 3:32pm | 860Cusick's Corner As I have stated in past Corners, as the Euro Currency goes so does the market -- that correlation between FXE and SPY is still intact today. The Euro FXE pulled back in the last week from the $1.40 to the $1.37 and the SPY has been in lock step with this move. Both markets are...
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UBS Raises Price Target On Ford (F)
Wednesday, October 27, 2010 - 12:32pm | 99Analysts at UBS raised their price target on shares of Ford (NYSE: F) from $17 to $18. The firm has a Buy rating on the stock. During today's trading session, F shares have fallen 1.60% to $14.13. Yesterday, Ford CEO Alan Mulally appeared on CNBC and said that the company will have no debt by the...
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Following Ford Motor Company 3Q10 EPS, Deutsche Bank Maintains Buy Rating
Wednesday, October 27, 2010 - 8:44am | 103Ford Motor Company (NYSE: F) reported 3Q10 EPS of $0.48 “vs. our $0.34 estimate and consensus of $0.38,” Deutsche Bank reports. Pretax earnings were $2.1 bn vs. Deutsche Bank's $1.5 bn estimate. “Overall, we thought that Ford's Q3 results, and the company's comments, reinforced a number of points...