Ford Handily Tops August Pickup Sales
Ford's F-150 Series full-size pickups were again the top selling vehicle in the U.S. for the month of August.
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Paul Ausick
GM August Sales Jump 7.5%, Inventory Overhang Cut by Nearly 10%
GM vehicle sales rose by 7.5% in August, with sales of its best-selling Silverado pickup up nearly 4% and its Equinox SUV sales up nearly 85%.
Jeep Sales Down 15% in August, FCA Sales Tumble 11% Overall
Fiat Chrysler posted an 11% drop year over year in vehicle sales in August. The company's top-selling Jeep brand saw sales fall 15% year over year.
Ford August Sales Recover From Dismal July
Ford beat estimates on August vehicle sales primarily on the strength of pickup truck sales. Trucks accounted for nearly half of the company's monthly sales totals.
August Jobs Report Misses Estimates, Market Reaction Muted
The U.S. Bureau of Labor Statistics reported this morning that the U.S. economy added 156,000 jobs in August, below economists estimates, but in line with the growth rate for the year.
Add Samsung to California’s List of Self-Driving Car Programs
Samsung Electronics has become the 39th firm to receive a permit to conduct testing of self-driving cars and technology in California. It's a crowded field and it's just getting started.
Energy Industry Coming Back From Harvey
Now that tropical storm Harvey has moved on, oil refineries in Texas can begin to prepare to restart operations. This is not an instantaneous process, however, and could take a few weeks to get…
Why Lululemon Stock Is Jumping After Hours
Yoga pants maker lululemon reported better-than-expected earnings and revenues, but the forecast for third quarter and full year are in line with analysts' consensus estimates.
Thursday’s Biggest Winner and Loser Among the S&P 500
All three major stock indexes closed higher Thursday, with the S&P 500 up more than half a percentage point, or 14 points.
Exxon, Campbell Soup Thursday’s 52-Week Low Club
Exxon Mobil, Campbell Soup, Prospect Capital, and General Mills all posted new 52-week lows Thursday.
DuPont, Pfizer Carry DJIA Higher Thursday
DuPont, General Electric, Pfizer, and UnitedHealth were the leading DJIA gainers Thursday.
How Has Nest Acquisition Paid Off for Alphabet?
Alphabet's Nest subsidiary released Thursday morning a cheaper version of its flagship thermostat product. That hardly seems to justifies the $3.2 billion Alphabet paid for the company in 2014.
Back to the Future: Macy’s Expands Same-Day Delivery Service
Macy's and Best Buy both announced today expansions to the number of cities where the stores will be offering same-day deliver service.
Natural Gas Price Ticks Down on Storage Addition
The U.S. natural gas stockpile rose by 30 billion cubic feet last week, just above the consensus estimate of 29 billion cubic feet. Prices dipped slightly on the report.
How to Avoid Buying a Flood-Damaged Car
As many as 500,000 vehicles could have been flooded by tropical storm Harvey and some of those may soon be on their way to dealer lots. Here's how to tell if that car you…
US Consumer Income, Spending Rise in July
Consumer spending rose by 0.4% month over month in July and inflation has remained well below 2% for the third consecutive month.
Starbucks Sued Over Teavana Mall Store Closures
Mall operator Simon Property Group is suing Starbucks seeking to stop the coffee and tea retailer from closing stores in Simon malls.
Harvey, Labor Day Holiday Could Push US Gasoline Prices Higher
Gasoline shortages that can be attributed to tropical storm Harvey will begin to appear in other parts of the United States by Friday, pushing pump prices higher as the Labor Day holiday weekend begins.
Wednesday’s Biggest Winners and Losers Among the S&P 500
The S&P 500 index closed up about 0.5% Wednesday on a day that saw all three major indexes finish on the up side.
Otonomy, Mondelez Drop into Wednesday’s 52-Week Low Club
Otonomy, General Electric, Mondelez, and Teva all posted new 52-week lows on Wednesday.