All Posts Tagged With: "F"
(F) U.S. GDP Less Than Expected – Europe Better
While we do have some favorable-looking headlines out of Europe this morning, indicating that Greece is making progress in its talks with the private creditors, the focus today will be on the U.S. economy. The headlines on that count are on the weak side. In its first read on...
30Jan2012 | vitalstocks | 0 comments | Continued(AN) AutoNation Beats Expectations – Earnings Rise 13%
AutoNation Inc. (AN) saw a profit of $71 million or 51 cents per share in the fourth quarter of 2011 compared with $68 million or 45 cents per share in the comparable quarter of 2010 (excluding debt refinancing costs of $1 million or 1 cent per share, after-tax), reflecting an...
30Jan2012 | vitalstocks | 0 comments | Continued(F) Ford Motor Misses Earnings – Revenues Up 6.5%
Ford Motor Co. (F) posted a 34% fall in profit to $797 million or 20 cents per share (before special items) in the fourth quarter of 2011 from $1.20 billion or 30 cents per share (before special items) in the same quarter of 2010. With this, the automaker has missed the Zacks...
27Jan2012 | vitalstocks | 0 comments | Continued(F) Ford Motor Cuts Lincoln Dealerships
Ford Motor Co. (F) announced that it has reduced dealerships of its Lincoln luxury lineup to 325 from about 500 in the top 130 markets, where demand for luxury products is very strong. With the reduction in dealer count, dealers will compete less with each other and more with...
22Jan2012 | vitalstocks | 0 comments | Continued(F) Ford Recalls Minivans and SUVs
Ford Motor Co. (F) announced that it would recall 539,000 vehicles including Ford Escape SUVs, and Ford Freestar and Mercury Monterey minivans because of safety issues. Most of the recalled vehicles were sold in the U.S. The automaker would recall 286,000 units of Ford Escape...
14Jan2012 | vitalstocks | 0 comments | Continued(AN) AutoNation Driven By Luxury Brand Sales
AutoNation Inc. (AN) revealed an 11% rise in new vehicle sales to 24,342 units in December last year, mainly driven by strong sales growth in its Premium Luxury brands. Sales of the Domestic brands, which comprise stores that sell vehicles manufactured by General Motors (GM),...
14Jan2012 | vitalstocks | 0 comments | Continued(F) U.S. Auto Industry Sees Best Year Since 2008
Light vehicle sales in December 2011 rose 9% to seasonally adjusted annual rate (SAAR) of 13.6 million units, driven by low interest rates (below 3%), easier credit standards, decreasing unemployment rate and pent-up demand when the average age of cars on U.S. roads is almost...
14Jan2012 | vitalstocks | 0 comments | Continued(AN) Stock Market News for January 5, 2012 – Market News
Major indices of the American stock markets closed flat on Wednesday after experiencing a strong rally on the first trading day of the Year. Euro zone worries were not strong enough for markets to move southwards. Retail stocks surged after Christmas sales figures increased 5.3%...
5Jan2012 | vitalstocks | 0 comments | Continued(F) Auto Sales to Reach Three-Year High
According to an industry research report by TrueCar.com, light vehicle sales in the U.S. (including cars, trucks and sports utility vehicles/SUVs) during 2011 is likely to reach its three-year high at nearly 12.8 million vehicles, compared with 13.2 million vehicles in 2008,...
3Jan2012 | vitalstocks | 0 comments | Continued(BWA) BorgWarner to Sell Tire Pressure Business
BorgWarner Inc. (BWA) plans to sell its tire pressure monitoring business to Germany-based Huf Electronics GmbH as it diverts its attention to powertrain technologies. The sale includes a manufacturing facility in Bretten, Germany that employs 230 people. BorgWarner acquired...
14Dec2011 | vitalstocks | 0 comments | Continued(TM) Toyota Motor Trims Earnings Outlook
Toyota Motor Corp. (TM) has sharply cut its earnings outlook for the fiscal year ending March 31, 2012 due to a strong yen and severe flooding in Thailand that disrupted its parts supply chain. The automaker expects to record a profit of ¥180 billion ($2.3 billion) for the year,...
14Dec2011 | vitalstocks | 0 comments | Continued(AAPL) Company News for December 12, 2011 – Corporate Summary
• General Electric Company’s (NYSE:GE) shares were up 3.3% after it hiked its quarterly dividend for the fourth time in two years to $0.17 per share from $0.15 per share • Ford Motor Co. (NYSE:F) gained 2.6% as it kept its quarterly dividend intact at $0.05...
12Dec2011 | vitalstocks | 0 comments | Continued(F) U.S. Auto Industry – Pent-Up Demand or Recovery?
Despite uncertainties in the market, consumers did not step back from the automobile showrooms in November as they felt the ardent need to change their old cars in the garage. Why wouldn’t they be, when the average age of vehicles on U.S. roads is almost 11 years and used cars...
6Dec2011 | vitalstocks | 0 comments | Continued(GM) Auto Industry Stock Outlook and Review – December 2011 – Industry Outlook
The auto industry is highly concentrated. About 10 global automakers account for over 77% of the production worldwide and 13 automakers account for more than 90% of total vehicles sold in the U.S. In the first 10 months of 2011, General Motors Company (GM) led with a 19.8% market...
