Automobile Manufacturers

Citi provided color on the automotive industry. In a research report published today, Citi stressed improvements in the troubled giants – Ford (NYSE: F) and GM (NYSE: GM). In the report, Citi states, “Our checks suggest that recent industry pricing and market share gains have held up nicely with...

Cusick's Corner EU debit crises and austerity measures are the headline risks this market seems to be focused on, what has caught my eye is Gold, GCN11, which is just getting pounded. With the Gold futures right at the $1500 level, I will be watching whether or not the bid comes in and starts to...

Shares of Rite Aid Corp (NYSE: RAD) gained about 3.5% after the company reported narrower-than-expected first-quarter loss. Rite Aid's quarterly narrowed to $65.5 million, or $0.07 per share, from $76 million, or $0.09 per share, in the year-earlier period. Its revenue came in at $6.39 billion....

Nissan Motor Co Ltd (OTC: NSANY) projects a 15% decline in net profit for the current fiscal year. Nissan expects a net profit of Y270 billion in the fiscal year, versus Y319.22 billion in the previous fiscal year. Analysts expected a profit of Y252.20 billion for the same period. The company...

Winnebago Industries, Inc. (NYSE: WGO), a leading United States recreation vehicle manufacturer, today announced the Board of Directors elected Randy Potts to the position of Chief Executive Officer. This is in addition to his current position of President that was effective in January 2011.

Options Trading Bet that General Motors (NYSE: GM) Will Rise (InvestorPlace) On Tuesday, General Motors (NYSE: GM) rose as much as 1.4% in morning trading to reach $29.94 after hitting a new low last Thursday of $28.17. Moreover, General Motors has gained ground over the last few days but the auto...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he is “disappointed in Ford Motor (NYSE: F). I think the projections are too aggressive. Alan Mullaly came on the show and said things were great, and they weren't. That's not how we play here." For SandRidge Energy (NYSE: SD),...

On CNBC's Fast Money, Tim Seymour suggested that investors should buy Deere & Company (NYSE: DE) on Tuesday. Deere & Company (DE) gained 1.95% today, and it closed at $80.06. Guy Adami likes Walter Energy, Inc. (NYSE: WLT), and he wants to buy it tomorrow. Walter Energy, Inc. (WLT) fell 2....

By Peter Atwater Whether it is global leaders, foreign financial institution executives, rating agency professionals, or investors, they are all reading from the same 2008 playbook. Mark Twain was wrong. History really does repeat. Looking at the financial headlines over the past week, it is...

Sirius XM Radio (NASDAQ: SIRI) today announced that customers will automatically receive a 3-month subscription to SiriusXM when they purchase a pre-owned vehicle factory installed with satellite radio, regardless of manufacturer, from over 1,000 participating GM (NYSE: GM) dealerships across the...

Morgan Stanley provided color on General Motors (NYSE: GM). In a research report published today, Morgan Stanley discussed the company's options for dealing with the troubled German car maker Opel. In the report, Morgan Stanley states, "How can GM mitigate Opel's financial risks, maintain scale...

In the immediate future what comes out of Greece will be the driving force in the markets. August Crude gave up 2% today and is nearly $10 off levels from just over one week ago. Aggressive clients have light long exposure and are carrying losses and we will not be adding positions until we see an...

By Michael Comeau A look at Research in Motion's headline numbers and a lesson in the dangers of buying stocks based upon low P/E ratios. Yesterday (June 16) after the close, Research in Motion (RIMM) delivered yet another dismal earnings report, continuing one of the most clearly telegraphed...

Benzinga is hearing reports that Yahoo! Finance is having trouble this afternoon. After performing a quick check of the site, stock pages for Ford (NYSE: F), Apple (NASDAQ: AAPL), Research in Motion (NASDAQ: RIMM), THQ (NASDAQ: THQI), and General Motors (NYSE: GM) loaded very smoothly. Individual...

Cusick's Corner I am not going to try to pick a bottom here but the landscape of the market is bearish. This move to the downside has potentially raised consumer hopes that this recent pullback in crude might (and I stress MIGHT) be reflected at the pump but I am not holding my breath. The equity...