GM December Totals Rise on Strong Pickup, Crossover Sales
General Motors posted total December U.S. sales of 290,230 vehicles, an increase of 6% compared with December 2014.
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Paul Ausick
Ford December Sales Rise 8%; Full-Year Sales Up 5%
Ford Motor Co. (NYSE: F) on Tuesday reported a U.S. sales increase of 8% year over year in December, to 239,242 Ford and Lincoln vehicles, compared with December 2014 sales of 220,671. Truck sales…
Chrysler December Sales Up 13%, Best December Sales Ever
Year over year, sales rose 13% at Fiat Chrysler in December to 217,527 units, the company's best December sales level in 90 years.
Why Spirit Airlines Named a New CEO
Spirit Airlines has announced that Robert L. Fornaro has been named the company's president and CEO, effective immediately, replacing Ben Baldanza, who had served in the role since 2006.
Enterprise, Tallgrass Raise Investor Payouts
At a time when most MLPs are holding distributions to investors flat (at best) or reducing the payouts to conserve cash, two have announced that they will raise distributions in 2016.
The 52-Week Low Club for Monday
January 4, 2016: Here are four stocks trading with heavy volume among 210 equities making new 52-week lows today. Banco Bradesco SA (NYSE: BBD) dropped about 3.1% on Monday to post a new 52-week…
The 4 Stocks Tanked the DJIA on Monday
January 4, 2016: Markets opened lower on Monday following a 7% dive in Chinese stocks overnight. A dispute between Iran and Saudi Arabia over the Saudi’s execution of a Shi’ite cleric has raised tensions…
Volkswagen Cheating Scandal Could Cost $60 Billion in the US Alone
The U.S. Department of Justice has filed a civil suit seeking damages from Volkswagen for the vehicles it sold in the United States that were equipped with a device to defeat emissions testing.
Moody’s Sees Oil and Gas Capex Down 20% to 25% in 2016
On Monday, the ratings agency Moody's Investor Service forecast that capital spending in 2016 will drop by 20% to 25%, compared with 2015 spending.
National Average Gasoline Price Starts New Year Under $2 a Gallon
Not since January 2009 has a gallon of gas cost less than $2 a gallon on the first working day of the year.
New Construction Spending Slips in November
The U.S. Census Bureau reported Monday morning that construction spending in November decreased from October.
Streaming Video Will Continue to Pressure Pay TV in 2016
Streaming video on demand systems like Netflix, Amazon Prime and Hulu now claim 56% of all pay-TV customers in the United States. That total could exceed 65% by the end of 2016.
Ongoing Warm Weather Continues to Cripple Retailers
Unusually warm fall and early winter weather had a sharp impact on retail sales in the fourth quarter of 2015, and the latest weather forecast does not appear to be offering any relief.
Airbus Said to Deliver 79 Planes in December
At least one report showed that Airbus delivered 79 new planes in December, to bring the company's total for the year to 635 deliveries.
Ford to Show Off Latest Infotainment System at CES
When this year's International Consumer Electronics Show (CES) opens on Wednesday, one of the most prominently displayed products will be cars.
Airbus Snags Another Customer for A380 Superjumbo Jet
After a two-year order drought, Airbus Group SE has reportedly signed up another customer for its A380 superjumbo passenger jet. All Nippon Airways (ANA) is said to have ordered 3 of the planes, each…
Marijuana Weekly News Roundup
The increase in the number of states where either medical or recreational use (or both) is now legal has fired up research efforts to determine, among other things, the effects of recreational cannabis use…
FAA Hits Boeing on Escape Slide
The Federal Aviation Administration (FAA) has issued a preliminary airworthiness directive to The Boeing Co. (NYSE: BA) proposing a fix to more than 300 of the company’s 767 widebody jets that would prevent the…
Amazon Promotes Deals on TVs
Either Americans can’t buy too many new TVs or retailers have too many in stock and need to clear the out. Whatever the reason, we saw a ton of offers for TVs during the…
Best Buy Promotes Outlet Pricing for New Year
Clearance pricing on certain electronic gear at Best Buy's online outlet store may be too good to pass up, especially if what the company has on offer is something you've been thinking about buying…