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U.S. Grand Jury Subpoenas Toyota Documents (TM)
Tuesday, July 20, 2010 - 12:01pm | 132A U.S. grand jury has ordered Toyota Motor Corp (NYSE: TM) to turn over documents related to problems with rods that connect vehicle steering systems to their front wheels, Reuters is reporting. The report notes that "The subpoena was at least the third Toyota has received this year, potentially...
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10 'Buy'-Rated Stocks Without Buyers
Monday, July 19, 2010 - 10:19am | 105BOSTON (TheStreet) -- Apple (NASDAQ: AAPL), Citigroup (NYSE: C) and Ford (NYSE: F) are tirelessly touted by the media and fund managers. Yet, analysts favor lesser-followed companies. Here are 10 large-cap stocks, all S&P 500 members, that receive rave reviews from analysts but get little...
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Stock Market News for July 19, 2010 - Market News
Monday, July 19, 2010 - 9:46am | 497Consumers’ growing pessimism about the economic recovery shook investors’ confidence on Friday, sending major averages off at least 2%, even as some companies reported better-than-anticipated quarterly numbers. Financials led on the downside after some big names from the sector posted weaker-than-...
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10 'Buy'-Rated Stocks Without Buyers
Monday, July 19, 2010 - 7:21am | 200BOSTON (TheStreet) -- Apple (Nasdaq: AAPL), Citigroup (NYSE: C) and Ford (NYSE: F) are tirelessly touted by the media and fund managers. Yet, analysts favor lesser-followed companies. Here are 10 large-cap stocks, all S&P 500 members, that receive rave reviews from analysts but get little...
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Downward Slope Still in Place 07-16-2010
Friday, July 16, 2010 - 7:06pm | 773Cusick’s Corner The market affirmed today that the downward slope is still in place with no bounce into the After Hours. Folks, this is a traders market. This move today was based on higher volume and involved a larger number of sectors on the downside. We again want to see if the 1050-1040...
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Bears Grab Control on Heavier Volume 07-16-2010
Friday, July 16, 2010 - 3:12pm | 758Cusick’s Corner The bears grabbed control this expiration Friday. The volume is much higher today, a potential distribution into expiration, plus Gold (GLD -1.90) is getting whacked. This might be more of a technical pullback in the shiny metal but it also has dismissed my hypothesis that we are...
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A Look Ahead at Earnings Next Week
Friday, July 16, 2010 - 2:23pm | 970With the S&P 500 grasping at 1070, and yet another "90% day" as the student body has run back to the left ("risk off" stampede), let's take a look ahead at the key reports next week; both for the greater market and what we have our eyes on. The next 3 weeks are the heart of the earnings season...
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Tesla and Toyota Sign Deal
Friday, July 16, 2010 - 7:31am | 166In May, Tesla (Nasdaq: TSLA) and Toyota (NYSE: TM) announced their intent to cooperate on the development of electric vehicles, parts, and production system and engineering support. Tesla seeks to learn and benefit from Toyota’s engineering, manufacturing, and production expertise, while Toyota...
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Tesla Motors and Toyota Motor Corporation to Develop Electric Version of RAV4
Friday, July 16, 2010 - 7:22am | 219TESLA MOTORS, INC. (Nasdaq: TSLA) (Tesla) and TOYOTA MOTOR CORPORATION (NYSE: TM) today announced that the two companies have signed an agreement to initiate the development of an electric version of the RAV4 as announced in May of this year by Elon Musk and Akio Toyoda. With an aim to market the...
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Financials Needed to Keep Momentum 07-15-2010
Thursday, July 15, 2010 - 6:45pm | 762Cusick's Corner Leak is plugged, delinquencies are down and you can still fix a 4G phone with duct tape -- all is good with the world. As I write this, Google (GOOG) reported earnings of $6.45, impressive, but short of estimates that were .07, so the stock is trading down after the close. Goldman...
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Ford Strengthens Leadership in Key Functions
Thursday, July 15, 2010 - 7:35am | 163Ford Motor Company (NYSE: F) today announced key executive appointments to further sharpen its senior leadership team's focus on the "One Ford" plan and to support the company's growth around the world. The changes affect Ford's Global Manufacturing & Labor Affairs, Ford of Europe, Global...
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Top 4 Stocks In The Recreational Vehicles Industry With The Lowest PEG Ratio (THO, HOG, PII, DW)
Wednesday, July 14, 2010 - 6:10am | 134Below are the top recreational vehicles stocks on the NYSE and the NASDAQ in terms of PEG ratio. Thor Industries Inc (NYSE: THO) has a PEG ratio of 0.93. Analysts at Argus upgraded THO from “hold” to “buy.” Harley-Davidson Inc (NYSE: HOG) has a PEG ratio of 1.09. HOG’s trailing-twelve-month...
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Late Market Update (TM, USD, SSG, AAPL, OIIM, KLAC, YHOO)
Tuesday, July 13, 2010 - 3:10pm | 272The US Department of Transportation has recently analyzed dozens of data recorders taken from accident-riddled vehicles manufactured by Toyota Motor Corp (NYSE: TM). The analysis suggests that at the time of the accidents, throttles of some cars were wide open and brakes were not engaged. This...
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Market Roundup (F, BX, CVX, STXS)
Tuesday, July 13, 2010 - 1:46pm | 242Ford (NYSE: F) has selected LG Chemical as the supplier of lithium-ion batteries for its Ford Focus Electric. Focus Electric is an all-electric version of one of its top sellers and will be available in the market in 2011. GSO Capital Partners, the credit unit of Blackstone (NYSE: BX), has raised...
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Shorts Flee Strongest Stocks
Tuesday, July 13, 2010 - 8:25am | 221Stocks with strong balance sheets that are likely to post good earnings have lost their interest for short sellers. Base on data as of June 30, short sellers abandoned the shares of Citigroup (NYSE: C), Exxon Mobil (NYSE: XOM), Ford (NYSE: F), and AT&T (NYSE: T). The short interest in AT&T...