New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 2, 2014
12:10 EDTF, GMNomura starts coverage of GM with Reduce rating
Japanese bank Nomura started research coverage of General Motors (GM) with a Reduce rating, saying that the company is vulnerable to macroeconomic challenges. WHAT'S NEW: With the media focusing on GM's ignition recall controversy, Nomura analyzed the company's fundamental outlook in a note to investors earlier today. The growth of demand for autos in the U.S. market has slowed since last September, while the industry is facing macroeconomic challenges, Nomura analyst Harald Hendrikse warned. GM is more vulnerable than Ford (F) to these macroeconomic challenges, given its plans to raise its profit margins in North America and cut its European losses, the analyst contended. GM's fiscal 2015 earnings per share is likely to be lower than expected, added Hendrikse, who has a $32 price target on the stock. WHAT'S NOTABLE: The analyst initiated Ford with a Neutral rating. Although the automaker also faces macroeconomic challenges it will probably benefit from strong growth in China and the launch of a new F-150 pickup this summer, Hendrikse wrote. Moreover, most of Ford's revenue comes from North America, meaning that its profits won't be greatly impacted by events in other parts of the world, the analyst stated. He set a $15 price target on the stock. PRICE ACTION: Near noon, GM added 25c to $34.59 and Ford shares gained 10c to $16.42.
News For GM;F From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
June 25, 2015
11:49 EDTGMGM to take $600M charge to devalue Venezuelan ops, Detroit News reports
Subscribe for More Information
10:01 EDTF, GMTrueCar Tprjects retail auto sales to consumers up 7.9% in June
Subscribe for More Information
09:18 EDTGMGeneral Motors expects FY15 ETR-Adj. to be in mid-20% range
Subscribe for More Information
07:23 EDTGMHouse Energy & Commerce Committee to hold a hearing
Subscribe for More Information
06:49 EDTFSouth Korea orders recall of 24,808 vehicles with Takata air bags, Reuters says
South Korea's transport ministry stated that it ordered Honda (HMC), Fiat Chrysler (FCAU), Ford (F), and Renault to recall 24,808 vehicles that could contain faulty airbags manufactured by Takata (TKTDY), reports Reuters. Reference Link
June 24, 2015
18:57 EDTGMFiat Chrysler CEO 'very far' from pressuring GM investors, Reuters says
Subscribe for More Information
16:00 EDTFActionable Options for Wednesday, June, 24
iPath S&P 500 VIX Short-Term Futures up 30c to 17.32 Option volume leaders: AAPL FB NFLX BAC VALE MU BABA WMB T F EBAY FCX TWTR BBRY
11:18 EDTGMGeneral Motors to host conference call
Subscribe for More Information
10:27 EDTGMGeneral Motors slips to session lows, levels to watch
Subscribe for More Information
10:00 EDTGMOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Autoliv (ALV) downgraded to Sell from Neutral at Goldman... Catamaran (CTRX) downgraded to Neutral from Buy at UBS... Citi (C) downgraded to Hold from Buy at Deutsche Bank... Esperion (ESPR) downgraded to Neutral from Outperform at Credit Suisse... Fortinet (FTNT) downgraded to Neutral from Buy at Citi... General Motors (GM) downgraded to Neutral from Buy at Goldman... Goldman Sachs (GS) downgraded to Hold from Buy at Deutsche Bank... IBERIABANK (IBKC) downgraded to Neutral from Outperform at Baird... Independent Bank (INDB) downgraded to Underperform from Neutral at Baird... Inphi (IPHI) downgraded to Market Perform from Outperform at Northland... MoneyGram (MGI) downgraded to Neutral from Outperform at Macquarie... Sensata (ST) downgraded to Hold from Buy at Cross Research... Teradyne (TER) downgraded to Buy from Conviction Buy at Goldman... Alcobra (ADHD) downgraded to Hold from Speculative Buy at WBB Securities.
10:00 EDTFOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:10 EDTFOn The Fly: Pre-market Movers
Subscribe for More Information
06:43 EDTGMGeneral Motors volatility low into downgrade to Neutral from Buy at Goldman
General Motors July call option implied volatility is at 17, August and September is at 19; compared to its 52-week range of 17 to 38, suggesting decreasing price movement into Goldman downgrade to Neutral and lowered its price target to $40 from $47 due to a weakness in China and softening US profit momentum.
06:27 EDTGMGeneral Motors downgraded to Neutral from Buy at Goldman
Goldman downgraded General Motors (GM) to Neutral and lowered its price target to $40 from $47 due to a weakness in China and softening US profit momentum. The firm's recent dealer visits in China indicate increased promotional activity and net price deterioration to support Shanghai GM JV product sales. Goldman said this, combined with margin pressure, will likely lead to a reduction in China guidance. For North America, the firm said Q1 carryover product pressure has extended into Q2 and could be pressured further with full availability of Ford's (F) F-150 heading into 2H 2015.
06:26 EDTFFord upgraded to Buy from Neutral at Goldman
Goldman upgraded Ford to Buy and increased its price target to $19 from $18. The firm expects earnings momentum to accelerate in 2H and into 2016 driven by full production of the new F-150 and further market share gains following the launch of the Super Duty. Goldman expects positive pricing and low levels of relative incentives with its refreshed products. Further, Goldman expects Ford's position in China to continue to improve given strong product launch tempo.
05:40 EDTFFord launches car-share business in six U.S. cities, London, CNBC says
Subscribe for More Information
June 23, 2015
17:44 EDTF, GMGoldman ups Ford to Buy, cuts GM to Neutral
Subscribe for More Information
17:27 EDTFFord upgraded to Buy from Neutral at Goldman
Subscribe for More Information
17:27 EDTGMGeneral Motors downgraded to Neutral from Buy at Goldman
12:05 EDTFFord seeks to migrate driver-assist technologies over product lineup over 5 yrs
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use