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What's An IPO Mean For Ferrari?
Wednesday, November 5, 2014 - 5:23pm | 1188Read More...Last week, Fiat Chrysler Automobiles NV (NYSE: FCAU) announced that it would be conducting an initial public offering of its luxury sports car brand, Ferrari. The announcement comes just a month after General Motors Company (NYSE: GM) decided to break off its own luxury brand, Cadillac, and...
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#PreMarket Primer: Monday, July 7: Earnings Season Gets Underway
Monday, July 7, 2014 - 7:18am | 930Read More...With Alcoa (NYSE: AA) set to kick off the US’ second quarter earnings season on Tuesday, there is much speculation about whether or not the stock market’s record highs will be justified by companies’ profit growth. Reuters reported that analysts are expecting to see second...
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June Auto Sales Beat Street Views
Wednesday, July 2, 2014 - 6:49am | 338Read More...Wall Street got an upside surprise from the U.S. vehicle sales figures for June, which showed some of the strongest monthly data since 2007. Chrysler Group LLC and General Motors Corp. (NYSE: GM) saw sales rise 9.2 percent and one percent respectively, while Ford Motor Co. (NYSE: F) sales were...
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General Motors Continues Its Battle To Win The Chinese Market
Wednesday, March 5, 2014 - 2:45pm | 529Read More...China is vital for General Motors (NYSE: GM). Afterall, the Detroit-based automaker sells more vehicles in China than any other country, including the United States. When General Motors announced that February deliveries rose 20 percent, investors should find further conviction that the company...
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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...
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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...
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November Auto Sales Highest Since Recession
Wednesday, December 4, 2013 - 12:31pm | 556Read More...November vehicle sales in the U.S. were the best in more than six years, according to The Wall Street Journal. An improving economic picture is clearly partly responsible. General Motors (NYSE: GM) Vice President Kurt McNeil told The Wall Street Journal, "We feel good about the direction of the...
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U.S. Auto Sales: Who Gained, Who Lost?
Tuesday, December 3, 2013 - 5:34pm | 765Read More...Many auto companies have released their U.S. sales figures for November. Investors closely follow these monthly data releases as an indication of the strength of the macro-economic environment, the entire auto sector and individual companies. Barclays boosted its fourth quarter GDP tracking...
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RapidMiner Gains $5 Million To Better Serve PayPal, Pepsi And Other Major Clients
Monday, November 4, 2013 - 5:22pm | 474Read More...Advanced analytics provider RapidMiner has received $5 million in a Series A round led by Earlybird Venture Capital and Open Ocean Capital. Formerly known as Rapid-I, the company made the decision to officially change its title to RapidMiner after releasing a successful product with the same name...
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L. Brooks Patterson: Oakland County Is A 'Job Creating Juggernaut'
Monday, July 29, 2013 - 2:44pm | 995Read More...Oakland County is located just to the northwest of Wayne County, home of Detroit in Southeastern Michigan. As the city of Detroit goes through the largest city bankruptcy in U.S. history, Oakland County is flourishing, attracting more residents and adapting to the modern economy. Bloomberg...
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Barron's Recap (12/22/12): Betting on Europe in 2013
Saturday, December 22, 2012 - 2:24pm | 879Read More...This weekend in Barron's online: the outlook for European stocks in 2013, the prospects for PNC Financial Services and Central Garden & Pet, uncovering the hidden potential for higher corporate earnings, and a fresh look at Washington, D.C. Cover Story "Europe on Sale" by Jonathan Buck....
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Toyota Aims to be Top of the Global Sales Chart
Thursday, July 26, 2012 - 11:22am | 424Read More...Toyota (NYSE: TM), the Japan-based automobile manufacturer, is driving towards regaining the number one sales ranking in the global auto industry. While American car companies like Ford (NYSE: F) have been struggling in the second quarter due to a massive declines in sales in Europe and South...
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2012 Detroit Auto Show Recap and Highlights: A Personal Perspective
Monday, January 23, 2012 - 5:03pm | 557Read More...Unfortunately, due to time constraints and prior obligations, I was unable to attend the 2012 Detroit Auto Show during press week, so I went with the general public last Saturday. Apart from being incredibly crowded (and having some people cut in line while I was waiting to cushion myself in a...
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GM Could Be One of the Best Shorts Ever
Tuesday, November 16, 2010 - 11:23am | 370Read More...The hype over General Motors's (GM) initial public offering just reached a boil with the automaker deciding to raise its estimate of the offering price to $32 to $33 from $26 to $29. The question is whether these prices make GM stock look more like a short than a long position. The risk is that...
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Porsche/VW Merger Delayed On Lawsuits
Tuesday, October 19, 2010 - 7:06am | 197Read More...According to Bloomberg, Volkswagen AG (ETR: VOW) may be delaying the merger with Porsche (ETR: PAH3) due to risks from U.S. lawsuits and German tax issues. VW CEO Martin Winterkorn was quoted “It can't be ruled out that the legal proceedings may drag on for some time to come until a final decision...













