A Booz survey of ~200 auto industry executives finds bullish views abound, as 94% of automaker execs and 92% of auto supplier execs say the sector is somewhat or much better off Y/Y. Profitable growth is seen, with 52% projecting revenue will rise 11% or more, and strong majorities expect Detroit's big three to hold or gain market share next year. [View news story]
Not if the sales man for dodge in Utah keep up there underhanded tactics,,,,,,, i will just keep fixen my old ride.........
The Nasdaq surges 2.1%, led by a monster move in Apple, +4.5%. The stock has been beaten mercilessly over the past month as the hype in Facebook boiled over. Now the investor choice (among others!) is Facebook at 75X earnings or Apple at 13X. [View news story]
Sure APPl is great ,,, any one would choose appl over FB ... But at 600 a sh... come on give me a break, who the hell has that much money,,,, not the investing public......
Thousands of demonstrators are taking advantage of the upcoming NATO summit in Chicago to stage a protest today, chanting mostly about economic issues that have little to do with the summit's topic: The war in Afghanistan and other security issues. President Barack Obama and representatives from some 60 countries are due to arrive soon for the two-day meeting over the weekend. [View news story]
Facebook (FB) hasn't begun trading in the U.S. yet, but in Germany, bids of €58.20 ($74) are being placed, according to Bloomberg. That nearly amounts to a doubling from the company's $38 IPO price, and would translate into a market cap north of $200B. [View news story]
General Motors (GM -0.5%) sets the wheels in motion to sell its first vehicle under the historic SS nameplate. The high-performance 2014 Chevrolet SS will sport a V8 engine and arrive in showrooms in late 2013. [View news story]
SS thats what obama wants , they were feared in WW II Lets bring them to America , we'll need them to collect the tax's from the American people.......
As expected, Facebook (FB) prices at $38 (top of its range) and will trade Friday, with the highest valuation of any company on record at IPO time. Trading in the stock will begin at 11 a.m. Eastern Time. [View news story]
I agree , the stock will be up 50% in no time Best buy some
A Brazilian judge tosses a lawsuit launched by the country's largest oil workers union which sought to ban Chevron (CVX) and Transocean (RIG) from operating because of an oil spill last year. But there's still the 20B real ($10.9B) federal lawsuit and the 17 CVX and RIG employees caught up in criminal charges over the spill. [View news story]
DID YOU ALL SEE THE JUDGES NEW ..RANGE ROVER... NICE
Chrysler (FIATY.PK) Apr. U.S. sales: +20% Y/Y to 141,165 vehicles, the best April since 2008. Chrysler brand sales +56%. Jeep +19%, Dodge +2%, Ram Trucks +19%. (PR) [View news story]
Can someone help me understand this ???? Is this percentage of vehicles sold, vehicles that the factory has sold to the dealer or what the dealer has sold to the retail buyer... The dealership here has many vehicles but they sure are not moving much at all......
More on Buffalo Wild Wings (BWLD): Q1 beats on a per share basis as the company posts a solid gain in same-store sales, despite higher wing costs. The company says it plans to raise wing prices for its upcoming wing promotion to offset the increased expense. The restaurant's bone-in wing prices are $1.92 per pound in the current quarter, up from $1.02 year ago. [View news story]
I don't go there any more.. to Damn costly....now.......
The DOJ has begun a criminal probe of Wal-Mart (WMT) for allegations of systemic bribery in Mexico, according to sources. The U.S. Foreign Corrupt Practices Act bans companies from bribing foreign officials to win business, and enforcement of such has been stepped up in recent years. [View news story]
that's correct, want anything from Mexico, you have to pay the Drug boys big bucks.....The DOJ needs to take all there over payed boys and hit Mexico with some lead. Then wmt and who ever else can do an honest business there. Damn desk jockeys ....
Stocks quickly bounce back from a sizable hit following a trio of worse-than-expected economic reports (I, II, III). The DJIA +0.2% after being down 70 and the Nasdaq +0.8%. [View news story]
Long as Obama wants to be re-elected this market will go up and up.........He has told his people to do what ever it takes... Might as well buy calls and watch it go up and up.... I've tried buying puts but have lost thousands..... Long calls is the answer......
