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Stocks retreated on Friday afternoon as the market neared the end of a rough week with steep losses. The Dow Jones Industrials continued its negative trend, losing 106.11 points Friday to 33,964.31. The S&P 500 faded 9.95 points to 4,320.05. The NASDAQ index dipped 12.18 points to...
2023-09-22 14:26:43 ET More on the auto sector Ford: The UAW Wildcard Could Drive A $6 Billion Wipeout Ford: Path To Ruin When Opportunity Abounds General Motors: Impacts From UAW Strike Ford Motor: 3 Risks Bulls Need To Monitor United Auto Workers ca...
Weekly Report ( September 1 5 - 21 , 2023) o n the Third Tranche of Stellantis Share Buyback Program AMSTERDAM, September 22, 2023 - Stellantis N.V. (“Stellantis” or the “Company”) announced today that pursuant ...
2023-09-22 11:47:57 ET Summary Ford's momentum has been overshadowed by the ongoing UAW strike, raising concerns about near-term productions and longer-term profitability. The strike, which is expected to last through October based on historical trends and the widening divergence ...
2023-09-22 06:55:34 ET More on BorgWarner Seeking Alpha’s Quant Rating on BorgWarner Dividend scorecard for BorgWarner Financial information for BorgWarner BorgWarner: A Relatively Cheap Ticket To The EV Train BorgWarner: Electrifying The Produ...
2023-09-22 06:49:43 ET Summary U.K. competition regulator issues preliminary approval for Microsoft-Activision merger. Kevin McCarthy's attempt to avert government shutdown fails. Detroit automakers face potential expanded strike as negotiations continue. Listen belo...
2023-09-21 16:02:16 ET More on the Detroit automakers Compare metrics on F, GM, and STLA Ford: UAW Strike Could Cost A Fortune General Motors: Impacts From UAW Strike Ford Motor: 3 Risks Bulls Need To Monitor UAW strike: White House team to reach Detr...
2023-09-20 17:42:17 ET Summary The Federal Reserve will continue reducing its holdings of Treasury securities, agency debt, and agency mortgage-backed securities, which will have a negative impact on stock markets. The Fed kept interest rates the same due to the lag in monetary po...
2023-09-20 14:18:34 ET More on the Detroit automakers Ford: UAW Strike Could Cost A Fortune General Motors: Impacts From UAW Strike Ford Motor: 3 Risks Bulls Need To Monitor Looming UAW Strike: A Self-Inflicted Wound For A Declining Detroit-Based Auto Industr...
2023-09-20 09:17:38 ET Summary Given limited room for effective profit margins, UAW's walkout action and demands will likely lead to Big Three carmakers jacking up prices. A steadily more viable option would be to move large portions of manufacturing volumes overseas, with Mexico ...
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President Joe Biden, on Friday, extended solidarity with the workers striking against the Detroit three automakers and said that he would be joinin...
With a sizable lead in polls of Republican voters, former President Donald Trump is ready to sit out the second and third Republican primary debate...
The Federal Open Market Committee meeting dominated the markets this week, with the Fed deciding to leave rates unchanged at 5.25%-5.5%, as widely ...