-
Japans Car Markers See Rise
Saturday, May 29, 2010 - 10:48am | 162Despite recalls, Japanese car makers saw strong growth in sales and production in April, thanks to increased demand abroad. The manufacturers saw that strong demand from United States and Canada had boosted business causing increases in production. Mazda reported production increases of 51 percent...
-
Is Ford Winding Down Mercury? (C, F)
Friday, May 28, 2010 - 12:19pm | 200Bloomberg News reported yesterday that Ford (NYSE: F) may be preparing to wind down its Mercury brand. Today, CEO Alan Mulally told analysts that he had nothing to add regarding the reports, but he did say that Ford (F)continues to look closely at its portfolio of brands and consider strategic...
-
SIRI: Auto Sales Expectations Still Suggest Gold, Guns, Canned Tuna and Glenn Beck
Friday, May 28, 2010 - 11:22am | 173Analysts at Wunderlich Securities reiterate their "hold" rating on SIRIUS XM Radio (NASDAQ: SIRI). The target price for SIRI is set to $1.25. SIRI’s sales in early May were light, but there “should be some Memorial Day boost.” According to the analysts, “Key SIRIUS partner Ford (NYSE: F) should...
-
Upside Purchased on Ford
Friday, May 28, 2010 - 10:25am | 107Shares of Ford Motor Company (NYSE: F) are higher on the session by 0.25%, currently trading $12.02. The stock has been on a recent decline, though has held the 200-day moving average, which is a bullish sign. It is now testing the 50-day from below. Options traders are favoring call buying today...
-
Media Digest 5/28/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Friday, May 28, 2010 - 3:56am | 385Reuters: Ford Motor (NYSE: F) may kill the Mercury brand. Reuters: Apple Inc. (NASDAQ: AAPL) is finding a flood of Asian buyers for the iPad. Reuters: Prudential plc is in talks with American International Group Inc (NYSE: AIG) to cut the price of AIA. Reuters: The euro dropped again as...
-
Fast Money Picks For May 28th (MT, F, PM, RSX)
Thursday, May 27, 2010 - 8:34pm | 141On CNBC's Fast Money, Joe Terranova recommended investors to buy tomorrow Market Vector Russia ETF Trust (NYSE: RSX). Market Vector Russia ETF Trust (RSX) gained 9.22% today. Guy Adami wants to buy Ford Motor Company (NYSE: F), and Karen Finerman recommended, once again, Philip Morris International...
-
Fast Money Picks For May 25th (UL, F, CVS, CSCO)
Monday, May 24, 2010 - 6:58pm | 150On CNBC's Fast Money, Tim Seymour said that he likes Unilever plc (ADR) (NYSE: UL). He sees Unilever (UL) as a defensive stock, because of its exposure to emerging markets. Unilever (UL) dropped 1.64% today. Karen Finerman thinks that CVS Caremark Corporation (NYSE: CVS) is an interesting stock to...
-
Cramer Bearish on Freeport-McMoRan (NYSE: FCX) as the Stock Heads Lower
Monday, May 24, 2010 - 4:20pm | 1773Last week in an episode of Mad Money, Jim Cramer said that while he likes Freeport-McMoRan Copper & Gold (NYSE: FCX) as a company, he would put it on his “sell” list for now. He cited concerns such as exposure to China’s slowing economy or the stock’s recent run. From December 2008 through...
-
Toyota Invests in Tesla
Monday, May 24, 2010 - 3:22am | 150Toyota Motors (TM) has agreed to invest $50 million in the electric car company, Tesla Motors. This is the second auto company to do so, as Daimler (DAI) had previously bought slightly less than 10% of the company.
-
Fast Money Picks For May 24th (RSX, DPS, DAI, BP)
Friday, May 21, 2010 - 6:59pm | 218Joe Terranova said on CNBC's Fast Money that he will buy more of Market Vector Russia ETF Trust (NYSE: RSX) if it goes higher on Monday. Market Vector Russia ETF Trust (RSX) gained 3.32% today. Steve Grasso thinks that Dr Pepper Snapple Group Inc. (NYSE: DPS) is a buy, because it generates its...
-
Toyota Invests to Reopen NUMMI - Analyst Blog
Friday, May 21, 2010 - 5:51pm | 602Toyota Motors Corp. (TM) will invest $50 million in a partnership with California-based electric vehicles maker Tesla Motors Inc. that will reopen the New United Motor Manufacturing Inc. (NUMMI) plant in Fremont, California. The NUMMI plant was closed down by Toyota on April 1. NUMMI, opened by...
-
Johnson Controls Bids For Visteon Operations (JCI, F)
Friday, May 21, 2010 - 4:16pm | 126Johnson Controls has submitted a $1.25 billion bid to buy Visteon Corp.'s interiors and electronics businesses. Johnson Controls’ (JCI) chief executive officer Stephen A. Roell said, “We believe that Visteon's interiors and electronics businesses would be an excellent strategic fit with our...
-
Race to the Bottom (BA, F, GLD)
Friday, May 21, 2010 - 12:26pm | 221With Europe pledging nearly 1 trillion dollars to stem the tide of bad debt the default phase of the crisis appears to be over, however, the currency devaluation phase is just beginning. Since January 1, 2010 the value of the Euro against the dollar has dropped by more than 12%. This may be just...
-
Tesla Chances Efforts With Toyota (TM)
Thursday, May 20, 2010 - 8:14pm | 398Reuters: Shares in Europe plunged Reuters: Oil hit the shores of Louisiana Reuters: The EU faces scrutiny over whether its austerity measure will be adequate. Reuters: The euro moved up in a short covering rally. Reuters: Google Inc (NASDAQ: GOOG) launched its new TV product.Reuters: ...
-
Thursday Morning’s Options Volume Leaders (C, BAC, GE, F, AAPL, SPY)
Thursday, May 20, 2010 - 11:23am | 126The overall market is falling sharply today as fresh fears about troubles in Europe arise. The S&P 500 (NYSE: SPY) is currently trading lower by 30.59 points to 1,084, off some 2.78% on the session. Here are you Options Volume Leaders on a Thursday Morning… 1. Citigroup (NYSE: C) 335,936...