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Cars.Com Expects December Unit Sales To Be Highest Since 2006
Monday, December 29, 2014 - 10:09am | 117Read More...Cars.com projected that December light, new-vehicle sales will hit 1,510,500 units, marking an 11.3 percent improvement from the same month a year ago. This would mark the highest December unit sales count since December 2006. Cars.com is projecting a Seasonally Adjusted Annual Rate of 16.86...
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Morgan Stanley Answers Which Apparel, Footwear Companies Will Benefit From Lower Gas Prices
Friday, December 26, 2014 - 9:34am | 268Read More...A team of analysts at Morgan Stanley concluded that lower gas prices help apparel, footwear and textile companies that typically serve lower-income consumers. In a research report published this week, the analysts state that higher-income consumers spend a small percentage of total income on...
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Why Deutsche Bank Downgraded Ford
Monday, December 15, 2014 - 9:26am | 212Read More...Deutsche Bank's Rod Lache on Monday downgraded shares of Ford Motor Company (NYSE: F) to Hold from Buy with a $16 price target. Shares of Ford were trading 7 percent away from Lache's $16 price target, implying a more cautious approach towards investing in shares of Ford (and the overall U.S. auto...
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UBS On Costco: 'Filling Up The Margin,' Hikes Price Target Following Q1 Print
Thursday, December 11, 2014 - 9:57am | 223Read More...Michael Lasser of UBS reiterated a Neutral rating on Costco Wholesale Corporation (NASDAQ: COST) with a price target raised to $145 from a previous $140 following the company's first-quarter results. Lasser is “encouraged” by several trends including members per average...
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Wunderlich: Specialty, Footwear And Apparel 'Looking Up, But Not For All'
Tuesday, December 9, 2014 - 10:07am | 237Read More...In a note to clients on Tuesday, Danielle McCoy of Wunderlich Securities stated that the outlook for consumer-driven brands are beginning to improve as unemployment continues to fall, raw material prices declining and lower gas prices result in consumers having higher disposable income. “That said...
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Has The War On Gas Begun? Oklahoma Stations Battle For $2.00 Supremacy
Thursday, December 4, 2014 - 1:32pm | 696Read More...Month-old gas station OnCue in Oklahoma made national news Wednesday, as it became the war on gas frontiersman. Crossing the $2.00 per gallon level was the initial breaking of the lines in the high-priced gas garrison. Bloomberg reported Wednesday evening that another station, Broadway Food...
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Gas Prices May Continue To Fall For Labor Day Weekend And Beyond
Friday, August 29, 2014 - 12:39pm | 784Read More...For anyone planning to drive over the Labor Day weekend, the gasoline price news is good. GasBuddy.com chief oil analyst, Tom Kloza spoke with Benzinga last week and said, "Generally, I see gas prices hanging around where they are now for the next two weeks, or through the Labor Day...
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Busy Refineries Push Summer Gasoline Prices Down
Tuesday, July 22, 2014 - 11:44am | 511Read More...Gasoline prices continue to fall. GasBuddy.com reported Monday that gas prices were "lower than yesterday, a week ago, a month ago, and down" $0.11 per gallon versus a year ago. GasBuddy added that the most common U.S. price was $3.499, down a dime per gallon from a year...
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Gas Prices Expected To Remain Stable Through Start Of Summer Driving Season
Friday, May 23, 2014 - 4:52pm | 592Read More...This Memorial Day weekend marks the start of America's summer driving season – and for the moment, gas prices appear to be stable or even a bit lower than expected. This past Monday, according to AAA, the national average price for a gallon of unleaded gasoline was $3.65. That cost was about...
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U.S. Gas Prices Expected To Be Slightly Lower This Summer
Monday, April 14, 2014 - 2:53pm | 488Read More...A combination of increased supply and relatively static demand should reportedly help keep gas prices stable , as the nation enters into the prime, summer driving months. According to the Department of Energy's forecast, regular gasoline retail prices are expected to average around $3.57 a...
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Do Prices at the Pump Hold Housing In a Slump?
Thursday, February 23, 2012 - 3:19pm | 717Read More...Last year gas price per gallon spiked higher due to the Libyan crisis. This year shenanigans of the Iranian government have sent the price of gas higher. Higher prices at the pump are an automatic tax on the American consumer, but would a spike in gas prices send housing sales into a slump?...
