-
Market Wrap For March 4: Bulls Take Over As Ukraine Fears Dissipate
Tuesday, March 4, 2014 - 5:37pm | 2664Read More...U.S. stocks recovered and posted strong gains as concerns over a military conflict involving Russia and Ukraine dissipated overnight. The Dow posted a triple digit point gain, recording its best day of the year. The S&P 500 surged to new all time highs of 1,876.23 while the Nasdaq hit new...
-
Auto Makers Post Mixed February Sales
Monday, March 3, 2014 - 5:33pm | 914Read More...In January, harsh weather climates were being blamed for poor auto sales that hammered the Midwest and Northeast regions several times during the month. The auto makers remained optimistic that declining sales are a temporary phenomenon and remained optimistic that consumers will show up to...
-
Weekly Highlights: Tesla's $5 Billion Gigafactory, Ford's Tech Plans And More
Saturday, March 1, 2014 - 2:13pm | 209Read More...The year's coldest month came to an end with rumors, minor revelations and one massive announcement. Hands down, the biggest news came when Tesla (NASDAQ: TSLA) finally revealed additional details about its mysterious Gigafactory. Meanwhile, Honda (NYSE: HMC) is rumored to discontinue its hybrid...
-
Companies That Blame The Weather For Earnings Misses
Friday, February 28, 2014 - 5:59pm | 173Read More...Coca-Cola (NYSE: KO) is so much more refreshing on a sunny day, wouldn't you say? La-Z-Boy (NYSE: LZB) chairs are more comfortable when the sky is clear, are they not? And when the temperature rises, consumers can't resist shopping at Target (NYSE: TGT). That is more or less the claim of...
-
GM Financial Expanding Into Prime Loans
Thursday, February 27, 2014 - 1:14pm | 682Read More...Fort Worth, Texas-based GM Financial, owned by General Motors (NYSE: GM), will start offering car loans to U.S. customers with prime credit this coming summer, according to The Detroit News. This is significant because GM Financial is known mostly for issuing auto loans to car buyers with less-...
-
Ford More Likely To Pick Google Over BlackBerry
Tuesday, February 25, 2014 - 4:12pm | 444Read More...Contrary to the unconfirmed report, Ford (NYSE: F) might not replace Microsoft's (NASDAQ: MSFT) in-car devices with technology developed by BlackBerry (NASDAQ: BBRY). And if Ford did decide to drop Microsoft, BlackBerry wouldn't be the most likely replacement. "In my view, if they were to drop...
-
BlackBerry Partners With Ford, Could Signal A Turnaround
Monday, February 24, 2014 - 12:47pm | 419Read More...At the North American Auto Show in January 2007, Ford Motors (NYSE: F) president and CEO Alan Mulally along with Microsoft (NASDAQ: MSFT) Chairman Bill Gates announced their Sync partnership. Ford would implement Microsoft technology that allows the driver and passengers in Ford automobiles to make...
-
Alcoa Cannot Wait To Rally...Here's Why
Wednesday, February 19, 2014 - 2:39pm | 676Read More...After recovering from a substantial decline in January, the S&P 500 Index has returned to all time high territory. While the index did not exactly exude the most bullish predictions from the January effect, Alcoa (NYSE: AA) shares have. Alcoa has rallied 11 percent so far in 2013, rallying...
-
Automotive Suppliers To Benefit From New Car Demand
Wednesday, February 12, 2014 - 4:26pm | 942Read More...With automobile sales returning to pre-recession levels in the US and showing signs of a turnaround in Europe, shares of automotive suppliers may benefit. Despite disappointing January sales figures from Ford (NYSE: F) and General Motors (NYSE: GM), both companies are taking steps to ramp up...
-
Rising Vehicle Inventories In Detroit: Kelley Blue Book Analysts Weigh In
Wednesday, February 12, 2014 - 1:22pm | 610Read More...The problem: Automakers including General Motors (NYSE: GM) and Ford (NYSE: F) have too much unsold inventory. According to Jack Nerad, executive editor and market analyst at Kelley Blue Book, when inventories rise, incentives (discounts) are inevitable. In an email to Benzinga, Nerad said, “...
-
General Motors Earnings Preview: High Expectations With Headwinds
Wednesday, February 5, 2014 - 8:10am | 734Read More...General Motors (NYSE: GM), which just reported a sizable drop in sales for January due in part to inclement weather, is scheduled to report its fourth-quarter and full-year results Thursday, February 6, before the opening bell. Investors will be looking for any boost from GM's new line up of new...
-
Is Satya Nadella The Right CEO For Microsoft?
Tuesday, February 4, 2014 - 3:38pm | 624Read More...Microsoft (NASDAQ: MSFT) has officially announced that Satya Nadella has replaced Steve Ballmer as CEO. The news follows a number of reports claiming that Nadella would receive the job. Up until now, Nadella was the Executive VP of Microsoft's Cloud and Enterprise group. His CEO appointment is...
-
Microsoft Officially Announces Satya Nadella As CEO
Tuesday, February 4, 2014 - 11:26am | 725Read More...On Tuesday, Microsoft (NASDAQ: MSFT) officially announced Satya Nadella as its Chief Executive Officer ending months of speculating and guessing by investors and analysts. "During this time of transformation, there is no better person to lead Microsoft than Satya Nadella," said Bill Gates,...
-
Market Wrap For February 3: Bears In Complete and Absolute Control
Monday, February 3, 2014 - 5:45pm | 2594Read More...U.S. stocks continued its losses on an accelerated basis on Monday. Investors are in clear panic mode following a report that U.S manufacturing activity expanded at a slower pace in January. The Dow plunged more than 300 points while the S&P 500 and Nasdaq both fell more than two percent as...
-
January's Auto Sales Data A Mix Of Good And Bad
Monday, February 3, 2014 - 1:42pm | 763Read More...Major manufacturers January U.S. sales data were released on Monday. General Motors: Consensus miss General Motors (NYSE: GM) reported that its U.S. sales fell 12 percent to 171,000 vehicles in January. The consensus estimate was looking for a 2.5 percent falloff. Retail sales fell 10 percent...















