As their investors know, North America drives Detroit automakers’ profits, especially Ford Motor Company’s (NYSE:F). The region generated $1.99 billion of the Blue Oval’s total automotive (not including Ford Credit) first-quarter pre-tax profit of $1.97 billion — yes, the other regions combined to drag the total down. But Ford’s European region, with a gradual recovery....More>>>
(Note: Subscribers to Main Street Value Investor Marketplace received the first look at this research.)
Toyota Motor Corporation (TM) is the worlds eighth-largest company by sales based on 2016 consolidated revenues per the Fortune Global 500. Interestingly, Toyota is tailgating seventh-ranked and fellow automaker, Volkswagen (OTCPK:VLKAY) by a slim $8 million of revenue.
NEW YORK, NY – SEPTEMBER 28: Mark Cuban speaks onstage during the THRIVE with Arianna Huffington panel at The Town Hall during 2016 Advertising Week New York on September 28, 2016 in New York City. (Photo by Slaven Vlasic/Getty Images for Advertising Week New York)
During the NBA All-Star Technology Summit in New Orleans, Dallas Mavericks owner Mark Cuban shared a bold prediction about....More>>>
The Earnings Surprise Isn’t That Exciting
McDonald’s investors (NYSE:MCD) are celebrating a Trump victory that will usher in an administration far more friendly to businesses. A Republican government may do its part in avoiding things like the golden arch being liable for independent contractor violations or in voiding the penalties faced by employers under the Obamacare mandates.....More>>>
Honda Motor President, CEO and representative director Takahiro Hachigo (C) answers questions following a joint press conference with Hitachi Automotive Systems President and CEO Hideki Seki, in Tokyo on February 7, 2017. Japanese automaker Honda announced February 7 a joint venture with Hitachi Automotive Systems, a subsidiary of the industrial conglomerate, to collaborate in the field of electric....More>>>
Investment company Narus Financial Partners, LLC buys iShares Floating Rate Bond, iShares National Muni Bond, Qualcomm, Vanguard Div Appreciation ETF – DNQ, Apple, Oracle, Charles Schwab, AMN Healthcare Services, Target, Valero Energy, sells iShares MBS, Vanguard Intermediate-Termorate Bond ETF, Lannett Co, NVIDIA, Whirlpool during the 3-months ended 2017-03-31, according to the most recent....More>>>
Its another record day for big U.S. stock indices. The Dow closed above 19,000 for the first time ever, and the other major benchmarks all ended at new record highs for the second straight day.
The Dow closed up 67.22 points, or 0.35%, at 19,023.87.The Blue Chip index broke through 19,000for the first time ever earlier in the trading session.
RBC’s Kurt Hallead and Benjamin Owens offer their take on Transocean (RIG) appearance at the RBC Global Energy and Power Conference:
Our view: Transocvean continues to execute well, with the focus on revenue efficiency bearing fruit over the last several quarters. However, we believeTransocean shares have limited upside until the market gains more confidence....More>>>
"I personally sold all my gold and gold stocks yesterday," I told a crowd of 500 gold bugs at the Sprott Natural Resource Symposium in Vancouver at the end of July. The crowd was shocked… But my timing was nearly perfect. Gold is down 12% since the beginning of August. And gold stocks – as measured by the VanEck Vectors Junior Gold Miners Fund (GDXJ) –....More>>>
Toshiba’s chairman is stepping down after the Japanese company reported a $6.3 billion writedown at its troubled U.S. nuclear business.
The massive hit dragged the struggling conglomerate to an estimated net loss of $4.4 billion for the nine months ending December 31, raising concerns about whether it can survive its latest financial woes.
Chairman Shigenori Shiga is resigning....More>>>