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2023-09-26 15:23:21 ET Summary The UAW strike against the "Big Three" automakers continues, with General Motors and Stellantis facing an expanded strike. Automotive retailers like AutoNation and Lithia Motors may benefit from the strike as they have larger inventories of new and u...
2023-09-26 09:00:00 ET Summary Ford Motor Company stock and the dividend are at risk of falling and being cut due to the UAW strike and increased costs. The high prices of Ford's electric vehicle lineup and the lack of demand for EVs among the majority of Americans pose challenges...
2023-09-26 07:27:07 ET More on the Detroit automakers Ignore UAW, Stellantis Is Still A Solid Bet 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-Inflic...
2023-09-26 02:25:07 ET Summary Stellantis, arising from the merger of Fiat-Chrysler and PSA, stands as a formidable presence in the automotive industry with a diverse portfolio and a historical annual revenue growth of 25%. The valuation suggests significant undervaluation for Ste...
2023-09-25 21:35:00 ET Summary The Federal Open Market Committee (FOMC) statement seemed dovish, at first, but then the FOMC signaled that one more Fed rate hike was not only possible, but likely. Crude oil prices have risen 30% since June, as fears of further supply shortages per...
2023-09-25 16:20:04 ET Summary Union membership in the U.S. has slightly declined, but the actual number of unionized workers has increased. Labor strikes, particularly those led by the UAW, may have limited effects on overall inflation. The UAW's demands could affect the prof...
2023-09-25 15:34:38 ET Summary Recent talks surrounding Cleveland-Cliffs have not ventured far from its potential takeover of U.S. Steel. However, the stock's underperformance relative to peers and the broader market this year underscores significant immediate risks that remain un...
2023-09-25 07:12:14 ET More on General Motors General Motors: Impacts From UAW Strike Looming UAW Strike: A Self-Inflicted Wound For A Declining Detroit-Based Auto Industry Detroit drama: Ford goes its own way in UAW battle while auto suppliers walk a tightrope ...
2023-09-24 10:08:00 ET More on AutoNation, BMW, etc. Carmaker-UAW Conflict Isn't To Tesla's Advantage For A Lot Of Reasons Detroit drama: Ford goes its own way in UAW battle while auto suppliers walk a tightrope Chinese electric vehicle stocks gain on enthusiasm that...
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...
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2024-07-26 10:47:03 ET Alphabet Inc (GOOGL) GOOGL is trading DOWN for the last 4 days, and it at trading at $166.10 with volume of 16,565,126 and a one day change of $-1.18 (-0.71%). Alphabet Inc has a 52-week low of 120.21 and a 52-week high of $191.75. The business's 50-day moving...
2024-07-25 14:34:02 ET Stock of Stellantis (NYSE: STLA) , one of the Big Three automakers by virtue of its ownership of Chrysler, Dodge, and Jeep, slid 7.2% through 12:15 p.m. ET Thursday after the company reported a big drop in profits for the first half of 2024. Analysts f...
Jeep® Wagoneer, Alfa Romeo Giulia Top Their Segments in J.D. Power U.S. APEAL Study, Ram Ranks Second Among Mass-market Brands PR Newswire AUBURN HILLS , Mich. , July 25 , 2024 /PRNewswire/ -- Jeep® Wagoneer first in the study's l...