|Bid||9.640 x 1100|
|Ask||9.650 x 36200|
|Day's Range||9.630 - 9.850|
|52 Week Range||9.220 - 13.480|
|PE Ratio (TTM)||5.70|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||0.60 (6.35%)|
|1y Target Est||10.94|
As participants in the investment community, we watch and listen to some of the biggest and brightest stars talk about how they achieved great wealth for themselves and their clients. In the case of investing, I have witnessed firsthand some of the finest money managers on the planet. Now, why do I care about the habits of big money managers?
As we discussed previously, President Trump announced a 10% tariff on $200 billion worth of Chinese goods last week. The tariffs would increase to 25% by the end of the year. In a letter, Walmart (WMT) said, “Walmart and our suppliers will pay the cost of increased duties, which are simply taxes levied on products at the border.
According to Bloomberg’s tracker, Tesla’s Model 3 production rate was estimated at 3,274 units per week as of September 21. The company also aims to increase its Model 3 production to 6,000 units per week “by late August.” Moreover, TSLA has suggested that “the majority of [its] production lines will be ready to produce” about “10,000 Model 3s per week” by the end of 2018. Tesla’s ability to achieve these goals should continue to be in investors’ focus in the fourth quarter.
In the third quarter so far, Fiat Chrysler Automobiles (FCAU) has fallen 2.9% as of September 20. In 2017, FCAU impressed investors by yielding the highest returns among auto stocks (FXD) at 96.4%. After gaining 15% in the first quarter, the stock turned negative in the second quarter this year and saw a 7.9% fall.
In the previous part of this series, we looked at how discontinuing the promotional discounts to AutoZone’s (AZO) online ship-to-home program affected its retail business in the fiscal fourth quarter. Now, let’s analyze the company’s recent performance in another key business segment: DIFM (Do It for Me), which is its commercial segment. In the fiscal fourth quarter, AutoZone opened 58 new commercial programs, much higher than the 38, 23, and 30 new programs opened in the fiscal third quarter, the fiscal second quarter, and the fiscal first quarter, respectively.
The woman who claims Supreme Court nominee Brett Kavanaugh sexually assaulted her decades ago strengthened her legal team with the addition of Michael Bromwich, a former federal prosecutor who helped investigate the Iran-Contra affair. The Harvard Law alumnus joins lawyers Debra S. Katz and Lisa Banks on Christine Blasey Ford’s legal team. Katz and Banks confirmed on Saturday that Ford has agreed to testify before a Senate panel about her allegations against Kavanaugh, setting up a showdown in the bitter political fight over President Donald Trump’s second high court pick.
Hong Kong has opened a new high-speed rail link to inland China that will vastly decrease travel times but which also raises concerns about Beijing's creeping influence over the semi-autonomous Chinese ...
BANGKOK (AP) — A Thai court has ordered a local sales affiliate of Ford Motor Co. to pay 291 customers a total of about $720,000 in compensation for selling cars equipped with faulty transmissions.
The Senate Judiciary Committee chairman threatened to vote Monday on Brett Kavanaugh’s Supreme Court nomination unless the woman who has accused the nominee of sexual assault agrees to terms for her testimony by Friday night. The head of the panel, Senator Chuck Grassley, said he would give her until 10 p.m. Friday to respond. The committee’s Republicans proposed a Wednesday hearing on a sexual assault allegation against Kavanaugh, a day earlier than his accuser is seeking, as both sides stepped up pressure over the terms of what would be explosive testimony.
The saga of the 2017 Ford GT that was famously and briefly owned by John Cena and subject to a lawsuit from Ford over flipping the car for a profit has become the automotive equivalent of a hot potato, heading once again to the auction block, this time in Dallas at Mecum in October. Auctioneer Russo and Steele confirmed the supercar sold for $1.4 million during its Monterey Car Week auction on Aug. 25. It's not clear what the minimum bid is for the upcoming Dallas auction, which takes place Oct. 3-6.
Ford Motor Company’s (F) F-Series pickup trucks have been America’s best-selling trucks for over four decades. Despite the company’s increasing focus on electric vehicles (IYK) and autonomous vehicles, its stock has underperformed its peers in 2018 so far. In 2017, Ford stock inched up by 3.0%, while its direct peers General Motors (GM), Fiat Chrysler Automobiles (FCAU), and Toyota Motor (TM) rose ~17.7%, 96.4%, and 8.5%, respectively.
If Ford (NYSE:F) stock was a car, it would be…an Edsel. There’s something else: Ford must deal with the technological disruptions in the auto industry. Keep in mind that the company’s CEO, James Hackett, has been making bold moves.
According to the data compiled by Reuters as of September 20, only ~19% of analysts covering Ford Motor Company (F) have given it “buy” recommendations. A total of 71% remain uncertain and have recommended “holds” on the stock, while the remaining 10% of analysts have recommended “sells.”
According to recent estimates by Autodata, the seasonally adjusted rate of US light vehicle sales stood at 16.72 million units in August, higher than 16.58 million units in August 2017 but lower than 16.77 million units in July 2018.
A lawyer for the woman, Christine Blasey Ford, a California college professor, asked the Senate Judiciary Committee on Thursday to push back a hearing on her claims until Sept. 27 and take testimony from additional witnesses. “I have no doubt that, if the attack on Dr. Ford was as bad as she says, charges would have been immediately filed with local Law Enforcement Authorities by either her or her loving parents,” Trump tweeted.
AutoZone (AZO) sells auto parts and accessories primarily in the US market, as well as Puerto Rico, Mexico, and Brazil. In 2016, US auto companies (XLY) such as General Motors (GM) and Ford (F) benefited from strong US demand for utility vehicles and trucks. Utility vehicles and trucks tend to be more profitable than automobiles for these manufacturers.
AutoZone (AZO), the top US auto part retailer by the number of stores, released its fiscal fourth-quarter earnings on September 18. AutoZone’s fiscal fourth quarter ended on August 25.
French Economy minister Bruno Le Maire said on Friday that talks with Belgian transmissions supplier Punch Powerglide over the purchase of Ford's Blanquefort gearbox plant in southwestern France should ...
The UK Independence party has hardened its stance on Muslims, liberalism and the BBC, but its attempts to reinvent itself as an alt-right force appear to have made only limited headway. Mr Farage, the party’s former leader, criticised Mr Batten’s strategy of allying with the far-right — and warned that Ukip was at risk of “utter marginalisation” unless it changed direction “very, very, very quickly”.
Mercedes-Benz has repeatedly had to relearn a simple lesson: An air of European sophistication doesn't make a car sold overseas play in America. The CLA is a "four-door coupe", and the A is a proper sedan. The new, sharp lines of the A-Class and the age of the CLA, which debuted in 2013, can't be discounted.
Via Port-au-Prince, Mulholland ended up a few years ago in Mali and became a powerhouse of the local music scene, producing records including the excellent Kidal by Tamikrest, and founding new bands. Ward spent time in Antwerp, playing guitar as part of the ever-shifting line-up of Belgium’s premier rock band dEUS, before moving to the west coast of Scotland to run a hotel. The Darkness Between the Leaves brings together Belgium and Bamako.
For days, Donald Trump had been relatively restrained in comments about the sexual assault allegations against his Supreme Court nominee, Brett Kavanaugh. On Twitter, the US president attacked the credibility of Christine Blasey Ford and questioned why she did not call the police at the time of the alleged assault in the early 1980s. “I have no doubt that, if the attack on Dr. Ford was as bad as she says, charges would have been immediately filed with local Law Enforcement Authorities by either her or her loving parents,” he said in a tweet.