|Bid||14.92 x 3000|
|Ask||14.93 x 800|
|Day's Range||14.90 - 14.98|
|52 Week Range||14.01 - 24.41|
|Beta (3Y Monthly)||1.87|
|PE Ratio (TTM)||6.44|
|Forward Dividend & Yield||0.74 (5.08%)|
|1y Target Est||23.20|
Yahoo Finance’s Alexis Christoforous and Brian Sozzi discuss executive changes at Ford, including Amazon vet Tim Stone as the new CFO.
Fiat Chrysler recalled thousands of vehicles over excess emissions. Yahoo Finance's Adam Shapiro, Julie Hyman discuss.
Fiat debuted its Centoventi concept car for its 120th year anniversary at the Geneva Auto Show this month. It comes at a time when the future of the Fiat brand is coming into question, especially its role in the U.S. market. After pulling out of the American market in the early 1990s due to poor sales, Fiat staged a comeback in 2011 shortly after the Italian automaker stepped in to save its bankrupt U.S. competitor, Chrysler.
Replacing the catalytic converters in these vehicles would require an additional 77,000 ounces of palladium, said Miguel Perez-Santalla, sales and marketing manager at refiner Heraeus Metals New York LLC. Prices of the metal that’s used to curb greenhouse gas emissions from vehicles have been climbing to records this year as producers struggle to keep up with demand. “This eventually will be a bit of a supply shock,” said Maxwell Gold, director of investment strategy at Aberdeen Standard Investments, which oversees $736 billion. Newer and stricter regulations to curb emissions in gasoline vehicles have been forcing automakers to boost their purchases of palladium, fueling the surge in demand even amid a slowdown in car sales in China, Europe and the U.S.
Shares of auto makers fell Wednesday, pulled down by Germany-based BMW AG's warning of a significant drop in profits this year. Ford Motor Co.'s stock slumped 2.4%, General Motors Co. shares shed 2.9% and Fiat Chrysler Automobiles N.V. shares dropped 1.3%. BMW's Germany-listed shares tumbled 5.3%, with the company blaming its profit warning on higher costs associated with stricter emissions regulation, heavy investment in electric and self-driving cars, currency translation effects, higher raw materials and global trade tensions. The auto maker stock declines come as the S&P 500 slipped 0.3%.
Stocks were driving higher yet again on Tuesday, with the S&P 500 flirting with overbought territory going into Wednesday. However, it coughed up its gains going into the close. Keep in mind, the Federal Reserve will have an interest rate decision and press conference on Wednesday afternoon. Let's look at Tuesday's top stock trades. Top Stock Trades for Tomorrow 1: Advanced Micro DevicesShares of Advanced Micro Devices (NASDAQ:AMD) are erupting on Tuesday, up over 11% on the day after a video game announcement from Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) propelled AMD's breakout even higher.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Financial Stocks to Invest In Today Now over $25, AMD is hurdling a key level and the stock isn't even overbought yet. Traders who were long coming into the day should trail up their stop-losses. Prospective buyers should watch AMD Wednesday morning. If AMD has a small to modest pullback on Wednesday and $25 holds, it may be an advantageous buying opportunity. Top Stock Trades for Tomorrow 2: NvidiaKeeping in the chip space, Nvidia (NASDAQ:NVDA) stock is also rallying. However, it's on the back of the company's GTC Keynote presentation on Monday evening. With Tuesday's ~4.5% rally, NVDA stock is easily over $170 and hitting new highs for 2019.While NVDA is more overbought than AMD, neither is near a concerning level for longs yet. I wouldn't be surprised to see Nvidia continue higher, so long as the Fed doesn't derail the market rally on Wednesday.On the downside, I would like to see $170 hold as support. Should it fail, look for the $162.50 area to provide support, along with the 20-day moving average. On a further rally, investors can target $188, the 38.2% Fibonacci retracement for the 52-week range. Up near $197 fills the earnings gap from back in November, while the 200-day is up near $209. Top Stock Trades for Tomorrow 3: AmazonLast week we highlighted a potential breakout in Amazon (NASDAQ:AMZN) and so far this week, we're getting a big move in Amazon. I didn't expect that much of a rally, at least in just two trading sessions.If Amazon continues higher from current levels, $1,850 could be on deck. Should we pullback, look to see that the 200-day moving average acts as support. If it does, longs are still okay. Those who came in long should trail up stops and/or book some gains if they're only trading for the short term. Top Stock Trades for Tomorrow 4: Chipotle Mexican GrillShares of Chipotle Mexican Grill (NYSE:CMG) have been fire, rallying roughly 75% from its December lows.As much as I love to let the winners "ride higher," investors should surely consider taking some gains off the table now. At the very least, they should trail up their stops. The stock is overbought and definitely extended. That doesn't mean it can't keep running, but the risk/reward does not favor new longs.Short-term buyers can consider buying a pullback to $640, while more conservative bulls will want to wait for a test of the 20-day. The latter is what I want to see. Top Stock Trades for Tomorrow 5: Fiat ChryslerAn M&A rumor sent Fiat Chrysler (NYSE:FCAU) higher by 4.5%, however shares are running into the 10-week moving average on the long-term chart.On the plus side, $14 held as support and if FCAU can push through the 10-week moving average, perhaps it can gather some bullish momentum. If it can, Fiat stock may run to $17 before running into resistance. Even if that's the case, we're still talking about a ~13% return. Not too shabby. * Top 7 Service Sector Stocks That Will Pay You to Own Them Below $14 and I'm concerned for FCAU.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AMZN, GOOGL and NVDA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post 5 Top Stock Trades for Wednesday: AMD, Nvidia, Amazon appeared first on InvestorPlace.
