These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, July 16, 2013. They include Baidu, Citigroup, GM, Ford and Yum! Brands.
ThinkstockJune car sales in the European Union prove two things. First, that the recession in the region continues to cripple auto registrations at an extraordinary rate. And second, that it is time…
July 2, 2013: U.S. equity markets opened a bit lower this morning following yet another ultimatum to Greece to prove that it can pay up or else no more loans. There was…
courtesy of General MotorsAutomaker General Motors Co. (NYSE: GM) said today that June automobile sales rose 6.5% this year, compared with June of 2012. The company sold a total of 264,843 vehicles…
Courtesy Ford Motor Co.June U.S. auto sales numbers are due out from most U.S. and foreign automakers today, and it looks like June is shaping up to follow on the gains the…
courtesy of Ford Motor CompanyIn a deal to close a National Highway Transportation Safety Administration (NHTSA) investigation, Ford Motor Co. (NYSE: F) has agreed to conduct a “customer satisfaction campaign” to inspect…
Courtesy Volkswagen AGCar sales are on a tear. Through the first five months of 2013, U.S. car sales are up by 8.2%, compared to the same period last year. Some of the…
courtesy of FordAutomakers will be reporting June sales next week, and now is the time for industry watchers to make their predictions of how the carmakers have performed. Kelley Blue Book (KBB)…
Wikimedia CommonsThomas Lee at J.P. Morgan Chase & Co. (NYSE: JPM) was one of the last equity strategists to abandon his call for a correction back in the spring. On April 12, he…
Courtesy Chrysler Group LLCFiat took control of Chrysler to get a major presence and sales in the U.S. market. It also hoped the deal would give it a beachhead for its primary…
courtesy of Ford Motor CompanyWhen Americans want to buy a car, nearly one in six will consider buying a Ford. While not all buyers drive off with one, consumer consideration is a…
ThinkstockIn another sign that the recession in Europe has hit consumer spending, car sales there fell in May and reached their lowest level in that month since 1993. The data likely will…
ThinkstockOver the past month, interest rates have bounced off of their 2013 lows, with the U.S. 10-year yield quickly rising from 1.66% to more than 2.20%. This has been a negative for…
Courtesy Porsche Cars North America Inc.Brand loyalty among U.S. car buyers rose to 51.5% in the first quarter of 2013, up two points compared with the first quarter of 2012. Cadillac from…
White House Photo by Pete SouzaNow that stocks have started to sell off and now that interest rates have begun to rise, many investors are looking for bargains out there in the…
