General Motors Poised on Strategic Initiatives amid Headwinds
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 8:12AM CDT
On Jun 23, 2016, we issued an updated research report on General Motors Company (GM).
GM: 28.35 (-1.47), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
Winnebago's (WGO) Q3 Earnings Beat Estimates, Rise Y/Y
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 6:04AM CDT
Winnebago recorded earnings of 53 cents per share in the third quarter (ended May 28, 2016) of fiscal 2016, 25.5% higher than 43 cents earned in the prior-year quarter.
WGO: 22.56 (-0.59), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
Volkswagen: Time to Buy Post-Emissions Scandal?
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 4:12PM CDT
Volkswagen has been taking significant steps toward solving its emissions problem and getting back on the growth trajectory.
SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
Tesla (TSLA) Proposes to Buy SolarCity: What's in Store?
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 2:10PM CDT
Tesla Motors, Inc. (TSLA) announced an offer to acquire solar installation firm, SolarCity Corporation (SCTY).
TSLA: 193.15 (-3.25), SCTY: 22.20 (+0.22), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76)
Genuine Parts' Dual Acquisition to Raise Revenues by $70M
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 8:54AM CDT
Genuine Parts Company (GPC) has signed two agreements to acquire Auto-Camping, Ltd. and select assets of the Janitorial and Sanitation business of Rochester Midland Corporation.
GPC: 96.85 (-2.56), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
CarMax's (KMX) Q1 Earnings and Revenues Miss Estimates
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 9:13AM CDT
CarMax Inc. (KMX) posted earnings per share of 90 cents in the first quarter of fiscal 2017 (ended May 31, 2016), highlighting an increase of 4.7% from 86 cents earned a year ago.
KMX: 46.32 (-0.66), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
Will Tesla (TSLA) Set Up China Production Base in Shanghai?
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 7:25AM CDT
Tesla Motors, Inc. (TSLA) is planning to set up a production base in China. The facility will most likely be built in Shanghai.
TSLA: 193.15 (-3.25), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
Tesla (TSLA) to Expedite Gigafactory Opening to Next Month?
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 7:21AM CDT
Tesla Motors, Inc. (TSLA) is set to open its Gigafactory in Nevada next month due to the massive pre-orders for Model 3.
TSLA: 193.15 (-3.25), SUP: 25.86 (-1.70), LEA: 104.78 (-11.09)
Superior Industries International Shares Up 51.0% Since SmarTrend's Buy Recommendation (SUP)
Comtex SmarTrend(R) - Tue Jun 21, 12:22AM CDT
SmarTrend identified an Uptrend for Superior Industries International (NYSE:SUP) on January 29th, 2016 at $18.22. In approximately 5 months, Superior Industries International has returned 50.99% as of today's recent price of $27.51.
SUP: 25.86 (-1.70)
Tesla Hosts Official Unveiling Event for Model X in China
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 7:00AM CDT
Tesla Motors, Inc. (TSLA) held the official unveiling of Model X in China last week.
TSLA: 193.15 (-3.25), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
Honda (HMC) Expands Recall for Takata Airbags in China
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 6:21AM CDT
Honda's (HMC) Chinese joint venture has announced the recall of another 1 million vehicles to replace possibly defective Takata airbags.
HMC: 25.27 (-1.36), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
Volkswagen (VLKAY) Investing $11.3 Million in California
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 7:43AM CDT
Volkswagen AG (VLKAY) announced investments worth $11.3 million in California.
SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
Navistar to Gain from Innovative Products & Strategic Efforts
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 7:36AM CDT
On Jun 15, 2016, we issued an updated research report on Navistar International Corporation (NAV).
GM: 28.35 (-1.47), NAV: 11.73 (-1.41), SUP: 25.86 (-1.70), LEA: 104.78 (-11.09)
Ford's Europe Sales Rise 11.5% in May, Lag Industry Growth
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 6:37AM CDT
Ford Motor Co. (F) recorded an 11.5% year-over-year rise in sales to 111,700 vehicles in its 20 traditional European markets (Euro 20) in May 2016.
F: 12.52 (-0.88), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
Johnson Controls Forms JV to Build 4th Battery Plant in China
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 7:39AM CDT
Johnson Controls (JCI) reported plans to form a joint venture with Binzhou Bohai Piston Co., Ltd., to build a new automotive battery manufacturing plant in China.
SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09), JCI: 42.73 (-2.26)
Tata Motors' Jaguar Land Rover Opens New Plant in Brazil
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 6:49AM CDT
Tata Motors Limited's (TTM) Jaguar Land Rover unit has inaugurated a new factory in Brazil.
ALV: 113.50 (-10.98), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), TTM: 33.89 (-2.90)
Standard Motor Raised to Buy on Facility Closure & Acquisition
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 6:47AM CDT
On Jun 15, 2016, Zacks Investment Research upgraded Standard Motor Products Inc. (SMP) to a Zacks Rank #2 (Buy).
SMP: 37.90 (-1.34), ALV: 113.50 (-10.98), BGC: 13.41 (-1.00), SUP: 25.86 (-1.70)
Tesla Partners Nordstrom to Open Gallery at The Grove in LA
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 6:31AM CDT
Tesla Motors, Inc. (TSLA) is collaborating with Nordstrom Inc. (JWN) to open a new gallery in Los Angeles.
TSLA: 193.15 (-3.25), JWN: 37.13 (-1.12), SUP: 25.86 (-1.70), LEA: 104.78 (-11.09)
Navistar Partners General Motors to Produce Cutaway Van
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 7:52AM CDT
Navistar signed an agreement with General Motors Company (GM) per which it will produce the cutaway model of General Motors' G Van at the Springfield plant.
GM: 28.35 (-1.47), NAV: 11.73 (-1.41), SUP: 25.86 (-1.70), LEA: 104.78 (-11.09)
Johnson Controls to Double AGM Battery Production by 2020
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 7:47AM CDT
Johnson Controls Inc. (JCI) announced that it will invest $245 million over the 2016???2020 period to double its Absorbent Glass Mat battery production capacity in North America.
SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09), JCI: 42.73 (-2.26)