Over the past decade, Chrysler has built a reputation for amazing custom concept cars based on production vehicles for the SEMA Show and the Easter Jeep Safari. The possible crown jewel of these cars is the 1971 Plymouth Road Runner, and that's simply because the car is completely unrestored with just 1,300 miles on the odometer. Apparently the owner of the shop that built the car for Chrysler got it back after the Rapid Transit System tour ended and took care of it until he later sold it to Steven Juliano, the man now selling this collection of cars.
Fiat's electrified European future begins with the next-generation 500e coming to the 2020 Geneva Motor Show. This is the same architecture that would propel a potential production version of the "Affordable But Cool" Centoventi concept that Fiat brought to this year's Geneva Motor Show. Fiat-Chrysler marketing boss Olivier Francois described the new 500e as, "A new 500, totally renewed.
Fiat Chrysler shares jumped on Tuesday to the top of Europe's STOXX 600 after the president of Peugeot family holding company FFP told French daily Les Echos he would support a new deal and suggested Fiat Chrysler was among the options. "With them, as with others, the planets could be aligned," Robert Peugeot was reported as saying, asked about targets for acquisitions or mergers. Fiat Chrysler (FCA) declined to comment.
European stocks were higher Tuesday morning, as investors monitored heightened Brexit uncertainty and awaited the Federal Reserve's latest monetary policy meeting.
Early in its stay, I frequently avoided taking the Pacifica if I could, mainly because I was turned off by the numb steering and roly-poly nature. It also packed the sweet sounding V6 in our Honda Ridgeline that I've previously raved about.
is the highest-ranking UAW official to date to be charged in the federal investigation, which first became public in July 2017. Prosecutors have already charged several other union officials, as well as Fiat Chrysler executives, in the continuing probe, alleging they had used money from a union training-center fund to enrich themselves. Mr. Jewell, who led the UAW’s bargaining team with Fiat Chrysler in 2015 for a new four-year contract, was charged with allegedly violating the Labor Management Relations Act, according to court documents filed by the U.S. Attorney’s Office for the Eastern District of Michigan.
U.S. prosecutors in Detroit on Monday charged a former high-ranking United Auto Workers official in charge of the labor union's relations with Fiat Chrysler (FCA) of misusing funds for lavish purchases for himself and other union officials. Norwood Jewell, who headed the UAW's FCA department from 2014 until his retirement in January 2018, was charged with conspiracy to violate labor laws and accepting improper payments in a criminal information - often a precursor to a plea agreement. Jewell is the highest-ranking former UAW official charged so far in a wide-ranging investigation into illegal payoffs to UAW officials.
DETROIT (AP) — A former vice president at the United Auto Workers was charged Monday in a scheme with Fiat Chrysler executives to buy meals, golf and other perks with the automaker's money — the highest-ranking official snagged in an investigation that has exposed corruption between labor and management.
Failure of routine in-use emissions testing conducted by EPA on Fiat Chrysler's (FCAU) gasoline models leads to a recall about 965,000 vehicles across the United States and Canada.
Fiat Chrysler Automobiles NV will recall about 965,000 gasoline-powered vehicles in the United States and Canada that do not meet emissions standards and will replace their catalytic converters, officials said on Wednesday. The recall, reported earlier by Reuters, was prompted by in-use emissions investigations conducted by the Environmental Protection Agency and in-use testing by Fiat Chrysler as required by U.S. regulations, the agency said. EPA said it will continue to investigate other Fiat Chrysler vehicles that are potentially noncompliant and may become the subject of future recalls.
Fiat Chrysler Automobiles NV is recalling nearly 863,000 of its vehicles in the U.S. after some didn’t meet federal emissions standards, marking the latest disclosure by an auto maker of troubles complying with U.S. regulations. The Environmental Protection Agency said Wednesday that the voluntary recall includes several models of the Dodge Journey, Dodge Avenger, Dodge Caliber and Jeep Compass, some going back to the 2011 model year. The agency routinely recalls older models, in some cases because their emissions controls weren’t a durable as thought when first certified.
Announcement: Moody's announces completion of a periodic review of ratings of FCA Bank S.p.A. Paris, March 13, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of FCA Bank S.p.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
The voluntary recall of 2011 through 2016 model year Jeep, Dodge and Chrysler brand vehicles will be implemented in phases throughout the year, the U.S. Environmental Protection Agency said Wednesday. The recall of gasoline-powered models was prompted by a so-called in-use investigation by EPA as well as testing done by Fiat Chrysler as required by agency rules, the agency said.
Although many of the vehicles are museum quality, they don't all come through in straight by-the-book factory form, as Leno often likes to highlight the creative and insane builds from premium speciality aftermarket shops. One of his favorites is SpeedKore, which recently dropped by with its carbon-fiber-bodied 1970 Dodge Charger Evolution. After cementing itself as one of the best builds of the year at SEMA 2018, the high-performance Charger paid Leno a visit to show off its immaculately assembled blend of classic and modern Dodge.