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Stock Market & Financial Investment News

News Breaks
December 30, 2012
18:13 EDTFFord on track to top 2M U.S. vehicle sales in 2012
The Ford brand is on track to top 2M U.S. vehicle sales in 2012 for the second straight year – the only auto brand to do so in America this year.In addition, the Ford Focus is on track to become this year's best-selling global nameplate, while the Ford Fiesta is on pace to be this year's best-selling global B-Car, giving Ford the best-selling B and C-Car in the world, based on the latest Polk global industry data – through September. Global Focus new registrations totaled 737,856 through September, making it the world's number-one selling vehicle nameplate. Fiesta new vehicle registrations totaled 560,061 for the same period, making it the world's best-selling B-Car, according to Polk.
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May 22, 2013
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.
07:46 EDTFFord shares could rise 50% over next two years, Barron's 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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06:17 EDTFDetroit automakers rebound as style sells, Bloomberg reports
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May 20, 2013
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 EDTFOn The Fly: Analyst Upgrade Summary
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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.
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
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 11, 2013
13:13 EDTFWestern car makers losing ground in India, WSJ says
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May 9, 2013
09:12 EDTFAeroVironment selected by Ford to provide home charging solution for EVs
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06:09 EDTFChina passenger vehicle sales rose 13% in April, Bloomberg reports
In China, passenger vehicle sales jumped 13% in April as demand rose for new models, reports Bloomberg. Wholesale deliveries of cars, multipurpose and SUVs increased to 1.44M units, according to the state-backed China Association of Automobile Manufacturers.Reference Link
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