Best Buy (BBY) details the 50 stores (out of about 1,100 total) it is closing in the U.S. Most of the stores will close by May 12. "This was not an easy decision to make," reads the PR. "We chose these stores carefully and are working to ensure the impact to our employees will be as minimal as possible." [View news story]
could they have made it with lower prices and got rid of dumb ass employee's that know nothing......
A Booz survey of ~200 auto industry executives finds bullish views abound, as 94% of automaker execs and 92% of auto supplier execs say the sector is somewhat or much better off Y/Y. Profitable growth is seen, with 52% projecting revenue will rise 11% or more, and strong majorities expect Detroit's big three to hold or gain market share next year. [View news story]
The Nasdaq surges 2.1%, led by a monster move in Apple, +4.5%. The stock has been beaten mercilessly over the past month as the hype in Facebook boiled over. Now the investor choice (among others!) is Facebook at 75X earnings or Apple at 13X. [View news story]
Thousands of demonstrators are taking advantage of the upcoming NATO summit in Chicago to stage a protest today, chanting mostly about economic issues that have little to do with the summit's topic: The war in Afghanistan and other security issues. President Barack Obama and representatives from some 60 countries are due to arrive soon for the two-day meeting over the weekend. [View news story]
Facebook (FB) hasn't begun trading in the U.S. yet, but in Germany, bids of €58.20 ($74) are being placed, according to Bloomberg. That nearly amounts to a doubling from the company's $38 IPO price, and would translate into a market cap north of $200B. [View news story]
Sirius XM Radio CEO Mel Karmazin reports selling 13.7M shares of stock starting on May 15th. Shares -0.8% AH. [View news story]
General Motors (GM -0.5%) sets the wheels in motion to sell its first vehicle under the historic SS nameplate. The high-performance 2014 Chevrolet SS will sport a V8 engine and arrive in showrooms in late 2013. [View news story]
As expected, Facebook (FB) prices at $38 (top of its range) and will trade Friday, with the highest valuation of any company on record at IPO time. Trading in the stock will begin at 11 a.m. Eastern Time. [View news story]
A Brazilian judge tosses a lawsuit launched by the country's largest oil workers union which sought to ban Chevron (CVX) and Transocean (RIG) from operating because of an oil spill last year. But there's still the 20B real ($10.9B) federal lawsuit and the 17 CVX and RIG employees caught up in criminal charges over the spill. [View news story]
Initial Jobless Claims: 365K vs. 378K consensus (prior week revised to 392K from 388K). Continuing claims -53K to 3.27M. [View news story]
Papa John's Shares Now Pricey After Move [View article]
Chrysler (FIATY.PK) Apr. U.S. sales: +20% Y/Y to 141,165 vehicles, the best April since 2008. Chrysler brand sales +56%. Jeep +19%, Dodge +2%, Ram Trucks +19%. (PR) [View news story]
Is this percentage of vehicles sold, vehicles that the factory has sold to the dealer or what the dealer has sold to the retail buyer...
The dealership here has many vehicles but they sure are not moving much at all......
More on Buffalo Wild Wings (BWLD): Q1 beats on a per share basis as the company posts a solid gain in same-store sales, despite higher wing costs. The company says it plans to raise wing prices for its upcoming wing promotion to offset the increased expense. The restaurant's bone-in wing prices are $1.92 per pound in the current quarter, up from $1.02 year ago. [View news story]
The DOJ has begun a criminal probe of Wal-Mart (WMT) for allegations of systemic bribery in Mexico, according to sources. The U.S. Foreign Corrupt Practices Act bans companies from bribing foreign officials to win business, and enforcement of such has been stepped up in recent years. [View news story]
Stocks quickly bounce back from a sizable hit following a trio of worse-than-expected economic reports (I, II, III). The DJIA +0.2% after being down 70 and the Nasdaq +0.8%. [View news story]
Best Buy (BBY) details the 50 stores (out of about 1,100 total) it is closing in the U.S. Most of the stores will close by May 12. "This was not an easy decision to make," reads the PR. "We chose these stores carefully and are working to ensure the impact to our employees will be as minimal as possible." [View news story]