|Bid||0.00 x 1200|
|Ask||0.00 x 1800|
|Day's Range||38.78 - 39.58|
|52 Week Range||30.56 - 41.90|
|Beta (3Y Monthly)||1.25|
|PE Ratio (TTM)||6.19|
|Earnings Date||Oct 29, 2019|
|Forward Dividend & Yield||1.52 (3.89%)|
|1y Target Est||48.17|
Oil prices soared as much as 20 per cent to above $71 a barrel — the most in nearly three decades — when markets reopened after an attack this weekend on Saudi Arabia’s oil infrastructure more than halved the country’s production. , including the largest percentage spike in the price of Brent crude since Saddam Hussein invaded Kuwait in 1990, sets oil on course for one of its biggest one-day gains.
More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday as contract talks with the company deteriorated into a strike.
Dow Jones futures: Crude oil prices leapt as a drone attack halved Saudi output. UAW called a GM strike. Apple iPhone preorders "look good" with Apple stock near a buy.
Thousands of Workers at General Motors will go on strike in the first auto industry walkout in more than a decade, after talks between the company and the United Auto Workers broke down over pay and healthcare benefits at the automaker's U.S. factories. Brexit secretary Steve Barclay has said Britain could stay in a standstill transition deal with the EU until the end of 2022.
United Auto Workers union see tens of thousands of its autoworkers go on strike after a midnight deadline passed on Sunday night ET -- the first such major industry walkout in more than a decade.
The United Auto Workers union and General Motors Co are set to resume contract talks at 10 a.m. EDT on Monday, hours after the union is set to go on strike, a union spokesman said. The UAW said earlier on Sunday its roughly 48,000 hourly workers at GM facilities would go on strike as of midnight on Sunday after U.S. labor contract talks reached an impasse, the first nationwide strike at GM in 12 years. GM officials said they expect to resume contract talks on Monday morning.
The United Auto Workers union on Sunday morning announced a national strike set to begin at 11:59 p.m. Sunday after failing to come to a tentative contract agreement with General Motors Company (NYSE: ...
Within the basic materials sector, platinum group metals (or PGMs) hold a special place for their usefulness as catalysts. While silver and gold typically enjoy a more prominent position in the public eye, platinum is nonetheless one of the rarest and most valuable metals on Earth. When looking at platinum group metal stocks, then, it's helpful to look to over-the-counter names, pure-play platinum outfits, and companies in industries as diverse as jewelry, computers, airplanes, and much more.
DETROIT/WASHINGTON (Reuters) - The United Auto Workers (UAW) went on strike at General Motors just after midnight Sunday and about 48,000 hourly workers at its facilities are headed for the picket lines in the morning, union officials said early Monday. U.S. labor contract talks reached an impasse on Sunday, the and the UAW called for the first nationwide strike at GM in 12 years. "We do not take this lightly," Terry Dittes, the UAW vice president in charge of the union's relationship with GM, said at a news conference in downtown Detroit on Sunday.
Union's current contract expired Saturday, just before midnight ET, and now some 46,000 hourly workers could strike General Motors by the same time Sunday.
The United Auto Workers called for a strike starting at midnight on Sunday as union leaders demanded GM “recognise the contributions” workers have made to “create a healthy, profitable industry”. The UAW is asking GM's nearly 46,000 US factory workers to stop working until further notice. In the wake of the financial crisis, unions had given the big carmakers concessions in their contracts, such as cuts to their healthcare and pension bills, helping GM reduce costs as it clawed its way out of bankruptcy.
General Motors and the United Autoworkers failed to reach a contract deal before midnight, which could send as many as 46,000 hourly workers to the picket lines following a 10 a.m. meeting on Sunday.
UAW Vice President Terry Dittes sent a letter to union members Saturday saying that the union will not extend the current 2015 collective bargaining agreement, but will work without a contract 'until a course of action is decided' by the UAW international executive board and the UAW-GM national council.
DETROIT/WASHINGTON, Sept 15 (Reuters) - The United Auto Workers (UAW) went on strike at General Motors just after midnight Sunday and about 48,000 hourly workers at its facilities are headed for the picket lines in the morning, union officials said early Monday. U.S. labor contract talks reached an impasse on Sunday, the and the UAW called for the first nationwide strike at GM in 12 years. "We do not take this lightly," Terry Dittes, the UAW vice president in charge of the union's relationship with GM, said at a news conference in downtown Detroit on Sunday.
GM and the United Auto Workers continue to haggle at the negotiation table over everything from pay and temporary workers to health care costs, but with the union's four-year current contract set to expire at midnight, the auto industry could see its first major walkout in more than a decade.
