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Stock Market & Financial Investment News

News For F;ETN;SPWR;WHR From The Last 14 Days
Check below for free stories on F;ETN;SPWR;WHR the last two weeks.
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May 24, 2013
08:35 EDTWHRWhirlpool in talks to acquire 30% stake in Sanyo, Financial Times says
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06:44 EDTSPWREU denies that talks over Chinese solar dispute broke down, Reuters reports
The EU denied assertions that talks between the EU and China over alleged dumping of solar panels by China had broken down, according to Reuters. A major Chinese trade association stated on Wednesday that the first round of talks had collapsed, the news service explained. Reference Link
06:23 EDTSPWRU.S. solar instllations may only reach 3.5GW in 2013, DigiTimes reports
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May 23, 2013
08:53 EDTFPacer to benefit from improving auto industry, says BB&T
After U.S. automakers Ford (F) and Chrysler indicated that they would curtail their summer production breaks, BB&T expects Pacer (PACR) to benefit from a rebounding auto sector, as about 40% of its revenue comes from the sector, according to the firm. BB&T keeps a Buy rating on the stock.
May 22, 2013
19:49 EDTFFord to close factory, plant in Australia, News Limited reports
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16:25 EDTSPWROn The Fly: Closing Wrap
Stocks on Wall Street were sharply lower following a day where the Fed dominated the news. The averages were higher early in the session as Fed Chairman Ben Bernanke testified in front of Congress. However, the averages crossed into negative ground as Bernanke's comments on the potential for future QE tapering were digested. The selling accelerated in the late hours of the session following the release of the minutes from the Fed's last FOMC meeting. ECONOMIC EVENTS: In the U.S., Federal Reserve Chairman Ben Bernanke delivered testimony before the Joint Economic Committee of Congress, stating that premature tightening of monetary policy would carry a "substantial risk" of slowing or ending the economic recovery. Bernanke, however, also said the central bank could begin winding down its bond-buying program at one of its "next few meetings" if the economy continues to improve. The FOMC minutes, released at 2:00 pm ET, indicated that some committee members expressed a willingness to adjust assets purchases, though some disagreement existed over what economic data would be needed to begin such a program. The minutes also said some members might want to cut asset purchases by as soon as June. The National Association of Realtors said existing home sales advanced 0.6% to an annual rate of 4.97M units in April, which was the highest level since November 2009 but still below expectations for a rise to a 4.99M-unit rate. COMPANY NEWS: Target (TGT) shares lost $2.86, or 4.01%, to $68.40 after the company's first quarter report, which it called "disappointing." The company also cut its full-year earnings and same-store sales views. MAJOR MOVERS: Among notable gainers was Saks (SKS), up $1.83, or 13.39%, to $15.50 after the New York Post said the company hired Goldman Sachs (GS) to explore strategic alternatives and Bloomberg said KKR (KKR) was considering a stake in the luxury retailer. Also higher following its better-then-expected quarterly results was Zale (ZLC), which advanced $1.20, or 22.22%, to $6.60. Among noteworthy losers were a number of Solar stocks, including Trina Solar (TSL), down $1.07, or 14.9%, to $6.11, and SunPower (SPWR), down $1.81, or 8.62%, to $19.19 after China's Xinhua news agency said early talks between Europe and China to resolve their fight over solar panel trade rules had failed. Also lower was SolarWinds (SWI), down $6.57, or 13.71%, to $41.34 after the company said it will acquire N-able for $120M and its shares were downgraded at research firm Pacific Crest. INDICES: The Dow was down 80.41, or 0.52%, to 15,307.17; the Nasdaq was down 38.82, or 1.11%, to 3,463.30; and the S&P 500 was down 13.81, or 0.83%, to 1,655.35.
13:35 EDTSPWRCautious solar note, SolarCity lock-up highlighted by CNBC's Greenberg
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11:06 EDTFAuto industry rallies after Ford, Chrysler curtail summer breaks
Shares of Ford (F), Fiat (FIATY) and GM (GM) are climbing after Ford and Fiat's Chrysler subsidiary announced that they would curtail their factories' traditional two week summer hiatus. Shares of a number of auto parts makers are also advancing following the news. WHAT'S NEW: Ford said it would idle some of its plants for only one week this summer, down from the usual two weeks. Chrysler reported that it would keep three of its assembly plants open all summer, while four of its plants will close for just one week and almost all of its engine, transmission and stamping plants will not take any breaks, according to Automotive News. GM did not disclose its specific plans, the website added. TODAY'S PRICE ACTION: In mid-morning trading, Ford climbed 1.7% to $15.20, Fiat added 0.9% to $7.05, and GM rose 0.8% to $33.65. Among auto parts makers, American Axle (AXL) advanced 1.6% to $17, Johnson Controls (JCI) climbed 0.8% to $37.85, and Dana Holding (DAN) rose 1.2% to $18.80.
