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Bank of Japan Votes To Keep Interest Rates Near Zero
Wednesday, September 8, 2010 - 10:24am | 210The Bank of Japan (BOJ) has voted to keep interest rates near zero, and holding off on further measures to try and get a handle on the strengthened yen. The decision by the nine-member Policy Board was unanimous to keep rates at .1%. The rate has not changed since December 2008. The BOJ held an...
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Potash (NYSE:POT) sees short-term bullish attention
Wednesday, September 8, 2010 - 9:19am | 1342Potash (NYSE:POT) outperformed the market yesterday after the rumor mills reignited with takeover speculation. The latest theory is that Sinochem could be interested in acquiring the agro-chemical company. The shares closed up more than half a percent at $149.49. Notably active on the options...
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Bullish options strategy in Ford Motor (NYSE:F)
Wednesday, September 8, 2010 - 9:14am | 1435Ford Motor (NYSE: F) shares drifted lower along with the broader market Tuesday, down roughly 2.2% to $11.80, breaching the 12 strike. Perhaps seeing this is a buying opportunity, a large-scale investor put on a bullish intermediate-term trade to bank on upside through the end of the year. The...
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Nissan Focuses on Argentina - Analyst Blog
Tuesday, September 7, 2010 - 5:36pm | 351Nissan Motor (NSANY) intends to strengthen its presence in Argentina by forming a partnership with Manuel Antelo in late 2011. At the end of 2011, the responsibility to market the automaker’s products in the country will be handed over to Antelo from its present distributor, Renault Argentina S.A....
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Ford and Changan May Expand - Analyst Blog
Tuesday, September 7, 2010 - 4:36pm | 366The Chinese automaker Chongqing Changan Automobile has entered into discussions with its joint venture (JV) partner Ford Motor Co. (F) to expand their presence outside China. To this extent, Changan is also teaming up with Shanghai Automotive Industry Corp. (“SAIC”) in order to expand its tie up...
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Toyota Recalls Could Send Automaker to #3 Spot in 2010 (TM, F)
Tuesday, September 7, 2010 - 2:19pm | 188Toyota Motor Corporation (NYSE: TM) could slip to the number 3 spot in U.S. auto sales this year, hit hard by recalls and a quiet global recovery. According to a CNBC.com report, Toyota has sold 1.018 million cars so far this year. That lags behind Ford (NYSE: F) at 1.155 million and Chevy at 1.052...
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China Growth For Major Car Companies Slows
Friday, September 3, 2010 - 2:12pm | 157It may turn out that China is not the Holy Grail for multinational car companies that they believed it would be. The world’s largest car market was supposed to offer the opportunity for corporations like Ford (NYSE: F) and GM to post 40% or 50% sales increases per month. The number of light...
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A Basket of Green Stocks to Buy
Thursday, September 2, 2010 - 3:22pm | 325(TheStreet) -- What We Mean by "Green Stocks": Lithium battery makers and companies further up the supply chain Why Buy Them: Lithium batteries -- already growing increasingly popular for powering numerous electronic devices -- are expected to accelerate in popularity with the growth of electric or...
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Ford China and India August Sales Increase 37 Percent (F)
Thursday, September 2, 2010 - 12:26pm | 133In China and India, Ford (NYSE: F) sold 51,972 vehicles in August, a 37 percent increase from August 2009 Ford year-to-date sales for China and India were 422,779, up 52 percent from the year-ago period The Asia Pacific and Africa region will account for 70 percent of Ford's growth in the next 10...
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Late Market Roundup
Wednesday, September 1, 2010 - 2:47pm | 221Ford Motor Co (NYSE: F) has reported that its US sales have dropped 10.7% to 157,503 cars and trucks in August, as the company’s year-ago results also reflect the government's cash-for-clunkers promotion. Focus and Fusion sales reported a double-digit decline in August. Energy stocks started...
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Nissan Posts 27% Drop In August Sales
Wednesday, September 1, 2010 - 2:26pm | 248Nissan Motor Co. (NSANY) posted a 27% decrease in U.S. auto sales in August, the first decline since last September, as results a year ago benefited from the "Cash for Clunkers" program. Japan's second-biggest car maker by worldwide sales volume after Toyota Motor Corp. (TM, 7203.TO) reported it...
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Honda August US Sales Slide 33%
Wednesday, September 1, 2010 - 2:07pm | 181Honda Motor Co. (NYSE: HMC) reported a 33% slide in U.S. auto sales in August as the Japanese auto maker reported record sales for the month a year ago on surging demand from the government's Cash for Clunkers. The company reported it sold 108,729 vehicles, down from 161,439 a year ago and falling...
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Zacks Industry Outlook Highlights: ArcelorMittal, Ford Motor, Toyota Motor and Honda Motor - Press Releases
Wednesday, September 1, 2010 - 2:06pm | 1226For Immediate Release Chicago, IL – September 1, 2010 – Today, Zacks Equity Research discusses the Metals & Mining, including ArcelorMittal (MT), Ford Motor Company (F), Toyota Motor Corporation (TM) and Honda Motor Company (HMC) A synopsis of today’s Industry Outlook is presented below. The...
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Afternoon Market Update (EXPE, PCLN, OWW, C, BAC)
Wednesday, September 1, 2010 - 1:30pm | 245Shares of Expedia Inc (NASDAQ: EXPE) gained about 6.34%, along with the broader market. EXPE’s shares have risen more than 15% in the past three months, but the stock is still down about 6% this year. Shares of rival Priceline.com Inc (NASDAQ: PCLN) are also up about 3.87%, while Orbitz Worldwide...
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Nissan to Boost China Output - Analyst Blog
Wednesday, September 1, 2010 - 1:03pm | 359Nissan Motor (NSANY) has revealed it plan to open a joint venture assembling facility in South China with its partner Dongfeng Motor Corp. This will be the second facility of the cars and light commercial vehicles joint venture in the country. It already operates a plant in Zhengzhou, capital of...