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Stock Market & Financial Investment News

News Breaks
February 6, 2013
06:07 EDTAPD, MAT, X, F, UPS, CTXS, MANSome U.S. companies begin to see a European bottom, Reuters reports
While the corner has yet to be turned, some U.S. companies are beginning to see a bottom in Europe following years of weakness, and that could help increase profits this year, reports Reuters. But there are still a number of companies that have warned the situation is not getting any better or even worsening, especially those with automotive exposure as well as some industrial concerns. Reference Link
News For X;MAN;UPS;MAT;CTXS;F;APD From The Last 14 Days
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May 24, 2013
11:23 EDTMANHigh option volume stocks: SNTS XHB EWH MCK MAN
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09:35 EDTXSteel price increase unlikely to stick, says Credit Suisse
After steel companies AK Steel (AKS), US Steel (X) and ArcelorMittal (MT) announced price increases, Credit Suisse thinks the full price hike is unlikely to stick. The firm believes that the sector's fundamentals suggest that steel stocks are likely to remain range bound this summer. However, the firm predicts that stronger demand trends are likely to drive steel stocks higher in the early fall.
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.
08:38 EDTCTXSCitrix Systems changes could reaccelerate growth, says Pacific Crest
Pacific Crest believes that additional product integration by Citrix and the launch of its XenDesktop 7 product significantly expands the company's cross-selling opportunity. The firm believes that estimates for the company appear conservative, and it recommends buying the stock.
May 22, 2013
19:49 EDTFFord to close factory, plant in Australia, News Limited reports
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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.
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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10:00 EDTMATOn The Fly: Analyst Initiation Summary
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09:33 EDTFBloomberg LINK to host a summit
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07:27 EDTCTXSCitrix Systems to host a user conference
Annual Synergy User Conference is being held in Los Angeles on May 21-24.
06:17 EDTFDetroit automakers rebound as style sells, Bloomberg reports
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May 20, 2013
16:15 EDTMATMattel initiated with an Overweight at Piper Jaffray
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08:04 EDTAPDBofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
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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 EDTFOn The Fly: Analyst Upgrade Summary
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