Should gasoline hit more than $4 a gallon, based on $125 a barrel for oil, Americans could “freak out” and beginning trading in their “Escalades on Minis,” Mike Jackson, chairman and CEO, AutoNation, told CNBC Wednesday.
Warren Buffett, chairman & CEO of Berkshire Hathaway, explains why America's 'love affair with cars' will bounce back. Would he consider buying AutoNation?
Here's why you should keep a close eye on these six stocks.
The two stocks to watch today are AutoNation and Estee Lauder . Both reported stellar earnings on significantly higher sales. AN is at its highest level since 1997; EL is at an historic high.
With data from ThomsonReuters, we took a look at which stocks have mean consensus estimates farthest below their stock prices (as of market close on 11/30/10).
The great Bernanke QE2 debate continues to heat up. In the run-up to the G-20 meetings, China, Russia, Germany, and others are all coming out against the Federal Reserve’s quantitative-easing agenda. They don’t want hot-money excess dollars to flow into their higher-yielding currencies.
Stocks closed mixed Thursday after shaving deeper losses from earlier in the day in the last half hour of trading as investors considered a mixed batch of earnings and the Fed's next steps to stimulate the economy. 3M and Caterpillar fell, while Pfizer and Walt Disney rose.
What follows is a roundup of corporate earnings reports for Thursday, Oct. 28.
Stocks trimmed earlier losses in the last half hour of trading Thursday as investors considered a mixed batch of earnings and the Fed's next steps to stimulate the economy. 3M and Caterpillar fell, while AmEx and Pfizer rose.
Stocks extended losses amid continued worries over the Fed Reserve's plans to stimulate the economy and a somewhat mixed batch of corporate earnings on Thursday. 3M and Caterpillar fell, while AmEx rose.
U.S. stock index futures edged higher ahead of the open Thursday after a report that jobless claims fell to a three-month low, and in the wake of a mixed close in the previous session on worries over the Federal Reserve's next move on quantitative easing from its policy meeting next week.
What's the state of the auto industry and should investors be looking to auto stocks? Investing in the auto sector was the topic Tuesday on CNBC for David Silver, equity research analyst at Wall Street Strategies and Michael Ward, auto analyst at Soleil Securities.
Sales of pickup trucks were up 60 percent in July from a year ago at AutoNation, the nation's largest auto dealer, in a clear indicator the economy is recovering, Chairman and CEO Mike Jackson said on CNBC Wednesday morning.
US stocks are vacillating between the positivity of strong earnings reports and the negativity of soft economic data. Short-sellers are on the prowl, looking to exploit weakness in heavy-volume names. Here are the 10 most shorted S&P 500 stocks. If momentum picks up, these stocks could be susceptible to a short squeeze. A report from TheStreet.
Some encouraging signs for bulls this afternoon at the close as the markets ended the day at session highs:
Plus, get calls on tech, housing and more.
Following are moves you might have missed. Find out why shares of AutoNation and Xerox popped while BB&T and Hershey dropped.
Stocks logged their best day in two weeks Thursday as a strong batch of earnings reports revived optimism about the economic recovery. Regional banks rallied.
What follows is a roundup of corporate earnings reports for Thursday, Jan. 22.
Stocks advanced Thursday after another strong batch of earnings reports revived optimism about the economic recovery. Regional banks rallied.