-
Metaldyne Performance IPO: A Shining Light For Automotives
Monday, December 15, 2014 - 3:19pm | 586Read More...Metaldyne Performance Group Inc (NYSE: MPG), producer of automobile powertrain and safety components, opened for trading last Friday. Metaldyne was formed in August 2014 by private equity firm, American Securities. Metaldyne uses proprietary metal forming technology to manufacture components...
-
Oil Tumbles Following OPEC's Thursday Decision, Equities Little Changed During Friday's Shortened Session
Friday, November 28, 2014 - 3:09pm | 699Read More...While equities market were closed on Thursday in observance of Thanksgiving, OPEC nations gathered and jointly decided to maintain current output levels despite the slide in oil prices. Virtually every oil-related company, as well as many large solar companies, saw declines in share price on...
-
Dow, S&P 500 Close At Record Highs To Kick Off Thanksgiving Week
Monday, November 24, 2014 - 5:49pm | 796Read More...U.S. stocks were mostly higher on Monday to kick off the shortened trading week that will pause on Thursday and close at 1 p.m. ET on Friday for Thanksgiving. Speaking to CNBC, bond guru Jeffrey Gundlach said that the Federal Reserve may raise its rates in 2015, but not for fundamental reasons...
-
Why Tesla's Undisclosed SEC Probe Is 'Just A Rumor'
Monday, November 24, 2014 - 12:50pm | 484Read More...Tesla Motors Inc (NASDAQ: TSLA) is rumored to have an undisclosed SEC probe. Investors initially responded to the news by selling a few shares at market open, but shares quickly rebounded and rose less than 1 percent. Thus far, analysts aren't worried about the report, which some...
-
Morgan Stanley Predicts Death Of Auto Industry; Analysts Respond
Friday, October 24, 2014 - 1:57pm | 1129Read More...Earlier this month, Morgan Stanley (NYSE: MS) released an analysts' note titled "Death of an Auto Analyst" that outlines what it calls an enormous shift in covering the auto industry. The analysts state that they can no longer simply review "monthly sales, pension accounting...
-
These 5 Cars Have The Highest Fuel Economy
Wednesday, October 22, 2014 - 2:15pm | 613Read More...Earlier this year, researchers at the University of Michigan found that the average fuel economy of new, light vehicles (a designation that includes cars, SUVs, vans and pickup trucks) had reached 25.4 miles per gallon, as compared to 20.8 mpg in 2007. Electric vehicles like the Tesla Motors...
-
5 Big Things To Watch At The Paris Motor Show
Friday, October 3, 2014 - 10:11am | 989Read More...The Paris Motor Show, or Mondial de l'Automobile, as the French know it, is one of the auto industry’s most important events. Car companies showcase their latest production models and feature concepts for models down the road. Held every other year, the show will run from October 4 to...
-
How Long Can Tesla's Rally Continue?
Friday, June 20, 2014 - 4:50pm | 734Read More...With many momentum stocks coming back into favor this week, it will be interesting to see if the moves can continue to see upside. One issue that may have found resistance and may be preparing to reverse course is Tesla (NASDAQ: TSLA). Since beginning the week at $206.42, it sprinted to $235.54...
-
Why Tesla Is Up Over 8%
Monday, June 16, 2014 - 3:51pm | 264Read More...Shares of Tesla (NASDAQ: TSLA) are shooting up over eight percent after Elon Musk announced the company would be opening its patents to the public. According to the Financial Times, sources at Tesla, BMW and Nissan (OTC: NSANY) said the three companies are in talks to work together on charging...
-
Market Wrap For June 13: Despite Rising, Dow And S&P 500 Lower For The Week
Friday, June 13, 2014 - 4:39pm | 1827Read More...U.S. stocks closed the day slightly higher to close out the week as investor concerns over escalating violence in Iraq remains. As was the case during the height of the Russia and Ukraine confrontation, investors are hesitant of holding on to investments over the weekend. U.S. Secretary of...
-
Intel Wants In On Self-Driving Cars
Friday, May 30, 2014 - 2:41pm | 589Read More...Google (NASDAQ: GOOG)(NASDAQ: GOOGL) has plans to build 200 self-driving cars. Intel (NASDAQ: INTC) wants in on the action. The world’s largest chipmaker said Thursday that it would provide an “application ready platform” with processors and OS for autonomous vehicles. It’s all part of Intel’s...
-
Detroit's Big Three Auto Makers Report March Sales
Tuesday, April 1, 2014 - 5:00pm | 900Read More...On the first day of each month, major auto manufacturers report their previous month's total sales. The data is closely monitored by both investors and auto enthusiasts to keep up with the most up to date information on how the manufacturers are performing in a tough economic environment that...
-
Barron's Recap: World's Best CEOs
Sunday, March 23, 2014 - 10:58am | 786Read More...This weekend in Barron's online: the 10th annual list of the world's 30 best CEOs, as well as the prospects for Apple, Principal Financial Group, Visteon, McDermott International and more. Cover Story "World's Best CEOs" by Andrew Bary. This week's cover story in Barron's says that the greatest...
-
Analysts at Baird Upgrade Tesla
Tuesday, January 14, 2014 - 6:14pm | 356Read More...Ben Kallo, analyst at R.W. Baird upgraded shares of Tesla Motors (NASDAQ: TSLA) to Outperform following the company's remarks at the Detroit Auto Show. Kallo believes that there are several upcoming catalysts that justifies buying shares at the current levels, including the company's “platform...
-
Google Might Team with Audi to Supersede Apple's In-Car Initiative
Monday, December 30, 2013 - 5:46pm | 621Read More...Apple (NASDAQ: AAPL) is one of the largest companies developing in-car technology, but Google (NASDAQ: GOOG) might be hatching a plan to overtake its competitor. According to The Wall Street Journal, Google and Audi (OTC: AUDVF) will announce a new partnership next week at the Consumer...