America's nearly two-year-old trade war with China, as well as salvos with Europe and Mexico, has battered a wide swath of stocks. President Donald Trump's tariffs (and retaliatory duties) have weighed on companies in various forms, such as higher input costs and unsold inventory.The pinch is being felt on a wide scale. Global growth was already slowing, though market analysts and foreign leaders alike think the trade war is making things worse. Here at home, manufacturing is thinning, reflecting waning demand. ISM's purchasing managers' index reading for August was just 49.1. Anything under 50 signals a contraction in activity, meaning August was the first month in three years that American manufacturing receded.The result has been a pullback in numerous stocks. Buying these tariff-assisted dips is risky because some of the companies face headwinds outside of trade uncertainty. But a resolution between the U.S. and China would bring much-needed relief to many companies, and perhaps a bounceback in their shares. You can see the potential every time the market rallies on the smallest of optimistic hints."(These) value stocks will deliver attractive returns after the tariff resolution, like a coiled spring that pops up," says Michael Underhill, chief investment officer of Capital Innovations in Pewaukee, Wisconsin. He thinks the market could continue to move higher heading into October's negotiations. If more concrete progress is made, a sustained rally will continue, he says.Here, then, are 14 stocks that have already felt the burn from President Donald Trump's tariffs (and retaliatory taxes). Some represent potential should Washington reel in its tariff threats, but they may continue to suffer any time trade tensions reignite. And a few are trying to pivot their businesses out of harm's way. SEE ALSO: 25 Dividend Stocks That Analysts Love the Most
Equities opened higher on Friday, but faded throughout the afternoon, with the S&P 500 finishing about flat on the day. After a very strong start to September, here's a look at a few top stock trades going into next week. Top Stock Trades for Tomorrow 1: FordShares of Ford (NYSE:F) haven't made much progress this week, but it's been a good showing from the bulls. Earlier this week, the company had its credit downgraded to junk status, but Ford stock posted a resilient rally.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn Friday, the stock briefly reclaimed the 50-day moving average, the same one which rejected F earlier in the week. A move above it puts $9.65 on watch and above that, a potential gap fill up to $10.20. * 7 Discount Retail Stocks to Buy for a Recession On the downside, see that Ford maintains above $9.40-ish. Just below is the 38.2% and rising 20-day moving average to help buoy shares on a possible pullback. Below this week's low opens up the possibility of $8.75. Top Stock Trades for Tomorrow 2: General MotorsShares of General Motors (NYSE:GM) have had a quiet week, but that comes after last week's strong gap up action. Consolidating between $38.50 and $39.50, GM stock is bound to move out of this range at some point.Should it resolve higher, the first target is $40.50. Above that and a run to the July highs is possible, up near $41.48. If it trades lower and falls out of this consolidation pattern, look for support from the 50-day and 20-day moving averages.If they fail as support, it puts the 200-day moving average on watch, with range support at $35.50 below that. Top Stock Trades for Tomorrow 3: MonsterMonster Beverage (NASDAQ:MNST) has a really interesting setup for traders. Uptrend support (blue line) continues to squeeze shares against static resistance at $59. That's known as an ascending triangle, a bullish technical pattern.At $59.27, the stock also has the 38.2% retracement it's trying to reclaim. Should it finally breakout, look for a possible run to the 50-day moving average. Above that and $63 is possible.If the 200-day and $59 resistance reject MNST stock, look for a pullback into uptrend support. Top Stock Trades for Tomorrow 4: TwilioAfter the thrashing we've seen in high growth stocks, many were hoping for a more impressive rebound. This bounce has been tepid, and that's putting it kindly. Just look at the action in Twilio (NYSE:TWLO) for instance.Short of a flood of buy orders, Twilio and others look set to roll over once again. Should TWLO get hit, I would love to see a correction down to the $96 to $98 area, and see whether that draws in buyers. * 10 Recession-Resistant Services Stocks to Buy High-growth selloffs are tough. If there are a few companies you really like and are willing to hold for the long term -- and embrace the risk -- nibbling on these declines can be rewarding. But they're difficult to time. In TWLO's case, let's take it one day at a time and see how it holds up on a potentially deeper decline.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post 4 Top Stock Trades for Monday: F, GM, TWLO, MNST appeared first on InvestorPlace.
General Motors has confirmed it is looking to construct a $175 million facility in the Dayton area — a massive project that would create around 100 new jobs.
The United Auto Workers said their members at General Motors facilities would launch a nation-wide strike midnight after contract talks reached an impasse. Union vice president Terry Dittes announced the pending work stoppage on Sunday (September 15). (SOUNDBITE) (English) UAW VICE PRESIDENT TERRY DITTES, SAYING: "What we're asking of General Motors is simple, and fair. We are standing up for fair wages, we are standing up for affordable, quality healthcare. We are standing up for our share of the profits." In a tweet Sunday, GM defended its offer to the UAW, saying they should come together and secure their shared future. A broad strike by the union's roughly 48,000 members would be the first such action at GM in 12 years. It would challenge both the union and GM Chief Executive Mary Barra at a time when the U.S. auto industry is facing a slowdown in sales, and rising costs for launching electric vehicles and curbing emissions. It would also test the union, which has been building up reserves in preparation for possible industrial action. Strike pay provided by the UAW is just $250 per week. That is far below workers' normal wages. (SOUNDBITE) (English) UAW VICE PRESIDENT TERRY DITTES, SAYING: "This is our last resort. It represents great sacrifice and great courage on the part of our members and all of us." GM's workers last went out on a brief two-day strike in 2007 during contract talks. A more painful strike occurred in Flint, Michigan, in 1998, lasting 54 days and costing the No. 1 U.S. automaker more than $2 billion.
The United Auto Workers union announced that its roughly 49,000 members at General Motors plants in the U.S. will go on strike Sunday night because contract negotiations with the automaker had broken down. CBSN's Elaine Quijano has more.