2Dec2011 | vitalstocks | 0 comments | Continued(TM) Toyota Motor Takes Orders for Prius Plug-In Hybrid Vehicle
Toyota Motor Corp. (TM) has started taking orders for its much awaited plug-in version of Prius hybrid car that comes with an excellent mileage and affordable price. The automaker will start delivering the plug in hybrid vehicle (PHV) from January next year in Japan. A PHV shares...
1Dec2011 | vitalstocks | 0 comments | Continued(CMI) Cummins Analyst Downgrades Shares to Neutral
We have downgraded our recommendation on Cummins Inc. (CMI) to Neutral from Outperform. Headquartered in Columbus, Indiana, Cummins is a leading worldwide designer, manufacturer and distributor of diesel and natural gas engines, electric power generation systems, and engine-related...
30Nov2011 | vitalstocks | 0 comments | Continued(GM) Steel Industry Stock Outlook – November 2011 – Industry Outlook
Overview The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products...
29Nov2011 | vitalstocks | 0 comments | Continued(AXL) American Axle & Manufacturing Holdings Analyst Maintains Neutral
We are maintaining our Neutral recommendation on American Axle & Manufacturing Holdings, Inc. (AXL). American Axle is a leading supplier of driveline systems, modules and components for the light vehicle market. The company manufactures axles, driveshafts and chassis components...
28Nov2011 | vitalstocks | 0 comments | Continued(SUP) Superior Industries International Analyst Maintains Neutral on Shares
We maintain our Neutral recommendation on Superior Industries International Inc. (SUP). Headquartered in Van Nuys, California, Superior Industries is one of the world’s largest designers and manufacturers of cast aluminum road wheels for the automotive industry. Superior Industries’...
28Nov2011 | vitalstocks | 0 comments | Continued(F) Ford Motor Plans Layoffs in Europe
Ford Motor Co. (F) plans to layoff 4,000 workers at its Valencia, Spain assembly plant for 39 days between January and October in 2012 in response to weakening demand for cars in Europe on the back of the ongoing Eurozone financial crisis. The plant employs a total of 6,200 workers. The...
28Nov2011 | vitalstocks | 0 comments | Continued(GM) Metals and Mining Stock Outlook – November 2011 – Industry Outlook
Overview The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting...
11Nov2011 | vitalstocks | 0 comments | Continued(TM) U.S. Sees Best October Auto Sales
Light vehicle sales in the U.S. rose 7.5% to 1.02 million units during October, the best since October 2007, driven by strong sales of sports utility vehicles (SUVs) and trucks. At seasonally adjusted annualized rate, sales increased 8% to 13.3 million units from 12.3 million...
6Nov2011 | vitalstocks | 0 comments | Continued(AEP) Company News for October 27, 2011 – Corporate Summary
• American Electric Power Co., Inc.’s (NYSE:AEP) third quarter 2011 adjusted EPS of $1.17 came in ahead of the Zacks Consensus Estimate of $1.14 • General Dynamics Corp. (NYSE:GD) posted third-quarter 2011 operating earnings of $1.83 per share, beating the Zacks...
28Oct2011 | vitalstocks | 0 comments | Continued(AMZN) All Eyes Are on Europe and U.S. Market Earnings
All eyes are on Europe today, where leaders are expected to announce the much-delayed plan to tackle the common currency’s problems. And while we wait for news out of Europe, the positive tone of this morning’s earnings reports from a number of key companies and...
26Oct2011 | vitalstocks | 0 comments | Continued(F) Ford Motor May Reinstate Dividend
Ford Motor Co. (F) is considering reinstating dividend payments for its shareholders as the company expects to benefit from labor efficiency improvements resulting from the newly ratified 4-year contract with United Auto Workers (UAW). The automaker revealed that the UAW contract...
26Oct2011 | vitalstocks | 0 comments | Continued(F) Ford Motor Workers Ratify UAW Contract
Workers at Ford Motor Co. (F) have ratified the proposed 4-year agreement with United Auto Workers (UAW). The deal covers 41,000 Ford workers in the U.S. Under the ratified deal, most of the Ford workers would not be entitled to annual pay raises. However, they will receive profit-sharing...
20Oct2011 | vitalstocks | 0 comments | Continued(AN) AutoNation Analyst Maintains Neutral on Shares
We have retained a Neutral recommendation on AutoNation, Inc. (AN). We appreciate the company’s optimal brand and market mix, which is pushing up new vehicle sales as the market revives. However, we are concerned about tough competition and rising interest rates faced by the...
12Oct2011 | vitalstocks | 0 comments | Continued(F) Ford Motor and General Motors See 5% Growth in China
Both Ford Motor Co. (F) and General Motors Co. (GM) have predicted that automobile sales in China will grow about 5% in 2011. GM revealed that total vehicle sales would reach 19 million–19.2 million units for the full year. Automobile sales in China were adversely affected...
7Oct2011 | vitalstocks | 0 comments | Continued(JCI) Johnson Controls to Build New Plant in China
Johnson Controls Inc. (JCI) plans to build an automotive battery plant in China by investing $100 million. It will produce start-stop batteries and cater to global and local automakers in Asia. It is expected to begin production in early 2013. The Start-Stop system is an emerging...
6Oct2011 | vitalstocks | 0 comments | Continued(GM) Standard & Poor’s Lifts General Motors Ratings
Ratings agency Standard & Poor’s (S&P) raised its corporate credit rating on General Motors Co. (GM) by two notches to BB+ from BB- as its workers recently ratified a 4-year contract with the United Auto Workers (UAW). The agency also lifted its rating outlook on the...
6Oct2011 | vitalstocks | 0 comments | Continued