ETF Launch for Global Auto Manufacturing (CARZ, GM, F, TM, HMC)
First Trust has launched yet another global ETF, this one being based upon the NASDAQ OMX Global Auto Index. It doesn’t take a rocket scientist to get what it invests in. This is…
First Trust has launched yet another global ETF, this one being based upon the NASDAQ OMX Global Auto Index. It doesn’t take a rocket scientist to get what it invests in. This is…
China eased restrictions on US companies to give them access to supply the People’s Republic services and to sell mutual funds. (Reuters) Toyota’s (NYSE: TM) operating profit dropped 52% in the last…
The drop in commodities may help rally the dollar (Reuters) The moderating growth of jobs claims is seen as a threat to the recovery (Reuters) A sharp drop in commodities prices hurt…
If the great magician Harry Houdini were alive today, the one thing he could never escape from would be inflation. It affects the rich and the poor — though of course to…
VW has stated that it cannot overtake GM (NYSE: GM) and Toyota (NYSE: TM) as the world’s No.1 car company without a large expansion of its US sales. The German company should…
Alternative energy news today ponders electric vehicles and the batteries that power them, takes a look at solar installation in India and the risks still involved with solar plants generally, and closes…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Arch Coal Inc. (NYSE: ACI) Raised to Buy at Brean Murray;…
The Nasdaq (NASDAQ: NDAQ) and ICE bid for NYSE Euronext (NYSE: NYX) became hostile. (Reuters) A new hack put 25 million more PS accounts at risk, Sony (NYSE: SNE) said. (Reuters) India…
Harris Interactive came out with its new “Reputation Quotient” list. The research firm has conducted the study for 12 consecutive years. The poll is based on views about the “60 most visible…
Chrysler made money in the first quarter, a victory for the downsizing of the US car companies and modest vindication of the taxpayer bailouts of the auto industry. The Treasury will still…
Jon OggThis last week marked another solid week for investors and many stocks were on the move. We have compiled a list of stocks we are looking for event-driven trading moves in…
A review of data from the damaged Southwest Air (NYSE: LUV) 737 raised questions about Boeing’s (NYSE: BA) manufacturing process. (Reuters) Sony (NYSE: SNE) has begun to market a tablet PC. (Reuters)…
Updated throughout the day. Supply problems will hurt sales of Apple (NASDAQ: AAPL) iPads (Reuters) Production problems at Boeing (NYSE: BA) caused trouble in its 737 planes (ABC) GM (NYSE: GM) will…
GM (NYSE: GM) may be the No.1 car company in the world this year, after it lost that position to Toyota (NYSE: TM) three years ago. The change of fates has more…
The NYSE (NYSE: NYX) said an M&A deal with Deutsche Boerse would offer greater savings than a NASDAQ (NYSE: NDAQ) deal. (Reuters) Silver rose 5% on the dollar’s weakness. (Reuters) The housing…