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Bank of America Warns General Motors Shareholders to 'Buckle Up for a Bumpy Ride'
Wednesday, April 23, 2014 - 2:02pm | 192Read More...On Wednesday, Bank of America lowered the price objective for General Motors (NYSE: GM) from $46 to $43 and maintained the Buy rating. Analyst John Murphy warns investors to “buckle up for a bumpy ride, as charges obfuscate 1Q results.” Wall Street first quarter earnings per share estimates come...
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Pension Settlement Deal Could Give General Motors and Ford a Boost, Analyst Says
Wednesday, March 26, 2014 - 6:56am | 120Read More...On Tuesday, Bank of America released some bullish comments on General Motors (NYSE: GM) and Ford (NYSE: F). Analyst John Murphy believes a “realistic” time frame for the companies to reach pension settlement agreements would be in summer 2015, in confluence with negotiations with the United...
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General Motors Revs Ups Its Engines At Detroit's Auto Show
Wednesday, January 15, 2014 - 3:52pm | 1012Read More...General Motors (NYSE: GM) is taking central stage at the North American International Auto Show with a plethora of news announcements. Dividend announcement: investors should share in success On Tuesday evening, General Motors announced that the company will issue a $0.30 quarterly dividend...
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UPDATE: Bank of America Downgrades Lithia Motors Following Solid 2Q13 Results
Monday, August 12, 2013 - 9:14am | 235Read More...In a report published Monday, Bank of America analyst John Murphy downgraded Lithia Motors (NYSE: LAD) from Buy to Neutral, but raised the price target from $66.00 to $70.00. In the report, Bank of America noted, “2Q13 was once again a solid quarter for the public auto dealers, and Lithia in...
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Bank of America Maintains CarMax at Buy, Reviews Solid 1Q
Friday, June 21, 2013 - 12:50pm | 202Read More...In a report published on Friday, Bank of America analyst John Murphy reiterated a Buy rating and a price target of $56 on CarMax (NYSE: KMX) and reviewed 1Q results that were better than forecast. In the report, Bank of America stated, "CarMax reported 1Q:14 EPS from continuing ops of $0.64,...
