34.90 -0.19 (-0.54%)
After hours: 6:11PM EST
|Bid||34.90 x 4000|
|Ask||35.29 x 2200|
|Day's Range||34.85 - 35.62|
|52 Week Range||30.56 - 45.52|
|Beta (3Y Monthly)||0.93|
|PE Ratio (TTM)||67.22|
|Earnings Date||Feb 6, 2019|
|Forward Dividend & Yield||1.52 (4.28%)|
|1y Target Est||44.85|
The 2019 Chevy Silverado is hitting dealerships soon, and one of the most notable changes for the new full-size pickup is the addition of a 2.7-liter turbocharged inline-four. The engine replaces the naturally-aspirated 4.3-liter V6 in volume consumer models like the Silverado LT and promises more power, less weight and — most importantly — better fuel economy. As Automotive News reports, GM's response is a little murky.
Holders of General Electric bonds are preparing for one of the world’s biggest borrowers to be downgraded to junk. To get a sense of what that might do to the markets, take a look back to the turmoil caused by the 2005 downgrades of General Motors and Ford—but worry that this time it might be worse because so many companies have been on a debt binge. Back in 2005 it was easier for the overall market to shrug off the troubles in credit, because corporate debt—excluding the banks—was under control, with the boom in borrowing linked instead to mortgages.
British Columbia's premier said on Tuesday his government will introduce legislation next year that will require all new light-duty cars and trucks sold in the province by 2040 to be electric or zero-emission vehicles. Premier John Horgan said the government will phase in the sales targets, which apply only to new vehicles. To support the plan, British Columbia will expand its fast-charging network and spend an addition C$20 million ($15 million) this year on incentives for consumers who buy electric vehicles.
Alphabet’s (GOOGL) Waymo is planning to launch its self-driving taxi service in the coming months, the unit’s CEO, John Krafcik, said at the Wall Street Journal’s WSJ Tech D.Live conference earlier this month. On its third-quarter earnings conference call last month, Alphabet said Waymo has begun testing pricing models for its self-driving taxi service before it launches on a commercial basis. While Waymo’s CEO has talked about the company’s self-driving service launching in the coming months—which could mean early next year—a source with knowledge of Waymo’s plans recently told Bloomberg that the launch is set for next month.
Earlier this month, top hedge fund managers in the United States disclosed where they had shifted their investments in the third quarter. David Einhorn, the billionaire leader of Greenlight Capital, is a perennial favorite among those who track 13F reports in spite of his fund's performance this year. Greenlight filed its 13F form with the U.S. Securities and Exchange Commission (SEC) on November 14, and the form reveals several significant changes to the hedge fund's portfolio over the period in question.
Zacks.com highlights: ArcBest, Citizens Financial Group, General Motors and Gulfport Energy
The Zacks Analyst Blog Highlights: Peabody Energy, First Solar, General Motors, Ford Motor and Tesla
In sync with its target to develop connected ecosystem, Allison (ALSN) collaborates with Telematics for custom-made telematics solutions.
In the meantime, the UK would probably be stuck in the so-called “backstop” which involves a bare-bones customs union that does nothing for financial services. It’s hardly surprising that many banks and investment firms, including those run by Brexiters, are shifting parts of their operations to other EU countries.
Auto makers and other companies racing to commercialize self-driving car technology are facing pushback from local politicians, complicating their plans to bring real-world testing to more U.S. cities. In New York City, General Motors Co. has put on hold plans to begin testing in Manhattan because Mayor Bill de Blasio has expressed concerns about the technology’s safety, according to people familiar with the matter. In Chicago, the city council’s transportation-committee chairman has vowed to block self-driving cars from operating in the nation’s third-largest metropolis, citing safety concerns and the potential for displacing taxi drivers and other jobs. When will fully autonomous vehicles take over the roads and how might they change our lives?
If it weren’t for people ‘autonomous cars work perfectly’, so safety issues are a concern as the vehicles reach the streets. Yahoo Finance’s Alexis Christoforous speaks to Samuel Schwartz, the Author of ‘No One at the Wheel’, about what we might be seeing in the near future.