Automakers reported improved sales in April compared to a year ago, as consumers continued to open their wallets and spend money on new cars and trucks. Ford, General Motors, Toyota and, surprisingly, Chrysler all saw double digit growth.
Continue reading April Showers Automakers with Improved Sales
April Showers Automakers with Improved Sales originally appeared on DailyFinance on Mon, 03 May 2010 16:30:00.
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General Motors reported car sales in April rose 6.4% from a year ago, and jumped 19.7% within its core GM brands. At Ford, sales jumped 25% over April 2009, thanks largely to beefed up demand for its Fusion, Escape and Flex models.
Continue reading Ford, General Motors See Sales Surge in April
Ford, General Motors See Sales Surge in April originally appeared on DailyFinance on Mon, 03 May 2010 15:09:00.
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Anyone looking for proof that the American car industry is back on track need look no further than the $2.1 billion Ford Motor raked in during the first quarter. It was the best quarter the automaker has seen in six years, and based on the results, the Dearborn, Mich.-based company "now expects to deliver solid profits this year," it said Tuesday.
Continue reading Ford's $2.1 Billion Profit Proves: If You Build Them, They Will Come
Ford's $2.1 Billion Profit Proves: If You Build Them, They Will Come originally appeared on DailyFinance on Tue, 27 Apr 2010 13:05:00.
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The following is a round-up of news likely to affect stock prices today:
Ford Motor Co. (
F) said Tuesday it
earned $2.1 billion, or 50 cents a share in the first quarter, compared to a loss of $1.4 billion, or 60 cents per share, in last year's quarter. Analysts had expected earnings of 32 cents a share. With sales rising 37%, this is yet another sign the economy is improving as people spend more...
Continue reading Stocks in the News: Ford, Goldman Sachs, DuPont
Stocks in the News: Ford, Goldman Sachs, DuPont originally appeared on DailyFinance on Tue, 27 Apr 2010 07:57:00.
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Strong earnings, growing merger activity and an improved macroeconomic outlook could mean the bull market's here to stay. The forecast will become clearer this week, with the release of several key economic and earnings reports.
Continue reading Wall Street Predicts the Bull Market May Keep Charging
Wall Street Predicts the Bull Market May Keep Charging originally appeared on DailyFinance on Tue, 27 Apr 2010 06:30:00.
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As the economy continues to improve and consumers once again venture out to showrooms, Ford appears to have benefited more than most automakers from rising industry sales. Analysts expect it to earn 31 cents on revenues of $28 billion.
Continue reading Ford Earnings Preview: Set for an Upbeat Quarter
Ford Earnings Preview: Set for an Upbeat Quarter originally appeared on DailyFinance on Mon, 26 Apr 2010 16:00:00.
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Ratings agency Moody's has cut Toyota's credit rating one notch, from Aa1 to Aa2, its third-highest rating, due to concerns about future profits.
Continue reading Moody's Cuts Toyota Credit Rating as GM Rises from the Ashes
Moody's Cuts Toyota Credit Rating as GM Rises from the Ashes originally appeared on DailyFinance on Thu, 22 Apr 2010 06:55:00.
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The carmaker's Ford Fiesta subcompact is popular in Europe and has helped push sales there into the top spot, surpassing Volkswagen. The European gains come when Ford is also revving up in the U.S. Can it keep up the speed?
Continue reading March Sales: Ford Zooms Into the Lead in Europe, Passing Volkswagen
March Sales: Ford Zooms Into the Lead in Europe, Passing Volkswagen originally appeared on DailyFinance on Fri, 16 Apr 2010 12:25:00.
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The following is a round-up of news likely to affect stock prices today:
Google Inc. (
GOOG) is
expected to post earnings of $6.60 per share on 20% higher revenue of $4.95 billion after the close of trading.
UPS (
UPS) said its adjusted first-quarter earnings would be
much higher than anticipated and reported they were 71 cents a share, far exceeding analyst expectations of 57 cents a share. Revenue...
Continue reading Stocks in the News: UPS, Google, Mariner Energy
Stocks in the News: UPS, Google, Mariner Energy originally appeared on DailyFinance on Thu, 15 Apr 2010 07:55:00.
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The following is a round-up of news likely to affect stock prices today:
Citigroup (
C), Goldman Sachs (
GS), J.P. Morgan Chase (
JPM), Morgan Stanley (
MS) and Bank of America (
BAC) are just five of 18 banks that
masked the level of risk they took over the last five quarters by lowering their debt levels just before recording the figures publicly, the
Wall Street Journal reported, according to data...
Continue reading Stocks in the News: Banks, Chevron, Wal-Mart
Stocks in the News: Banks, Chevron, Wal-Mart originally appeared on DailyFinance on Fri, 09 Apr 2010 08:15:00.
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