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General Motors Swings To Q2 Profit
Thursday, August 12, 2010 - 7:45am | 56General Motors (NYSE: GM) reports its Q2 EPS at $2.55, as compared to the loss of $21.12, in the year-ago quarter. GM’s Q2 revenue came in at $33.2 billion. GM’s shares closed at $0.75 yesterday. Read more from Benzinga's Company news.
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Buy Indian Cars With Tata Motors (TTM)
Thursday, August 12, 2010 - 4:55am | 608In the emerging markets arena, India frequently plays second-fiddle to China. India is the second-largest country in the world by population. It’s also growing fast, but not as fast as China. Investors should not be deceived by the statistics: India offers plenty of opportunities. The...
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Mad Money Lightning Round: Cramer Thinks That MHS Is A Buy (PG, PCLN, F, WG, FLR, EXPD, AAWW, MHS)
Wednesday, August 11, 2010 - 8:24pm | 293On CNBC's Mad Money Lightning Round, Jim Cramer said that people will come tomorrow between 12:30 and 2 o'clock, and buy The Procter & Gamble Company (NYSE: PG). The Procter & Gamble Company (PG) fell 0.84% today. Cramer wants to buy priceline.com Incorporated (NASDAQ: PCLN) tomorrow on the...
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Trade Deficit Jumps to $49.9B - Analyst Blog
Wednesday, August 11, 2010 - 3:10pm | 3461In June, the nation's Trade Deficit jumped to $49.90 billion from $41.98 billion in May, and from just $27.14 billion a year ago. That is an 18.9% rise for the month and a 83.9% increase from a year ago. It is far worse than the expectations which were for the trade deficit to be more or less...
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General Motors IPO Could Be Filed As Soon As Friday
Wednesday, August 11, 2010 - 2:50pm | 44General Motors (NYSE: GM) IPO filing could be filed with the SEC as soon as Friday, according to CNBC's David Faber. The bankers want to get it done before they head out on their summer vacation.
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Company News for August 11, 2010 - Corporate Summary
Wednesday, August 11, 2010 - 10:05am | 384• National Securities initiated coverage of NeoStem (NYSE: NBS) with a "buy" rating and a $3 price target • WD-40 (NASDAQ: WDFC) offered upside fiscal 2010 guidance for fully diluted share earnings matching or topping prior guidance $2.05-$2.14 • Macy's (NYSE: M) beat estimates with second quarter...
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AutoNation Sales Rise 5% - Analyst Blog
Wednesday, August 11, 2010 - 10:04am | 767AutoNation Inc. (AN) sold 19,688 retail new vehicles last month, up 5% from July 2009. Sales rose marginally due to unfavorable comparison with the last year’s Cash for Clunkers program that generated significant demand for retail vehicles. Sales of the Domestic brands, which comprise stores that...
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TheStreet Ratings 10 Cheapest Large-Cap Stocks
Wednesday, August 11, 2010 - 7:16am | 447BOSTON (TheStreet) -- Investors wary of a soft patch in the economy have piled into government debt, whose yields are slim. The following 10 stocks, the cheapest on the S&P 500, sell for less than seven times earnings, reflecting a deep discount. They're ordered by forward earnings multiple,...
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Earnings Still Going Strong - Earnings Trends
Monday, August 9, 2010 - 5:53pm | 5022Key Points: Second quarter earnings season shaping up as a very strong one. So far 86.6% of firms have reported (433). Surprise ratio 4.45 with a 6.19% median surprise. 75.1% of all firms beat expectations. Total net income grows 42.3%. Sales Surprise ratio at 1.71, median surprise 1.07%; 59.4% of...
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U.S. Automakers Drive Sales - Analyst Blog
Monday, August 9, 2010 - 5:52pm | 705The light vehicle sales in the U.S. during July rose marginally by 2.2% to 11.54 million vehicles in terms of seasonally adjusted annual rate, driven mainly by strong sales gain experienced by the U.S. automakers. Pickup trucks and luxury cars were the hottest selling vehicles during the month. ...
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Ford Gets $250M Loan Guarantee - Analyst Blog
Monday, August 9, 2010 - 5:23pm | 451Ford Motor Company (F) has recently won approval for $250 million of working capital loan guarantee from the Export-Import Bank of the United States. The loan facility will finance about $3.1 billion of export sales for over 200,000 vehicles to Mexico and Canada. Using this loan guarantee, Ford...
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Employment Report In-Depth - Analyst Blog
Friday, August 6, 2010 - 5:05pm | 4154In July, the unemployment rate remained unchanged at 9.5% even though the economy lost a total of 131,000 jobs. The unemployment rate a year ago was at 9.4%. However, the private sector added 71,000 jobs. The big reason for the overall loss of jobs was that 143,000 temporary census workers...
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TRW Expands Facility in China - Analyst Blog
Thursday, August 5, 2010 - 5:32pm | 381In order to provide better service to its Asia-Pacific customer base, TRW Automotive Holdings Corp. (TRW) has recently initiated the production of electric power steering (“EPS”) from its facility located in Anting, China. As a fuel-saving and emission reducing technology, EPS is gaining global...
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Ford To Receive $250 Million Loan To Boost Exports (F)
Thursday, August 5, 2010 - 9:44am | 132Automaker Ford (NYSE: F) will receive a $250 million loan from U.S. government to help it export more than 200,000 vehicles across the world reports the Detroit News. The models that are being exported are the 2011 Ford Explorer, F-150 pickup, Focus, Escape, Expedition, E-Series Van, Taurus, and...
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Zacks Industry Rank Analysis Highlights: Ford, Paccar and Toyota - Press Releases
Thursday, August 5, 2010 - 8:53am | 1261For Immediate Release Chicago, IL – August 05, 2010 – Stocks featured in this week’s Zacks Industry Rank analysis include Ford (F), Paccar (PCAR) and Toyota (TM). Zacks Industry Rank Analysis is written by Dirk Van Dijk, CFA, Chief Equity Strategist for Zacks.com. Autos in the Fast Lane There are...