-
ADP Sees 10,000 Jobs Lost - Analyst Blog
Wednesday, September 1, 2010 - 11:12am | 1489The Automatic Data Processing (ADP) employment survey was a big disappointment in August. It shows that private sector employment fell by 10,000 in August, well below consensus expectations for a 13,000 increase. This was the first decline in jobs as calculated by ADP this year. ADP, as the largest...
-
Metals and Mining Review - Sept. 2010 - Industry Outlook
Tuesday, August 31, 2010 - 6:12pm | 2617Overview The Metals & Mining Industry encompasses the extraction (mining), as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting for the lion’s...
-
Toyota Motor (TM) “stalls” amid continued recall news
Monday, August 30, 2010 - 1:40pm | 1691The recall drama isn’t over for Toyota Motor (NYSE:TM), which last week announced the recall of 1.1 million 2008 Corolla and Matrix vehicles, citing engine control troubles. The potential flaw may result in stalling, which is ironic given that the automaker’s recent high-profile recall dealt with...
-
Johnson Wins German Contract - Analyst Blog
Monday, August 30, 2010 - 1:03pm | 561Johnson Controls Inc. (JCI) has won a 10-year energy performance contract with the German Army valued at €1.3 million ($1.7 million). Under the deal, Johnson will modernize the army’s Oranienstein base in Diez. The project has already started and is slated to complete by the end of this year....
-
Ford Recalls 575,000 Windstars - Analyst Blog
Monday, August 30, 2010 - 12:45pm | 470Ford Motor Co. (F) will recall 575,000 units of its Windstar vans in the cold weather states in the U.S. and Canada due to a problem with their rear axle. The National Highway Traffic Safety Administration (NHTSA) began an investigation into the problem during May this year and found that the rear...
-
Zacks Analyst Blog Highlights: Toyota Motor, Ford, Toyota, Boeing Company and Dollar Financial - Press Releases
Monday, August 30, 2010 - 9:04am | 2025For Immediate Release Chicago, IL – August 30, 2010 – Zacks.com Analyst Blog features: Toyota Motor Corp. (TM), Ford (F), Toyota (TM), Boeing Company (BA ) and Dollar Financial Corporation (DLLR). Here are highlights from Friday’s Analyst Blog: Toyota Recall Parade Continues Toyota Motor Corp. (TM...
-
Chrysler May Shine As Car Sales Slow
Monday, August 30, 2010 - 8:01am | 251Car sales will probably slow in August as the economy begins to sputter and people wait to see more of the models which will be launched for the 2011 model year. The trend of rising auto sales has begun to fall apart recently. Edmunds, the car research company, says that annualized U.S. sales will...
-
Company News for August 27, 2010 - Corporate Summary
Friday, August 27, 2010 - 6:33pm | 631• Toyota (NYSE: TM) announce recalls of over 1 million Corolla and Corolla Max vehicles due to engine problems • H-P (NYSE: HPQ) sweetened its 3Par (NYSE: PAR) bid, which was followed this morning with Dell's (NASDAQ: DELL) matching the $27 per share bid • Tiffany (NYSE: TIF) posted second-quarter...
-
GDP Revised Down on Inventory, Trade - Analyst Blog
Friday, August 27, 2010 - 12:54pm | 3868Prelude GDP growth in the second quarter was revised down to 1.6% from a preliminary reading of 2.4%. This post is essentially a re-post of my analysis of the first reading, only the numbers that were released a month ago are now in parenthesis, while the current estimates are in bold. This will...
-
Ford and Mazda to Invest in Thai JV - Analyst Blog
Friday, August 27, 2010 - 9:36am | 331Ford Motor Co. (F) and Japan's Mazda Motor announced their plan to invest $350 million in their Auto Alliance joint venture (JV) plant in Rayong, Thailand. The investment will revamp the facility and help build a redesigned version of their compact pickup trucks from mid-2011. However, the...
-
More? Toyota Issues New Recalls (TM)
Thursday, August 26, 2010 - 3:51pm | 212Toyota Motor Corp. (NYSE: TM) will recall an additional 1.13 million Corolla and Matrix vehicles after U.S. regulators raised concerns that stalling could occur "at any speed without warning." Toyota said today that it will recall the vehicles for the 2005 to 2008 model years in the U.S. and Canada...
-
Ford To Unveil New Vehicles In India (F)
Thursday, August 26, 2010 - 2:33pm | 136Ford (NYSE: F) is going to unveil 8 new vehicles in India as it looks to expand globally to capitalize on stronger demand, writes the Wall Street Journal. Ford said it would release its popular Figo in more than 50 markets next year the company said. The Figo model has been popular in India,...
-
Toyota Has Plenty Of Friends In Mississippi But Few Elsewhere
Thursday, August 26, 2010 - 11:19am | 139Toyota Motor Corp. (NYSE: TM), whose already bruised reputation suffered another blow yesterday following yet another media report about a government safety investigation, does have plenty of friends in Mississippi. That’s where the Japanese automaker plans to open its Blue Springs plant which will...
-
Slowdown? What Slowdown? Tata Asks For More Jaguar Engines On Strong Demand (TTM, F)
Thursday, August 26, 2010 - 10:30am | 300Tata Motors (NYSE: TTM) certainly isn't seeing a slowdown. At least not in the demand for its Jaguar and Land Rover lines. In a Wall Street Journal report, Tata announced today that it is in talks with Ford (NYSE: F) to receive more engines for its Jaguar and Land Rover brands, as the Indian car...
-
Zacks Analyst Blog Highlights: Boeing, Textron, Caterpillars, Ford and Paccar - Press Releases
Thursday, August 26, 2010 - 7:49am | 1595For Immediate Release Chicago, IL – August 26, 2010 – Zacks.com Analyst Blog features: Boeing (BA), Textron (TXT), Caterpillars (CAT), Ford (F) and Paccar (PCAR ). Here are highlights from Wednesday’s Analyst Blog: Durable Goods Report: Dismal New Orders for Durable Goods rose just 0.3% in July....