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Stock Market & Financial Investment News

News For GM;F;FIATY From The Last 14 Days
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July 28, 2015
08:49 EDTGMGeneral Motors outlook positive, says Argus
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07:55 EDTFFord still sees 2015 U.S. industry volume 17M-17.5M vehicles
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07:14 EDTFFord backs FY15 pre-tax profit view of $8.5B-$9.5B
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07:02 EDTFFord reports Q2 EPS 47c, consensus 37c
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06:41 EDTF, GMU.S. regulators pledge to continue auto safety crackdown, WSJ reports
Federal regulators have vowed to continue a crackdown on auto makers when discovering "significant" safety lapses, the Wall Street Journal reports. U.S. Transportation Secretary Anthony Foxx said Monday that he was "encouraged" by conversations with car companies about safety problems, the report says. Publicly traded companies in the space include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
06:12 EDTGMGM to spend $5B in global growth markets, Financial Times reports
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July 27, 2015
15:19 EDTFFord technical comments before earnings
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15:03 EDTFNotable companies reporting before tomorrow's open
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12:50 EDTGM, FEarnings Watch: Ford shares down approximately 9% since Q1 report
Ford Motor Co. (F) is expected to report second quarter earnings on Tuesday, July 28, before the market open with a conference call scheduled for 9:00 am ET. Ford is a manufacturer and distributor of cars and trucks across six continents. EXPECTATIONS: Analysts are looking for earnings per share of 37c on revenue of $35.34B, according to First Call. The consensus range for EPS is 26c-43c on revenue of $33.41B-$37.32B. LAST QUARTER: Ford reported first quarter adjusted EPS of 23c against estimates for 26c, on automotive revenue of $31.8B against estimates for $33.9B. Ford reported Q1 wholesales of 1.568M. It raised its FY15 North American pre-tax operating margin view to 8.5%-9.5% from 8%-9%, and reconfirmed its 2015 pre-tax profit guidance of $8.5B-$9.5B. Ford said it expects North America to have a very strong year in 2015, with substantial top-line growth, higher pre-tax profit, and an improved operating margin. Ford sees 2015 U.S. industry volume of 17M-17.5M vehicles, Europe 20 industry volume of 15.2M-15.7M vehicles, and China industry volume of 24M-26M, compared to the previous view for Europe 20 of 14.8M-15.3M and China of 24.5M-26.5M. On its Q1 conference call, Ford said it sees 2015 as a "breakthrough year" for the company. It sees results growing "progressively stronger" as new products continue to build momentum. It said it saw strong top-line growth in 2015, and expected to improve global market share. Results in the second half of 2015 were expected to be stronger than the first half due to product timing, and capacity launches. During the quarter, Ford reported the following: April U.S. sales up 5% to 222,498 vehicles; May U.S. sales down 1% to 250,813 units; and June U.S. sales up 1.6% to 225,647 units. STREET RESEARCH: Street research has been positive in the weeks leading up to Ford's Q2 earnings report. On June 23, Goldman upgraded Ford to Buy from Neutral. Goldman Sachs analyst Patrick Archambault shifted his preference in automakers, upgrading Ford to Buy from Neutral and downgrading General Motors (GM) to Neutral from Buy in a note to investors. The analyst cited a superior growth outlook at Ford, Ford's improving positioning in China, and rising truck incentives from GM. Archambault viewed Ford as less vulnerable to the slowing growth in the Chinese market. The analyst raised his price target on Ford to $19 from $18, and lowered his price target on GM to $40 from $47, but noted that the new target still has 11% upside. On June 10, UBS said the underperformance in Ford shares has made it an attractive time to buy the stock, as the firm believed the company should have a strong second half of the year. The firm cited the successful F-150 launch, with demand exceeding supply, as well as China sales and the company's restructuring efforts. UBS reiterated its Buy rating and $19 price target on Ford shares. PRICE ACTION: Ford's shares are down approximately 9% since its Q1 report and have lost about 18% year-over-year. In afternoon trading ahead of Tuesday's Q2 report, Ford is up fractionally.
11:52 EDTFFord July weekly volatility increases into Q2 and outlook
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11:44 EDTFFord to hold a conference call
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July 26, 2015
14:57 EDTGMGeneral Motors shares look 'very cheap,' Barron's says
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July 24, 2015
16:30 EDTGMStocks end week lower as Apple headlines busy week of earnings
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13:55 EDTGMGeneral Motors falls, levels to watch
Shares were last down at $30.90. At that price next support is at $30.30 and then at $28.82 which is the 52-week low. Resistance is at $31.75.
13:19 EDTGMDOJ unlikely to charge General Motors with bankruptcy fraud, WSJ reports
According to sources, The Wall Street Journal reports that it is "unlikely" that General Motors will be charged with bankruptcy fraud by the DOJ. However, the sources say that prosecutors in the U.S. attorney's office in Manhattan are still considering charging GM with criminal wire-fraud and would hope to bring a case and reach a settlement with the automaker as early as September. Reference Link
13:16 EDTGMU.S. Attorney's office considering wire-fraud charges against GM, DJ reports
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10:00 EDTGMOn The Fly: Analyst Upgrade Summary
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07:32 EDTF, GMCiti sees 'plenty of reasons' to buy General Motors
Citi analyst Itay Michaeli sees "plenty of reasons" to buy shares of General Motors (GM) ahead the Q2 results and reiterates a Buy rating on the name. Strong results e could serve as a turning point for investor sentiment, Michaeli tells investors in a research note. He continues to expect GM shares will trade at a premium to Ford (F) by the end of 2015. The analyst reiterates a Buy rating on the stock with a $50 price target.
07:15 EDTGMGeneral Motors record margins increase confidence in 2016, says UBS
UBS said General Motors record North American margins increases the firm's confidence in 2016. The firm views GM's Q2 results as solid, citing stability in the China market, close to breakeven results in Europe and management guidance for improved performance in the second half of 2015. UBS reiterated its Buy rating and raised its price target to $49 from $46 on General Motors shares.
06:56 EDTGMGeneral Motors upgraded to Neutral from Underperform at Credit Suisse
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