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Zacks Analyst Blog Highlights: Automatic Data Processing, Ford, Toyota Motor, Time Warner and SIRIUS XM Radio - Press Releases
Thursday, August 5, 2010 - 8:53am | 2109For Immediate Release Chicago, IL – August 05, 2010 – Zacks.com Analyst Blog features: Automatic Data Processing (ADP), Ford (F), Toyota Motor Corp. (TM), Time Warner Inc. (TWX) and SIRIUS XM Radio Inc. (SIRI ). Here are highlights from Wednesday’s Analyst Blog: ADP Sees Private Sector Grow Jobs...
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Autos in the Fast Lane - Zacks Industry Rank Analysis
Wednesday, August 4, 2010 - 4:17pm | 2112Industry Rank Analysis 08-04-10 A year ago, the Auto Industry stood at the edge of the abyss. Two of the most storied names in the industry -- GM and Chrysler -- had recently gone bankrupt, but they did so in a prepackaged form, with substantial government assistance. As a result, we are all...
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Valuable Freebies From Big Companies
Wednesday, August 4, 2010 - 10:47am | 481You could get freebies every day if you wanted to. Go to any restaurant and chances are high you'll be able to grab matches, toothpicks or mints free of charge. While going out to eat in order to get a free mint seems a bit absurd, there are plenty of other freebies that are much more valuable --...
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The Dog That Didn't Bark? - Earnings Trends
Wednesday, August 4, 2010 - 10:32am | 5015Key Points: Second quarter earnings season shaping up as a very strong one. So far 66.6% of firms reporting (333). Surprise ratio 4.63 with a 6.12% median surprise. Total net income grows 44.4%. Sales Surprise ratio at 1.83, median surprise 1.17%; 60% of all firms do better than expected on top...
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Zacks Analyst Blog Highlights: J.P. Morgan, Macy, Carnival Cruise Lines, Ford and Procter & Gamble - Press Releases
Wednesday, August 4, 2010 - 10:26am | 1548For Immediate Release Chicago, IL – August 04, 2010 – Zacks.com Analyst Blog features: J.P. Morgan (JPM), Macy (M), Carnival Cruise Lines (CCL), Ford (F) and Procter & Gamble Co. (PG ). Here are highlights from Tuesday’s Analyst Blog: Savings Rate Rising A large part of the decline in the...
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ADP Sees Private Sector Gain Jobs - Analyst Blog
Wednesday, August 4, 2010 - 10:24am | 1198Automatic Data Processing (ADP) reported that the private sector added 42,000 jobs in July, significantly higher than both the 19,000 gained in June according to its survey (revised up from 13,000, but still well below the 83,000 private sector job gains reported by the Bureau of Labor Statistics)...
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Company News for August 4, 2010 - Corporate Summary
Wednesday, August 4, 2010 - 10:01am | 397• Priceline (NASDAQ:PCLN) reported sharply better-than-expected sales and earnings for the second quarter. Earnings of $3.09 were sharply above Zacks expectations of $2.47, as revenues of $767.4 million beat estimates of $734 million. Goldman Sachs (NYSE:GS) kept its "buy" rating on the shares,...
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US Stock Futures Indicate Weak Opening
Wednesday, August 4, 2010 - 8:17am | 315US stock futures fell today as worries regarding the recovery in the US economy made investors jittery. While futures on the Dow Jones Industrial Average slipped 38 points to 10556, those on the S&P 500 moved down 5.10 points to 1113.20. Meanwhile, Nasdaq 100 futures shed 8.25 points to 1884.70...
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Despite July Sales Increase, Ford Shares Slip (F)
Tuesday, August 3, 2010 - 4:10pm | 136Ford Motor Company (NYSE: F) sold 170,411 vehicles last month, up 3.1% compared with July of 2009 when the government’s cash-for-clunker’s rebate plan began. Sales were helped by the Ford Fiesta, which is in its second month of sales. Ford's gain takes into account a 33% drop in sales for Volvo,...
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Lawsuit Alleges Toyota Knew Of Electronics Problems Long Time Before Recall
Tuesday, August 3, 2010 - 3:03pm | 112A lawsuit was filed against Toyota Motor (NYSE: TM) yesterday, seeking class-action status. The plaintiffs claim that the automaker knew about the electronics problems in its automobiles long before it was forced by several high-profile acceleration incidents to initiate a series of recalls. The...
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Savings Rate Rising - Analyst Blog
Tuesday, August 3, 2010 - 1:16pm | 1398In June, Personal Income (PI) was unchanged from May, a slowdown from the 0.3% increase posted in May and the 0.4% increase recorded in both April and March. Disposable personal income, or after-tax income, followed pretty much the same path: unchanged in June after rising 0.3%, and increases of 0....
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Barron's Pick: Ford Motor Company Up By 3.04%
Tuesday, August 3, 2010 - 1:13pm | 87Barron's Bullish pick Ford Motor Company (NYSE: F) lost 0.08% in after hours trading yesterday. It is currently trading at $13.60, up by 3.04% on a volume of 77,124,699 shares. The average volume of shares traded per day is 87.67M. The 52- week trading range is 6.61 - 14.57. The stock closed...
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Ford's U.S. Sales Rise 3.1%; China Sales Fall (F)
Tuesday, August 3, 2010 - 12:22pm | 69U.S. automaker Ford (NYSE: F) said today that its U.S. sales rose 3.1% to 170,411 in July from 165,279 in the year-ago period. Truck sales showed the largest sales increase, rising 27.5% versus a 5.6% slide for car sales. Utility vehicle sales declined 8.4%. Yesterday, the company announced that...
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Ford's Credit Rating Boosted (F)
Tuesday, August 3, 2010 - 11:32am | 83Standard & Poor's has raised Ford's (NYSE: F) credit rating from B- to B+ as a result of expectations that the company will remain profitable and signs that customers have a better impression of the automaker's vehicles. A B+ rating is still four notches below investment grade. "Ford is making...
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Ford's Credit Rating Boosted (F)
Tuesday, August 3, 2010 - 11:27am | 87Standard & Poor's has raised Ford's (NYSE: F) credit rating to B+ from B- as a result of expectations the company will remain profitable and signs that customers have a better impression of the company's vehicles. B+ is four notches below investment grade. "Ford is making progress in...