|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||38.86 - 39.42|
|52 Week Range||34.50 - 46.76|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.52 (3.82%)|
|1y Target Est||N/A|
Auto insurers say new tariffs could drive up the cost of new cars, and the price tag for repairing older ones. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer and Ethan Wolff-Mann discuss what it means.
SAN FRANCISCO/WASHINGTON (Reuters) - Big companies in the United States from Amazon.com Inc to Toyota Motor Corp and Alcoa Corp are working to counter the effect of the Trump administration's trade policies and to head off new tariffs. Companies are attempting to avoid any confrontation with U.S. President Donald Trump but want to exert as much influence as they can to dissuade him from tearing up trade agreements or introducing tariffs on a wide swath of imports. Amazon, the world's largest online retailer and cloud-computing company, which could be hurt by tariffs on items sold through its website and components for its data centers, is discussing industry-wide advertising campaigns and more extensive government lobbying, a person familiar with the matter told Reuters on condition of anonymity.
SAN FRANCISCO/WASHINGTON (Reuters) - Big companies in the United States from Amazon.com Inc (AMZN.O) to Toyota Motor Corp and Alcoa Corp (AA.N) are working to counter the effect of the Trump administration's trade policies and to head off new tariffs. Companies are attempting to avoid any confrontation with U.S. President Donald Trump but want to exert as much influence as they can to dissuade him from tearing up trade agreements or introducing tariffs on a wide swath of imports. Amazon, the world's largest online retailer and cloud-computing company, which could be hurt by tariffs on items sold through its website and components for its data centers, is discussing industry-wide advertising campaigns and more extensive government lobbying, a person familiar with the matter told Reuters on condition of anonymity.
Previously, we looked at Fiat Chrysler’s (FCAU) stock performance in Q2. Investors’ high expectations for the company’s second-quarter results may have helped its stock. In this part, we’ll explore analysts’ estimates for its Q2 2018 earnings.
Italian-American auto giant Fiat Chrysler (FCAU) is slated to announce its Q2 2018 earnings on July 25. Before we review analysts’ estimates for its Q2 2018 earnings, let’s look at its stock performance in July so far.
With second-quarter earnings season in full swing, we're gearing up for reports from General Motors (GM), Ford Motor (F), and Tesla (TSLA). Yet JPMorgan's Ryan Brinkman argues that only the first two are worth buying ahead of the results. Brinkman reiterated an Outperform rating on both GM and Ford, although he thinks only the former will beat consensus estimates.
The company’s autonomous vehicles just drove 8 million miles on public roads. It took the company just one month to go from 7 million miles to 8 million miles driven. Waymo’s acceleration in logging miles with self-driving cars has picked up in the last year.
When Detroit's automakers report earnings on Wednesday, they are likely to highlight escalating tariffs and use the opportunity to warn investors of far greater pain ahead should U.S. President Donald Trump impose broader tariffs on the industry's vehicles and parts, consultants and analysts said. "The automakers really want to get that narrative out there," said Jeff Schuster, president for the Americas at consultancy LMC Automotive, who stressed it is unusual for General Motors Co (GM.N), Ford Motor Co (F.N) and Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) to post quarterly earnings on the same day. "All three automakers are on the same page with tariffs," he added.
The automobile sector is known to be highly capital-intensive due to huge fixed and raw material costs in the auto manufacturing business. That’s one of the key reasons that major automakers (VCR) General Motors (GM), Ford Motor (F), Toyota Motor (TM), and Fiat Chrysler Automobiles (FCAU) extensively utilize debt.
Domestic automakers will suffer equally if tariffs are imposed on car imports, as a number of U.S. carmakers have their production units offshore.
In the previous part of this series, we looked at analysts’ estimates for General Motors’ (GM) Q2 revenue. Its revenues are expected to be flat YoY (year-over-year) in the second quarter. Let’s move on to analysts’ estimates for GM’s Q2 2018 profit margins.
In value investing, investors pick stocks that are cheap but fundamentally sound. So, chances are high that these stocks will allow investors to book profits when the market trends upward.
Strong sales of Chevrolet and GMC are likely to have a positive impact on General Motors' (GM) soon-to-be-released second-quarter results.
In Q1 2018, General Motors (GM) reported revenue of $36.1 billion, which reflected a decrease of 3.1% from $37.3 billion in Q1 2017. Its lower global sales volume continued to hurt its first-quarter revenues. It was the fourth consecutive quarter for GM’s revenue to fall. Now let’s find out what analysts are estimating for GM’s Q2 2018 revenue.
Major companies tentatively scheduled to post quarterly earnings next week: MONDAY Alphabet Inc. reports quarterly financial results after the market close. WEDNESDAY Boeing Co. reports quarterly financial ...
Trump signed an executive order creating the National Council for the American Worker, intended to beef up training and education for American workers.
Asian markets wobbled Friday on signs that China and the U.S. were preparing to impose more tariffs on each other's products. KEEPING SCORE: Japan's Nikkei 225 lost 0.5 percent to 22,652.42 and South Korea's ...
Ford (NYSE:F) has lost 10% of its value over the last month. This leaves many asking the question, “Why is Ford stock so low?” Automakers face continuing struggles on many fronts. The economy, interest rates, labor issues, supply issues and material costs stand as many factors that affect the stock price of Ford.
In the previous part of this series, we looked at analysts’ expectations for General Motors (GM) in Q2 2018, which indicated a minor weakness. Other than earnings estimates, investors should also be aware of Wall Street analysts’ ratings since they could have an impact on the stock. Now let’s see what analysts are recommending for GM before its second-quarter earnings event.
US auto giant General Motors (GM) is set to release its Q2 2018 earnings on July 25. According to 2017 US auto sales volumes, GM had the largest market share in its home market, surpassing Ford Motor (F), Toyota (TM), and Fiat Chrysler Automobiles (FCAU).
According to a CNBC report, analyst Rajvindra Gill at Needham expects the Model 3 cancellation rate to have doubled in less than a year. Before Tesla reached its Model 3 production milestone of 5,000 units per week at the end of the second quarter, Morgan Stanley analyst Adam Jonas was not expecting Tesla to achieve a rate of 5,000 units per week until the first half of 2019. In fact, Tesla’s efforts to exponentially boost Model 3 production might have given confidence to Model 3 reservation holders who have already waited for many quarters to stick to their reservations a little longer.
Commerce Secretary Wilbur Ross said Thursday it is "too early" to say if the United States will impose import tariffs of up to 25 percent on imported cars and parts -- a suggestion that has been ...