|Bid||9.75 x 1300|
|Ask||9.83 x 1000|
|Day's Range||9.61 - 9.83|
|52 Week Range||9.22 - 13.48|
|PE Ratio (TTM)||5.79|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||0.60 (6.35%)|
|1y Target Est||10.94|
The trade war with China is hitting the car industry raising costs of everything from tires, to brake pads and engines. Yahoo Finance's Seana Smith, Dion Rabouin, Andy Serwer and Shawn Snyder, Head of Investment Strategy at Citi Personal Wealth Management.
A couple of years ago, Roush Performance introduced a wild, 600 horsepower F-150 with off-road suspension and even a warranty. Now, the company is seriously upping the ante with the 2018 Ford F-150 SC. This adds 50 more horsepower for 650 total.
A lawyer for the woman who accuses Supreme Court nominee Brett Kavanaugh of sexual assault said Senate Republicans are acting unfairly by forging ahead with a hearing on Monday without looking at other potential witnesses. Senate Judiciary Chairman Chuck Grassley is sticking with his plan to hold the hearing and gave accuser Christine Blasey Ford until Friday morning to submit written testimony. "The committee’s stated plan to move forward with a hearing that has only two witnesses is not a fair or good faith investigation," Ford attorney Lisa Banks said in a statement.
The trade war between the U.S. and China continues to escalate, with Beijing set to impose tariffs on $60 billion in U.S. imports in response to the Trump administrations' new set of tariffs on $200 billion in Chinese imports. Despite the mounting pressure on companies in the world's two largest economies, some firms and their products appear to be safe.
Sen. Chuck Grassley says he wants Dr. Ford to testify in an open or closed session or in public or private interviews: "That's 4 different ways she can choose to come" (Source: Bloomberg)
In the week ending September 14, Ferrari (RACE) stock turned positive after posting losses the previous week. Last week, Ferrari rose 4.2% after losing 3.2% the previous week. In August, Ferrari stock continued to trade on a weak note for the second consecutive month. As of September 17, the stock has risen 9.9% in the past month.
The stock has been on a roller coaster ride in 2018. The fluctuations have been due to investors’ close attention to Tesla Model 3 production updates and CEO Elon Musk’s bid to privatize the company. In the third quarter, Tesla has fallen 14.0% as of September 17.
If steep tariffs on goods imported into the United States are only part of a negotiating tactic from President Donald Trump, he certainly has committed to his bluff. Trump's tariffs - the first of which went into effect in early July and prompted an immediate, equivalent response from America's trade partners, including China - have been left in place long enough to start taking a measurable toll on American bottom lines. Most consumers and even most investors have yet to see or feel their impact. Despite the relatively civil trade war thus far, the global economy is robust, driving overall corporate earnings upward. Workers are enjoying their recent pay raises. Time is working against certain businesses, however. The ripple effect stemming from the initial victims' struggle could take weeks if not months to be fully felt on other fronts. And new tariffs are being imposed. It will take weeks and/or months to feel their full impact as well, even as those outfits start to feel the early ripples. Still, more than a few major publicly traded stocks have already taken hits related to Trump's tariffs (and other countries' retaliatory measures). Here are 10 companies that already have run into trade-war headwinds. SEE ALSO: The Best and Worst Presidents (According to the Stock Market)
Volkswagen AG and Ford Motor Co. are set for more competition in the race to role out self-driving vehicles as parts supplier ZF Friedrichshafen AG develops its own offering in the latest sign of how technology shifts are upending traditional roles in the auto industry. ZF plans to invest 12 billion euros ($14 billion) over the next five years on electric and autonomous vehicle technology. The spending of about 2.4 billion euros annually outpaces the 2.2 billion euros ZF spent in overall research and development last year.
In the week ending September 14, Fiat Chrysler stock (FCAU) rose 5.7% and closed at $17.50. In the previous week, the stock registered 3.2% losses. After reporting mixed second-quarter results on July 25, Fiat Chrysler fell ~12% for the session. During the second-quarter earnings event, the company revised its 2018 outlook downward just like its peers (IYK) General Motors (GM) and Ford (F). Fiat Chrysler expects its 2018 adjusted EBIT to be 7.5 billion–8.0 billion euros—down from the original guidance of 8.7 billion euros.
Is Tesla Stock 'No Longer Investable'? In the previous article, we looked at analysts’ latest recommendations on Tesla (TSLA) stock. Analysts remain divided on Tesla in September after the majority of them suggested “buys” on the stock after its second-quarter results release in August.