Markets opened lower this morning on mixed reaction to the $641 billion borrowing spree from the European Central Bank. Technology stocks were weighed down by poor earnings report and uninspired guidance from…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. BorgWarner Inc. (NYSE: BWA) Started as Buy at Stern Agee. CenturyLink, Inc.…
Shares of US automakers General Motors Co. (NYSE: GM) and Ford Motor Co. (NYSE: F) were hit yesterday on the threat of a tariff on cars imported for sale into China. The…
This year is expected to be the best for domestic new car sales since 2006, the year before the recession began. The increase in buyer activity has been large enough that several…
The month of December was the leading month for new car sales in the US in 2010. It was the second leading month in 2009, and the pattern could continue this year…
Ford Motor Co. (NYSE: F) has been halted for NEWS PENDING with a last trading price of $10.73. The move was already on the heels of a 3.16% drop today and we…
Eleven American companies have laid off a total of nearly 600,000 people in the past two decades. Each also fired a large number of employees at one time to earn it a…
S&P’s threat of a downgrade of eurozone nations puts huge pressure on the region’s leaders. (Reuters) An independent panel that reviewed the financial activity of Olympus suggests legal action be taken. (Reuters)…
The Wall Street Journal reports that Ford (NYSE: F) will begin the hunt for a new CEO. Alan Mulally, the successful chief executive of the No.2 American car company is expected to step down…
The sovereign debt problem in Europe gets more complex by the hour. The European Central Bank said it may intervene to buy paper issued by nations that are economically weak. This should…
Auto sales reach a two-year high. (Reuters) Tom Glocer, the head of Thomson Reuters (NYSE: TRI), resigns and will be replaced by the COO. (Reuters) The intellectual property battle between Apple (NASDAQ:…
November car sales are expected to be strong, which would continue a string of good months for the industry, despite a rough economy Research firm Truecar reports that The November 2011 forecast…
It takes little bad news to ruin a new product’s launch, particularly if the product is revolutionary enough to be strange to the public. According to the National Highway Traffic Safety Administration,…
The recession and high gas prices have been major forces shaping Americans lives in the past several years. When it comes to the auto market they had a profound impact on our…
About three weeks ago, we looked at target prices and implied share price gains in a number of auto sector stocks. The quarterly earnings season had just begun, and hopes were pretty…