10:01 EDTSPWREarly talks over China-EU solar panel dispute fail, Xinhua says
First-round talks to ease the current solar panel trade fight between China and the European Union have failed, reported Xinhua, citing Chinese trade body sources. Reference Link
09:19 EDTWHRWhirlpool remains a top pick at BofA/Merrill
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07:46 EDTFFord shares could rise 50% over next two years, Barron's says
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06:26 EDTSPWRIHS: Solar industry CapEx down 36% in 2013, Digitimes says
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05:36 EDTFFord raises N American capacity by 200K units, reduces summer shutdown, adds jobs
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May 21, 2013
16:04 EDTFOptions Update; May 21, 2013
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09:33 EDTFBloomberg LINK to host a summit
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07:18 EDTETNElectrical Products Group to host a conference
2013 EPG Conference is being held on Longboat Key, Florida on May 20-22 with webcasted company presentations to begin on May 21 at 7:30 am; not all company presentations may be webcasted. Webcast Link
06:42 EDTSPWRU.S., EU to negotiate with China over solar trade dispute, NY Times says
The U.S. and EU will negotiate settlements with China over allegations that the country's solar energy sector carried out illegal trading practices, according to The New York times. Under a deal that's starting to emerge, Chinese solar companies would have to raise the prices of their solar panels, but the companies would no longer have to pay high tariffs, the newspaper explained. Reference Link
06:17 EDTFDetroit automakers rebound as style sells, Bloomberg reports
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05:55 EDTSPWRStocks with implied volatility movement; SPWR MDLZ
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May 20, 2013
08:00 EDTSPWRGerman minister calls potential EU solar tariffs 'grave mistake,' FT says
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06:26 EDTSPWREurope solar trade tariffs may slow down market growth, DigiTimes says
Europe solar trade tariffs may slow down the market growth although some Taiwan firms may benefit from them against China players, reports Digitimes Research. An anti-subsidy tariff against China-based solar firms is expected to be 30%-67.9% with the average as high as 57.6%. Reference Link
06:05 EDTSPWRStocks with implied volatility movement; SPWR YOKU
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06:01 EDTFImported car prices in China decline, Bloomberg reports
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05:35 EDTFFord Fusion Energi earns top vehicle safety rating from NHTSA
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May 17, 2013
16:00 EDTFOptions Update; May 17, 2013
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May 16, 2013
12:36 EDTFFord sued over alleged engine defects, Automotive News says
Three vehicle owners are suing Ford over alleged defects in the automaker's six-cylinder EcoBoost engine.according to Automotive News. The plaintiffs allege that the engine had defects that caused the vehicle to "shake, misfire and rapidly lose power," the website stated. Reference Link
10:03 EDTSPWR, FOn The Fly: Analyst Upgrade Summary
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09:25 EDTSPWRSunPower price target raised to $33 from $17 at Northland Securities
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09:19 EDTSPWROn The Fly: Pre-market Movers
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08:16 EDTFFord upgraded to Buy from Hold at Craig-Hallum
Craig-Hallum upgraded Ford following checks that indicate European production has bottomed, which removes an overhang. The firm believes investors will focus on strong North American results and an improved balance sheet. Price target raised to $18 from $15.
07:48 EDTSPWRSunPower price target raised to $26 from $20 at Lazard Capital
Lazard Capital raised its price target for SunPower following the company's analyst day and keeps a Buy rating on the stock.
07:32 EDTSPWRSunPower upgraded at Cowen
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07:26 EDTSPWRSunPower upgraded to Outperform from Neutral at Cowen
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05:55 EDTFPickup truck sales are booming, WSJ reports
Pickup truck buyers are no longer on the sidelines as they return to dealer showrooms, offering millions of dollars in profit and potentially lifelong brand loyalty to Ford (F), GM (GM) or Chrysler Group (FIATY) and rivals, reports the Wall Street Journal. Sales of large pickups are up 20% for the first four months of this year compared with a year ago, bigger gains than in small cars or midsize cars, according to Autodata CorpReference Link
May 15, 2013
16:24 EDTSPWROn The Fly: Closing Wrap
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10:06 EDTSPWRSunPower to host analyst meeting
Analyst meeting to be heldi n New York on May 15 at 10 am. Webcast Link
09:53 EDTSPWRSunPower spikes higher after guidance update, levels to watch
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08:25 EDTSPWRSunPower volatility elevated into better than expected guidance
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08:22 EDTSPWRSunPower up 7% to $20.40 after guidance tops expectations
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08:16 EDTSPWRSunPower sees FY13 EPS 60c-80c, consensus 64c
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08:14 EDTSPWRSunPower sees Q2 net income 5c-15c, consensus (2c)
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06:57 EDTFEU to investigate Spain grant to Ford, Reuters reports
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06:42 EDTFFord expands in Russia with new $247M engine plant, Detroit News says
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May 14, 2013
13:38 EDTFFord, GM get high marks in consumer survey, Automotive News says
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11:33 EDTFFord Sollers to build $274M engine plant in Tatarstan
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May 13, 2013
09:30 EDTSPWRSunPower gaps up in pre-market trading, levels to watch
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May 11, 2013
13:13 EDTFWestern car makers losing ground in India, WSJ says
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May 10, 2013
08:51 EDTETNNN, Inc. appoints Richard Holder as President and CEO effective June 3
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05:57 EDTSPWRStocks with implied volatility movement; BKS SPWR
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