Several thousand jobs will be lost in Australia by 2017 as the curtain comes down on a century of car manufacturing Down Under.» Read More
Stocks kicked off the second quarter with a rally Tuesday, led by financials, as news of more write-downs from European banks offered hope that the end is in sight for the global credit crunch.
There are some commonly held perceptions among car buyers that are getting tossed out the window right now. The biggest, in my opinion, involve the incentives dealers and automakers are rolling out to sell cars, trucks, and SUVs. So, with the March auto sales coming out, it seems appropriate to set the record straight.
In Monday’s Web Extra, the traders reveal how to trade automakers ahead of what’s expected to be a dismal sales report.
Major automakers are expected to report lower U.S. vehicle sales for March Tuesday, ending the first quarter on a weak note and adding to evidence that the housing slump and tighter credit have crimped demand.
Stocks advanced Monday, led by financials, as the market looked for insight into the second quarter and braced for closing its worst quarter in 5 1/2 years.
The Dow, S&P and Nasdaq are just points away from breaking their monthly losing streaks at 4 straight months of losses. Here's what they would need to rally today to have their first positive month since October:
Japan's financial regulator is examining ties between Aozora Bank and top shareholder Cerberus Capital Management, to see if the U.S. private equity firm has put pressure on the bank to finance deals, the Financial Times said on Monday.
The traders completed round 1 of the Fast Money Madness tournament going toe-to-toe over financials and commodities. Who advances?
With summer driving season around the corner, and the cost of gasoline at record highs, pain at the pump has become an everyday reality. And that has some automakers shifting their focus to alternative fuels, like hydrogen cells.
The e-mail jumped off the screen at me. It came in earlier this week when I asked you why we have not seen a "game changing" car, truck, or SUV in a while. Ray wrote of his interest in Chevy's electric/gas hybrid Volt currently in development.
Following are the day’s biggest winners and losers. Find out why shares of GM and Palm popped while Visa and Biovail dropped.
Mojo, Buzz. You pick the adjective. The auto industry is lacking the one car, truck, or SUV that everyone is talking about. You know, the one model getting attention, good or bad. Think Hummer from 5 years ago. Or the Prius 3 years ago.
College basketball fans are not the only ones going mad this March, advertisers are too.
It’s the time of the day for the shorts to press their case. Remember, sell the rally is the only consistent trading methodology that has worked in the past six months. It’s natural we should see some pressure today.
I hate to lose. I admit it. It's my competitive nature. Which will make today at the NY Auto Show a painful and costly experience for me. Today, Pontiac is showing its newest crossover utility vehicle. It's coming from GM's Australian subsidiary Holden and I have to admit it's pretty cool.
Following are the day’s biggest winners and losers. Find out why shares of NYSE and GM popped while Amgen and Newmont Mining dropped.
Cramer makes the call on viewers' favorite stocks.
The Federal Reserve announced a 75 basis point cut to its Fed Funds Target today, bringing the rate down to 2.25%, its lowest level since January 2005. The Fed has now cut the rate by 3.0% since it began easing in September of last year. How does 300 basis points over 180 days compare to past easing periods?
Stocks opened higher Tuesday as investors are anticipating that the Federal Reserve will deliver an unusually large rate cut.
Enthusiasm for the Federal Reserve's actions to stem the credit crunch propelled the Dow Jones Industrial Average to a higher close Monday, a day when everyone expected a rout due to weekend fire sale of Bear Stearns.